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.
Inside the WWE-style screaming match between Elon Musk and Scott Bessent outside Oval Office
Doge leader Elon Musk and Treasury Secretary Scott Bessent engaged in a loud verbal altercation outside the Oval Office over ...
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 ...
Scott Bessent says the World Bank and IMF need a total overhaul: ‘Mission creep has knocked these institutions off course’
Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said the two agencies ...
US, China tariffs both need to fall for trade talks to start, Bessent says
U.S. Treasury Secretary Scott Bessent said on Wednesday that he believes that excessively high tariffs between the U.S. and ...
Treasury Secretary Scott Bessent rips IMF over woke ‘mission creep’
It devotes disproportionate time and resources to work on climate change, gender, and social issues,” Bessent said.
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 ...
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 ...