As President Donald Trump conducted an impromptu news conference in Doha, Qatar, this month, surrounded by business leaders and top advisers, he made a point of singling out one person in particular.

United States (US) Secretary of the Treasury Scott Bessent stated the Trump administration's intention to "stabilize" the US's debt-to-Gross Domestic Product (GDP) ratio by 2028, and insisted that trade agreements will be announced in the weeks ahead.

The push to eliminate penny production has received support from lawmakers on both sides of the political aisle.

Treasury Secretary Scott Bessent downplayed the U.S. credit downgrade as a "lagging indicator" of economic and fiscal conditions, after Moody's took the U.S. off its top tier.

US Treasury Secretary Scott Bessent dismissed Moody's downgrade of the United States’ sovereign credit rating. The ratings firm expects the US to add $4 trillion to the federal primary deficit in the next 10 years.

Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before, when Trump told the company on Truth Social that they should "' EAT THE TARIFFS ," and not charge valued customers "ANYTHING."

The bill—now headed to the Senate—proposes cutting upward of $880 billion from Medicaid in order to make a multitrillion-dollar tax cut extension for multimillionaires and corporations more palatable to the American public. Trump’s bill is estimated to add somewhere between $3.8 trillion and $5.3 trillion to the national debt.

Treasury Secretary Scott Bessent said Qatar giving Donald Trump a jumbo jet is similar to France giving the U.S. the Statue of Liberty. It is not.

Treasury Secretary Scott Bessent defended the Trump administration’s decision to accept a $400 million luxury jet from Qatar, comparing it to the French gift of the Statue of Liberty, while

Fox News Digital asked Republican senators on Capitol Hill to respond to the approximately 500,000 untraceable payments made by the Treasury Department each year.