Treasury Department

World

Trump administration announces sanctions relief for Syria

May 23, 2025 10:06 pm

Treasury Secretary Scott Bessent and a nickel.

Finance

Bessent claims America can ‘retool’ nickel as Treasury pledges to end penny production

Luke Gentile -

May 23, 2025 1:08 pm

News

Trump’s tariff threat to Apple is about bringing back ‘precision manufacturing’: Bessent

Luke Gentile -

May 23, 2025 11:33 am

Pennies shine in a bin at the U.S. Mint in Denver on Wednesday, Aug. 15, 2007. Because of a surge in the price of zinc and copper, it now costs the U.S. Mint almost 2 cents to produce a penny. That has some in Congress seeking a change in the way the coins are made, if not removing them circulation altogether. The the nation's sole supplier of zinc

Finance and Economy

Treasury Department pledges to end all penny production by early 2026

Emily Hallas -

May 22, 2025 10:44 am

President Donald Trump’s informal elevation of Treasury Secretary Scott Bessent as his top advisor on trade seems to be paying dividends in negotiations with American trading partners and easing concerns among Trump supporters spooked by the initial rollout of the president’s tariff agenda.

White House

Bessent show: Treasury secretary taking over as top dog on Trump’s trade team

Christian Datoc -

May 14, 2025 6:00 am

Treasury Secretary Scott Bessent appears before the Senate Finance Committee for his confirmation hearing at the Capitol in Washington, Thursday, Jan. 16, 2025.

Bessent predicts debt limit will be hit in August, asks Congress to increase or suspend ceiling

Brady Knox -

May 9, 2025 11:08 pm

Scott Bessent, President-elect Donald Trump's choice for treasury secretary, appears before the Senate Finance Committee for his confirmation hearing, at the Capitol in Washington, Thursday, Jan. 16, 2025

WATCH LIVE: Bessent testifies before the House Financial Services Committee

Annabella Rosciglione -

May 7, 2025 9:36 am

House

WATCH LIVE: Scott Bessent testifies before House Appropriations Committee

Jack Birle -

May 6, 2025 9:42 am

Bessent becomes the Trump economic plan explainer

W. James Antle III -

May 6, 2025 7:00 am

Lawmakers announce bill to eliminate penny production after Trump slams coin as ‘wasteful’

Jack Birle -

April 30, 2025 1:22 pm

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