News

Treasury Secretary Scott Bessent fails to divest his financial holdings and hit with watchdog warning

Trump’s Treasury Secretary Scott Bessent has failed to divest his financial holdings, the government’s ethics watchdog has ...

Bessent Has Yet to Fully Divest Assets, Raising Concern at Ethics Agency

The Treasury secretary has been slow to shed assets, including farmland, posing potential conflicts of interest.

Treasury Secretary Bessent wants the Fed to lower its lending rate

The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...

US Treasury Secretary Scott Bessent calls for Fed to undertake a ‘series’ of interest rate cuts by 150-175 bps

US Treasury Secretary Scott Bessent stated that interest rates are too high and should be lowered by 150-175 basis points. He ...
Decrypt19h

Bessent Backtracks on Bitcoin: Treasury Committed to 'Budget-Neutral' BTC Buys

After disappointing Bitcoin fans with earlier comments, Treasury Secretary Scott Bessent said the U.S. may buy BTC for its ...

Bessent says U.S. aims to wrap up trade talks by late October: Nikkei

The United States plans to finalize negotiations with countries still without trade agreements by the end of October, ...
Opinion

Scott Bessent’s sudden visit to IRS office — with whistleblowers — sends strong message just days after sixth commish was ousted

IRS acting commissioner Scott Bessent spent 45 minutes in the building to reassure the troops that he is hands-on and taking charge of the organization after a period of uncertainty — six days ...

Treasury Secretary Admits Trump’s Tariffs Are Paid by Americans

Treasury Secretary Scott Bessent acknowledged that U.S. importers, or American consumers, pay for Donald Trump's tariffs.

Trump removes IRS boss, Treasury Secretary Bessent takes over for now

Billy Long, who was sworn in just under two months ago, was already the sixth person to hold the job this year. He told NBC ...