News

‘The best chance we’ve got’: Can Treasury Secretary Scott Bessent save the world from trade Armageddon?
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.
Bessent claims America can ‘retool’ nickel as Treasury pledges to end penny production
The push to eliminate penny production has received support from lawmakers on both sides of the political aisle.
Treasury Secretary Bessent dismisses Moody's US credit downgrade as 'lagging indicator'
Treasury Secretary Scott Bessent downplayed the U.S. credit downgrade as a "lagging indicator" of economic and fiscal ...
US Treasury Secretary Scott Bessent dismisses Moody's govt rating cut: ‘I don't put much credence in…’
US Treasury Secretary Scott Bessent dismissed Moody's downgrade of the United States’ sovereign credit rating. The ratings ...
Trump treasury secretary says Walmart will absorb some tariff costs – but shoppers may still pay more
Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before, when Trump told ...
Bessent defends Trump’s Qatari luxury jet gift: ‘French gave us the Statue of Liberty’
Treasury Secretary Scott Bessent defended the Trump administration’s decision to accept a $400 million luxury jet from Qatar, ...
Scott Bessent Compares Trump’s Qatari Jet Gift to the Statue of Liberty
Treasury Secretary Scott Bessent said Qatar giving Donald Trump a jumbo jet is similar to France giving the U.S. the Statue ...
Japan, US tariff negotiators to hold another round of talks
Japan's chief tariff negotiator, Ryosei Akazawa, will hold another round of talks on Friday with U.S. Treasury Secretary ...