News

Treasury chief Bessent’s briefing to private bank event draws scrutiny
Experts say Bessent didn’t violate any rules and that the customs and conventions around such private talks are murky.
Elon Musk and Scott Bessent had a ‘very loud’ shouting match in the West Wing: ‘two billionaire, middle-aged men thinking it was WWE’
The argument blew up during a meeting between the two wealthy Trump officials in the West Wing, at which point “F bombs ...
Bessent says IMF and World Bank need reform and there’s an ‘opportunity for a big deal’ with China
Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...
Bessent tells investors Trump tax cuts could be passed by July 4
Treasury Secretary Scott Bessent said Tuesday that President Trump’s tax cut extension could be approved by July 4. His ...
Bessent Sees US, Korea Trade ‘Understanding’ by Next Week
The US and South Korea could reach an “agreement of understanding” on trade as soon as next week, Treasury Secretary Scott ...
Treasury Secretary Scott Bessent says China has ‘opportunity for a big deal’ with US as trade war appears to cool
Speaking in the Oval Office after a brief swearing-in ceremony for Securities and Exchange Commission Chair Paul Atkins ...
Stock Futures Fall After Bessent Dents U.S.-China Trade Hopes
Stock futures were pointing to losses on Thursday, with investors still trying to make sense of the U.S.-China trade war ...
Kato Says Currency Targets Were Not Discussed in Bessent Talks
Japanese Finance Minister Katsunobu Kato said that specific foreign-exchange targets didn’t at all come up in his talks ...