Treasury Secretary Scott Bessent is pouring cold water on the hot economic numbers of the Biden administration, claiming that growth was ‘brittle underneath’
As proof, Bessent claimed the bulk of the job growth over the past 12 months took place within government and in sectors like ...
Nikkei Asia2h
Current global trade system 'not sustainable' for U.S., Bessent says
NEW YORK -- U.S. Treasury Secretary Scott Bessent criticized the current international trade system on Thursday as "not sustainable" for the U.S., saying President Donald Trump's tariff policies have ...
U.S. will collapse Iran's economy by shutting down its oil industry, Treasury secretary says
Trump has launched a maximum pressure campaign on Iran but has also said he wants to negotiate a nuclear deal with the ...
Far-Right Israeli Minister Visits Washington After Years of Being Shunned
Bezalel Smotrich, the Israeli finance minister, had drawn rebukes from the Biden administration for his opposition to a cease ...
The Print3h
Trudeau says US tariff war to drag on, Bessent calls him a ‘numbskull’
Canada will be in a trade war with the United States for the foreseeable future, Prime Minister Justin Trudeau said on ...
The US is appointing an ‘affordability czar' — here's what that means for you
As the federal government vows to to tackle rising prices, there are key steps consumers can take to bring monthly costs down ...
Treasury ends enforcement of business ownership database meant to stop shell company formation
The U.S. Treasury Department says it will not enforce a Biden-era small business rule intended to curb money laundering and ...
Scott Bessent uncovers how European countries still buy Russian energy
Since the beginning of the war, countries have sanctioned Russia, but Trump implied there is a loophole that allows some countries to benefit their energy industries.
Trump, Musk raise questions, without evidence, about whether nation's gold at Fort Knox has been stolen
President Donald Trump is casting doubt -- without providing evidence -- over whether much of the nation's store of gold ...
Mexico has proposed matching US tariffs on China, Bessent says
U.S. Treasury Secretary Scott Bessent said on Friday that Mexico has proposed matching U.S. tariffs on China in a move that ...
Washington Examiner2d
Scott Bessent uncovers how European countries still buy Russian energy
Treasury Secretary Scott Bessent explained how European countries have paid Russia for its oil and gas. Since the beginning of Russia’s war with Ukraine, countries have sanctioned Russia in ...
CBS News4d
Treasury Secretary says Ukraine economic deal is not on the table after Zelenskyy "chose to blow that up"
Washington — Treasury Secretary Scott Bessent said Sunday that an economic deal with Ukraine is not currently on the table after the contentious Oval Office meeting between President Trump and ...