Josh Boak And Fatima Hussein, The Associated Press

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US Treasury secretary says trade war with China is not 'sustainable'

US Treasury secretary says trade war with China is not 'sustainable'

WASHINGTON (AP) -- U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown against China is unsustainable and expects a "de-escalation" in the trade war between the world's two largest economies.

Democrats ask for an investigation into DOGE's access to Treasury's payment systems

Democrats ask for an investigation into DOGE's access to Treasury's payment systems

WASHINGTON (AP) -- Democratic lawmakers are seeking a Treasury Department investigation of the access that Elon Musk's team was given to the government's payment system, citing "threats to the economy and national security, and the potential violation of laws protecting Americans' privacy and tax data."

The rising price of paying the national debt is a risk for Trump's promises on growth and inflation

The rising price of paying the national debt is a risk for Trump's promises on growth and inflation

WASHINGTON (AP) -- Donald Trump has big plans for the economy -- and a big debt problem that will be a hurdle to delivering on them.

Trump raced to pick many Cabinet posts. He took more time to settle on a treasury secretary

Trump raced to pick many Cabinet posts. He took more time to settle on a treasury secretary

WASHINGTON (AP) -- President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time before settling on billionaire investor Scott Bessent as his treasury secretary nominee.

Trump's treasury pick could give an indication of what he plans to do about tariffs

Trump's treasury pick could give an indication of what he plans to do about tariffs

WASHINGTON (AP) -- President-elect Donald Trump's decision on a treasury secretary is about far more than whose name will be printed on America's money.

Harris team warns CEOs that Trump is a threat to economy, while Trump says tariffs can drive growth

Harris team warns CEOs that Trump is a threat to economy, while Trump says tariffs can drive growth

WASHINGTON (AP) -- Kamala Harris ' campaign is actively warning business leaders that Donald Trump has a pattern of disregard for democracy and the rule of law that would threaten U.S. economic growth -- a closing argument designed to show the possible consequences for companies and workers if he returns to the White House.

Harris team warns CEOs that Trump is a threat to economy, while Trump promises them historic growth

Harris team warns CEOs that Trump is a threat to economy, while Trump promises them historic growth

WASHINGTON (AP) -- Kamala Harris ' campaign is actively warning business leaders that Donald Trump has a pattern of disregard for democracy and the rule of law that would threaten U.S. economic growth -- a closing argument designed to show the possible consequences for companies and workers if he returns to the White House.