News

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 ...
EU's Dombrovskis says he held 'cordial and candid' meeting with Scott Bessent
The European Union's economy commissioner Valdis Dombrovskis said on Friday he had held a 'cordial and candid' meeting with ...
Treasury chief Scott Bessent says U.S. has an "an opportunity for a big deal" with China
Treasury Secretary Scott Bessent on Wednesday said he believes the Trump administration could strike a deal with China.
Sen. Warren Asks Bessent for Details of Investor Meeting
Sen. Elizabeth Warren (D., Mass) asked Treasury Secretary Scott Bessent to disclose details of a closed-door investor meeting ...
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 ...
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 ...
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 ...
Scott Bessent says China must move away from export overcapacity and American overreliance: ‘Everyone knows it needs to change’
Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said, “America first ...