President Joe Biden nominated Janet Yellen, 78, as the first female head of the Treasury Department. She will likely be ...

Yellen said the Biden administration's actions reduced major risks, and noted that inflation fell earlier in the US than in ...

U.S. Treasury Secretary Janet Yellen on Wednesday mounted a robust defense of the Biden administration's response to the ...

Yellen praises Biden's stimulus spending, warns of dire consequences without fiscal consolidation, urges continued investment ...

Pandemic-era spending averted “significant hardship” and supported demand, which allowed Americans to get back to work ...

FILE PHOTO: Artist Sharon Sprung, who painted the official White House portrait of former U.S. first lady Michelle Obama, ...

Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.

Treasury Secretary nominee Scott Bessent warned that the U.S. faces an economic crisis that will hammer middle- and working-class people if the 2017 Republican tax cuts aren’t extended when a swath of ...

President-elect Donald Trump's nominee to lead the Treasury Department said federal spending is "out of control." ...

Here's what to know about the Treasury secretary pick Bessent, who heads into his confirmation hearing and may become the ...