United States Treasury Secretary Scott Bessent met with Saudi Arabia's Finance Minister Mohammed bin Abdullah al-Jadaan on Monday to discuss economic and security matters, according to a Treasury Department readout.Bessent emphasized the Trump administration's "restoration of the...
United States Treasury Secretary Scott Bessent said on Friday that the administration of President Donald Trump intends to use stablecoins to keep the dollar the "dominant reserve currency in the world."Speaking at The White House Digital Assets Summit, Bessent also reiterated that the...
United States Treasury Secretary Scott Bessent (pictured) pointed out on Friday during an interview with CNBC that the US should take the lead in cryptocurrency matters."I am a big proponent of the US taking the worldwide lead in crypto. I think we need to bring it onshore," he stressed. "We'll...
United States Treasury Secretary Scott Bessent took a swipe at Canadian Prime Minister Justin Trudeau regarding the leader's stance in the tariff negotiations.Addressing the attendees at the Economic Club of New York, Bessent stressed that Washington remains open for talks, but not in case the...
United States Treasury Secretary Scott Bessent vowed on Thursday to "shut down" Iran's oil sector and drone "manufacturing capabilities" and also threatened to impose maximum financial pressure on the Middle Eastern country."If I were an Iranian I would get all my money out of the rial now,"...
United States Treasury Secretary Scott Bessent (pictured) said there are no plans to sign a mineral resources agreement with Ukraine, contradicting earlier reports.
Fox News correspondent Jackie Heinrich reported his statement on X, saying that "there is no signing planned."
Heinrich earlier said...
United States Treasury Secretary Scott Bessent told Fox News in an interview on Tuesday that the Trump administration is "set on bringing interest rates down."Talking about tariffs and stock markets, Bessent mentioned that the government is focusing on the medium term. "Wall Street's done great,...
Acting South Korean President Choi Sang-mok had a video call with United States Treasury Secretary Scott Bessent to speak about trade policy, tariffs and investment policy, according to the president's office.Choi spoke about the resilience of his country's economy after President Yoon Suk Yeol...
United States Treasury Secretary Scott Bessent said on Tuesday that the US economy is "brittle underneath" and blamed the situation on former US President Joe Biden's "excessive spending." Bessent said import tariffs are an "essential component" of the Trump administration's economic strategy,...
United States Treasury Secretary Scott Bessent is set to hold weekly discussions at the White House with top congressional Republicans about strategies to advance US President Donald Trump's tax agenda, Politico reported on Monday, citing a person familiar with the private deliberations.According to...
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