Treasury Secretary Scott Bessent said he is not in favor of debuting a central bank digital currency under Donald Trump’s ...

US Treasury Secretary Scott Bessent says the US needs to reverse the "scary" fiscal path that it's on before it's too late.

Oil prices slumped on Monday after OPEC+ countries announced a sharp production increase despite oversupply concerns and ...

On Capitol Hill, that deadline is more than a bookkeeping entry. Republican leaders have tied their sweeping bill covering ...

US Treasury Secretary Scott Bessent has again opposed the idea of a Central Bank Digital Currency (CBDC). He stated that he would not favor a move by the Federal Reserve to create one, calling it a ...

Stablecoins are experiencing a resurgence as major banks and payment giants enter the market, but concerns about stability, ...

Hélène Rey urges European officials to act quickly to capture some of the "exorbitant privilege" long enjoyed by the US ...

US Treasury Secretary Bessent says that the Federal Reserve should not launch a central bank digital currency (CBDC) in the U.S. “A central bank digital currency is a sign of weakness,” the secretary ...

It is worth understanding its content, as it is also relevant to us. First and foremost, the order delivers the final blow to the so-called central bank digital currency (CBDC), also known as digital ...

WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s ...