Treasury Secretary Scott Bessent said China has a choice on whether or not to be a reliable partner with the rest of the world, reiterating that it needs to be more of a consumption-led economy.

Treasury Secretary Scott Bessent said Sunday that China is withholding critical minerals it agreed to release in a trade deal the country signed with U.S. negotiators last month in Geneva. "What China is doing is they are holding back products that are essential for the industrial supply chains of India,

Bitcoin ticks up as Trump, Xi prepare for trade talks on critical minerals, Bessent slams China’s supply chain tactics.

Treasury secretary Scott Bessent has insisted the US would never default on its debt as he sought to assuage Wall Street concerns over the state of the country’s public finances.

Treasury Secretary Scott Bessent said the U.S. government will never default on its debt obligations as Congress faces a debt limit deadline in the wake of a credit downgrade.