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 ...
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.
UK's Reeves talks trade with US's Bessent after stressing EU ties
British finance minister Rachel Reeves met U.S. Treasury Secretary Scott Bessent on Friday to discuss a trade deal, shortly ...
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 ...
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.
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 ...
US Treasury's Bessent encouraged by 'productive' Japan, South Korea trade talks
U.S. Treasury Secretary Scott Bessent was encouraged by "productive" early trade talks with Japan and South Korea this week, ...