Bessent
- Finance
Bessent says ‘many’ allies have asked for currency swaps amid Iran war
Treasury Secretary Scott Bessent revealed on Wednesday that several oil-rich U.S. allies in the Persian Gulf have reached out seeking…
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Fed Chair Jerome Powell, Treasury’s Bessent and top bank CEOs met over Anthropic’s Mythos model
Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent recently held a closed-door meeting with top bank CEOs to…
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Scott Bessent launches crackdown on fraud after Somali scam scandal in Minnesota
Join Uncle Sam in the fight against billion-dollar financial fraud rings. Treasury Secretary Scott Bessent is unveiling a new initiative…
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Bessent says Treasury is not intervening in oil commodities markets and has no authority to do so
On Monday, Treasury Secretary Scott Bessent made it clear that the administration has no intentions of intervening in financial markets,…
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BTC rises to one-week high following Bessent remarks
The recent surge in oil prices has sparked fears about the potential economic impact, leading to concerns about stability and…
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Scott Bessent eyes ‘top cop’ for Treasury to crack down on shady nonprofits
The Treasury Department is seeking a new “top cop” to oversee nonprofits that abuse their charity status to avoid taxes,…
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Bessent says US has strong dollar policy, ‘absolutely not’ intervening to support yen
The United States Treasury Secretary, Scott Bessent, reiterated the country’s strong dollar policy during a recent interview on CNBC. Bessent…
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Bessent touts Trump Accounts as rainy day fund and slams critics as “out of touch”
U.S. Treasury Secretary Scott Bessent recently spoke about the benefits of the Trump administration’s new savings program for U.S. children,…
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Treasury Secretary Scott Bessent continues his attacks on Gavin Newsom
Treasury Secretary Scott Bessent and California Gov. Gavin Newsom engaged in a heated exchange of words at the World Economic…
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Bessent says Trump’s pick for the next Fed chair could happen next week
President Donald Trump is on the brink of selecting the next chair of the Federal Reserve, according to Treasury Secretary…
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