Handle assembly and a faucet with the same

A handle assembly, comprising:

• a handle comprising a handle rod;
• a handle housing comprising an inner cavity and a through-hole, wherein the through-hole is defined by an inner wall which is formed as an extension of the handle housing towards the inner cavity from its one end, the through-hole is configured to be tapered at a transition position where the inner wall connects the handle housing and the handle rod is rotatably fitted into the through-hole;
• a first wear-resistant member which is elastic and received in an accommodating area formed by a transition part of the through-hole and the handle rod;
• a second wear-resistant member which is engaged to the handle rod, resting against the inner wall so that the handle rod and the handle housing are terminated on a same plane limited by the second wear-resistant member after placing the handle rod in the handle housing;
• and
• a fastener engaged with the handle rod, wherein the second wear-resistant member rests against the inner wall of the handle housing by the fastener, and the second wear-resistant member is to separate the fastener from lower end surfaces of the handle housing, and the handle rod is located in the inner cavity when the handle rod rotates with respect to the handle housing.