Scott Bessent said Americans should skip toys for kids’ birthdays and instead invest in Trump’s accounts - A month ago, President Donald Trump also suggested kids didn’t need as many toys

The Treasury Secretary spoke with ABC News Wednesday about several topics.

SARA EISEN: Thank you. Well the Treasury Department is hosting this full day summit here in Washington highlighting the launch of Trump Accounts. This is a federally supported investment initiative for children in the U.S. Treasury Secretary Scott Bessent joins me now to discuss. Thank you for having us here today.

Treasury Secretary Scott Bessent tells CBS News that Federal Reserve officials must be "beyond reproach" in communicating with the public.

U.S. Treasury Secretary Scott Bessent predicted on Tuesday that the American economy is on the verge of a multi-year expansion, driven by what he dubbed President Trump‘s “one big, beautiful bill.” Unleashing A ‘CapEx’ Explosion Speaking to Fox Business,

The US currency rebounded on Wednesday morning after US Treasury secretary Scott Bessent said the Trump administration was still pursuing a “strong dollar policy” and was not seeking to intervene to boost the Japanese yen.

I think that dovetails somewhat—that 38% of American households have no exposure to equities,” the Treasury Secretary told CNBC. Let’s see in 10 years.

U.S. Treasury Secretary Scott Bessent commented on U.S. President Donald Trump and Prime Minister Mark Carney's relationship after Carney's headline-grabbing speech at the World Economic Forum in Davos,

The U.S. dollar index, which tracks the American greenback against a basket of foreign peers, rose 0.4% on Wednesday following Bessent's comments. The index on Tuesday saw its biggest one-day slide since April and fell to its lowest level since 2022.