News

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.
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 ...
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 ...
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 ...
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 ...
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.
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 ...
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 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, ...