The stakes have never been higher, but with Bessent at the helm of the Trump economic team, a brighter future is within reach.

Ronald Reagan had his “ Miss Rosy Scenario ” and “ magic asterisks ” to make his deficit numbers seem better than they actually were. Every Republican president since has used (and abused) a famous napkin sketch to pretend that tax cuts always pay for themselves.

U_S_ Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an opportunity to unleash “a new economic golden age.”

Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.

Nominee for U.S. Treasury secretary, Scott Bessent, is expected to declare during his confirmation that Trump will usher in "a new economic golden age."

Scott Bessent to say at his confirmation hearing that Donald Trump has opportunity to unleash “new economic golden age.”

This is a collection of photos chosen by AP photo editors.

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump.

The Senate has confirmed Marco Rubio as secretary of state, giving President Donald Trump the first member of his Cabinet. The vote was unanimous.

President Trump is tapping a number of officials to serve as acting department heads as he waits for the Senate to confirm his Cabinet nominees. While some acting heads will only serve for a short

President Donald Trump will be sworn back into office, the culmination of a comeback that seemed impossible just a few short years ago. Almost as improbable is the inner circle Trump has cultivated in his second tour of office: a coterie of Silicon Valley powerbrokers that seem ready to upend the longstanding balance of power in Washington,