Keyword "Scott Bessent" - List of latest news (176 results)

13:57 5 things to know before the stock market opens Wednesday

Here are the most important news items that investors need to start their trading day.

10:47 10-year treasury yield dips after Trump backtracks plans to axe Fed chief

The 10-year Treasury declined on Wednesday after U.S. President Donald Trump backtracked comments he made about firing Federal Reserve Chairman Jerome Powell.

08:30 CNBC Daily Open: Trump, Bessent and Musk give markets the reassurance they need

Markets are open-minded, and often react almost instantaneously to any positive changes.

07:08 ‘Most expensive in world history’: CBA stuns

While the world writhes in economic turmoil not seen in years due to Donald Trump’s protectionist agenda, something unusual is happening here in Australia.

07:01 Trump admits China’s tariffs will drop ‘but it won’t be zero’

Trump admits China’s tariffs will drop ‘but it won’t be zero’ - Trump’s massive import taxes have roiled stock markets since he announced them on April 1

06:02 CNBC's The China Connection newsletter: U.S. regulatory scrutiny fans Chinese stock delisting fears

A comment from U.S. Treasury Secretary Scott Bessent has reignited fears on Wall Street about a forced delisting of Chinese stocks from U.S. exchanges.

01:52 Trump Treasury Sanctions Iranian Petroleum Magnate

Treasury Secretary Scott Bessent announced the Department sanctioned Seyed Asadoollah Emamjomeh and his corporate network.

21:59 Auto groups lobby Trump administration against parts tariffs in rare unified message

The group – representing franchised dealers, suppliers and nearly all major automakers – say the upcoming levies could jeopardize U.S. automotive production.

20:19 US Treasury secretary says trade war with China is not 'sustainable'

U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown with China is unsustainable and expects a “de-escalation” in the trade war between the world’s two largest economies.

19:17 Bessent says he expects 'de-escalation' in U.S.-China tariff fight in the 'very near future'

Stocks, already recovering from the prior day's sell off, soared higher on news of the remarks from Trump Treasury Secretary Scott Bessent.

21/04 CNBC Daily Open: Trump’s threat to intervene in Fed could cause upheaval

An administration that aims to please the populace might cut rates despite high inflation, leading to more economic difficulties.

19/04 Acting IRS Commissioner Replaced Days After Appointment

The acting commissioner of the IRS was replaced amid reports of a clash between Elon Musk and Treasury Secretary Scott Bessent.

18/04 Ukraine says it has signed the outline of a minerals deal with the U.S.

Ukraine said Thursday that it had signed the basis of a minerals deal with the U.S., although the details of the agreement are yet to be announced.

17/04 Trump claims ‘big progress’ in tariff talks with Japan after surprise appearance at negotiations

Trump claims ‘big progress’ in tariff talks with Japan after surprise appearance at negotiations - Japan’s PM says there are still gaps between the two countries’ stances

17/04 Trump’s drive to lock in trade wins and end the maddening mixed messages

President Donald Trump’s decision to sit in on Wednesday’s trade talks with Japanese envoy Ryosei Akazawa sends a clear and excellent message: The prez wants this deal done fast, with more trade ag…

16/04 US imposes sanctions on a Chinese refinery accused of buying Iranian oil

The Treasury Department has imposed sanctions on a Chinese oil refinery that's accused of purchasing more than $1 billion worth of Iranian oil.

16/04 Ayatollah Khamenei, Who Dismissed Iran-U.S. Talks as 'Dishonorable,' Claims First Round Went 'Well'

Iranian "Supreme Leader" Ayatollah Ali Khamenei said talks with the Trump administration were "implemented well."

16/04 JPMorgan CEO Jamie Dimon warns US could lose credibility over Trump trade war

JPMorgan CEO Jamie Dimon warns US could lose credibility over Trump trade war - JPMorgan CEO says no country has ‘divine right to success’ in latest caution to president

16/04 CNBC Daily Open: Turbulence in economy forces United Airlines to offer 2 earnings forecasts

The U.S. carrier kept its original earnings forecast, provided in January, but issued new figures for a recession scenario.

16/04 Republican senator admits he doesn’t know ‘what’s in Trump’s head’ over tariffs

Republican senator admits he doesn’t know ‘what’s in Trump’s head’ over tariffs - ‘The administration has not given one clear rationale for its tariffs,’ admits Louisiana’s John Kennedy

16/04 Tokyo has 'many cards' to play in U.S. tariff negotiations, says Japanese economic advisor

He pointed out that Japan has been the biggest foreign investor in the U.S. and the largest holder of U.S. Treasury bonds.

16/04 New trade war front: Washington weighs kicking Chinese companies off Wall Street

Such a move could come at a precarious moment. The markets have already been rattled by the trade war, and mass delistings could shock investors even more.

16/04 Javier Milei Welcomes Scott Bessent: 'Argentina Intends to Be a Firm Ally'

President of Argentina, Javier Milei, said on Monday that his country “intends to be a firm ally of the United States."

15/04 What does it mean that Milei ended Argentina's strict controls on currency and capital?

President Javier Milei promised Argentinians that an economic revival would follow the pain of harsh austerity.

14/04 ‘Incoherent’: Trump tariff plan’s fatal flaw

We have observed the unfolding of Donald Trump’s tariff strategy over almost three months now. Long enough, I think, to diagnose the glaring problems at its heart.

11/04 Inside Trump’s Oval Office as he called senators during Fox News breaks and world leaders begged to end his tariff plan

Inside Trump’s Oval Office as he called senators during Fox News breaks and world leaders begged to end his tariff plan - The president said he was acting ‘instinctively’ after announcing the surprise 180 on Wednesday. However multiple sources said that the build up to the decision was drawn out over a number of days

11/04 Fund managers quietly fear Trump doesn’t have a tariff plan and that he ‘might be insane’

Fund managers quietly fear Trump doesn’t have a tariff plan and that he ‘might be insane’ - Some fund managers concerned ‘that the White House is not acting rationally, but rather on ideology. And some even fear that this may not even be ideology’

11/04 The Latest: Supreme Court tells Trump administration to facilitate return of mistakenly deported man

The Supreme Court on Thursday said President Donald Trump’s administration must facilitate the return of Kilmar Abrego Garcia, a Maryland man who was mistakenly deported to El Salvador, rejecting the administration’s emergency appeal. Abrego Garcia is a Salvadoran citizen who had an immigration court order preventing his deportation to his native c...

11/04 Donald Trump’s climbdown will be a turning point in his presidency

Donald Trump’s climbdown will be a turning point in his presidency - THE INDEPENDENT VIEW: Editorial: Market forces have shown that the US president, for all his self-belief, is not invulnerable. The undoing of his foolhardy fiscal strategy is a wake-up call for the American establishment, which needs to recover its nerve and offer some checks and balances of its own

10/04 Trump dodged a disaster from the bond market, but the damage isn’t over yet

The bond market screamed at President Donald Trump this week to change course on his tariff plans

10/04 We Just Saw the Cracks in Trump’s Wall of Power

The past week undermined the narrative that has surrounded the president — that he is a political juggernaut able to run roughshod over his party and beyond.

10/04 Inside Trump’s reversal on tariffs: from ‘be cool!’ to ‘getting yippy’

How the US president rolled back his tariff plan

10/04 CNBC Daily Open: Global markets soar on Trump tariff pause — but pauses are temporary

U.S. President Donald Trump allowed a mere 90-day pause for deals to be made. The 10% tariff is not the permanent rate.

10/04 Fox Business reporter says it’s the ‘White House who capitulated’ on tariffs: ‘Let’s be clear’

Fox Business reporter says it’s the ‘White House who capitulated’ on tariffs: ‘Let’s be clear’ - ‘I want to tell you right now that Donald Trump outsmarted the world,’ Charles Gasparino said. ‘But that's not really what happened here’

10/04 IRS chief resigns after Trump administration strikes deal to share undocumented taxpayer data

IRS chief resigns after Trump administration strikes deal to share undocumented taxpayer data - ‘Backroom deal’ could hand taxpayer data to ICE agents as part of Trump’s deportation blitz

10/04 Even Before Tariff Relief, Global Bond Investors Rallied Behind Trump's Trade Push

Although President Trump's announcement that some of the tariffs would be paused for 90 days got all the attention, the real fireworks began several minutes earlier, when the U.S. Treasury held its much-anticipated 10-year bond auction. | Economy

10/04 Japan's benchmark Nikkei 225 shoots up in early trading, gaining more than 2,000 points

Japan’s benchmark Nikkei 225 has shot up in early trading, gaining more than 2,000 points, as investors welcomed President Donald Trump’s decision to back off on most of his tariffs.

10/04 CNBC Daily Open: Euphoria in markets as Trump pauses tariffs — but pauses are temporary

Remember, Trump allowed a mere 90-day pause to allow for deals to be made. The 10% tariff is not the permanent rate.

10/04 Trump’s huge tax move would change everything

An ambitious Donald Trump proposal to abolish income tax for millions of Americans could see the President secure an unconstitutional third term, a venture capitalist has claimed.

09/04 US tariffs: Why Trump U-turned on his bombastic tariffs for most of the world

President’s astonishing U-turn came after bond market gave biggest financial warning light you can get

09/04 Treasury Secretary Scott Bessent: Community Bankers Will Help Lead Main Street Revival Under Trump

Treasury Secretary Scott Bessent said that community bankers will play a pivotal role in revitalizing Main Street under Trump.

09/04 Trump temporarily drops tariffs to 10% for most countries, hits China harder with 125%

Trump in a social media post also said that he "substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately. "

09/04 Bessent: Chinese Tariff Escalation a 'Loser for Them' %

Wednesday on FBN's "Mornings with Maria," Treasury Secretary Scott Bessent argued efforts to counter U.S. tariffs with further retaliatory tariffs were a "loser" for China. | Clips

09/04 Treasury Dept: Fentanyl is a Billion-Dollar Enterprise for Mexican Drug Cartels

Trafficking fentanyl into the United States Is a billion-dollar enterprise for the Mexican drug cartels, the Treasury Department reported.

09/04 CNBC Daily Open: The humongous 104% tariff on China is live — even Musk seems perturbed

Despite growing consternation and concern expressed by economists and CEOs, Trump administration officials have been stubborn in defending its trade policies.

09/04 CNBC Daily Open: Musk slams Navarro as Trump's 104% tariffs on China are set to take effect

Despite growing consternation and concern expressed by economists and CEOs, Trump administration officials have been stubborn in defending its trade policies.

08/04 Bessent: China Escalation 'Big Mistake,' Playing a 'Losing Hand'

Treasury Secretary Scott Bessent said Tuesday on CNBC's "Squawk Box" that China's escalation of tariffs is a "big mistake" because it is playing a "losing hand." | Clips

08/04 5 things to know before the stock market opens Tuesday

Here are the most important news items that investors need to start their trading day.

08/04 CNBC Daily Open: The Trump administration wants more than 0% tariffs

The Trump administration refused to return the favor when Vietnam and the European Union offered to remove tariffs on U.S. imports.

08/04 CNBC Daily Open: Trump rejects offers to tear down tariffs, threatens more on China

The Trump administration refused to return the favor when Vietnam and the European Union offered to remove tariffs on U.S. imports.

08/04 Trump: 'Virtually Every Country Wants to Negotiate' as Tariffs Loom

President Donald Trump said, "virtually every country wants to negotiate," as worldwide reciprocal tariffs are set to take effect Wednesday.

07/04 Trump's Reciprocal Tariffs Prompt Japan Trade Negotiations with U.S.

President Donald Trump's reciprocal tariffs have helped open trade negotiations between the United States and Japan.

07/04 2-year Treasury drops to lowest level in years as investors digest impacts of tariffs

U.S. Treasury yields plunged further on Monday as investors digested the fallout from U.S. President Donald Trump's "reciprocal tariffs."

07/04 Real reason for US stock market collapse

I love the smell of a market crash in the morning.

07/04 CNBC Daily Open: Trump tariffs spark trade war, decimating stocks

Markets largely fell all around the world after the announcements, and the sell-off has extended into Monday.

06/04 Commerce Secretary Lutnick doesn't back down in face of market sell-off: 'The tariffs are coming'

Commerce Secretary Howard Lutnick said the Trump administration remains committed to implementing its reciprocal tariffs amid a global market sell-off.

06/04 Treasury Secretary Bessent: 'No Reason' for Markets to Price in Recession

Treasury Secretary Scott Bessent said Sunday on NBC's "Meet the Press" that there was "no reason" for markets to be concerned a recession is coming. | Clips

03/04 Mag 7 relinquishes more than $800 billion as tech drives stock market nosedive

Last year's high-flyers helped lead the broad market lower.

03/04 ‘Fight back’: Radical plan to take down Trump

COMMENT

03/04 CNBC Daily Open: Trump’s merciless tariffs could reshape the global economy and markets

To call Trump’s tariff plan a seismic shift in the economic and financial world order might be an understatement.

03/04 CNBC Daily Open: Trump shows no mercy with his tariffs — and stocks suffer

To call Trump’s tariff plan a seismic shift in the economic and financial world order might be an understatement.

03/04 Bessent on Israel Being on Tariff List Despite Axing Theirs: There Are Non-Tariff Barriers 

On Wednesday's broadcast of the Fox News Channel's "Special Report," Treasury Secretary Scott Bessent responded to a question on why Australia and Israel | Clips

03/04 Bessent: Tariffs Will Raise Revenue to Extent They're Higher, 'We'll See' If There Are Negotiations

During an interview with Bloomberg on Tuesday, Treasury Secretary Scott Bessent responded to a question on how tariffs can be a revenue raiser and part of | Clips

03/04 Bessent: 'Not Sure' Why Mexico, Canada Weren't On Tariff List, I'm Not in Talks

During an interview with Bloomberg on Wednesday, Treasury Secretary Scott Bessent said that he wasn't sure why Canada and Mexico were left off of the | Clips

03/04 Treasury Secretary Bessent says market woes are more about tech stock sell-off than Trump's tariffs

"The Nasdaq peaked on DeepSeek day so that's a Mag 7 problem, not a MAGA problem," Bessent said.

02/04 Treasury yields rise as investors await rollout of Trump's tariffs

U.S. Treasury yields inched higher on Wednesday as investors awaited economic data and braced for the rollout of U.S. President Donald Trump's tariffs.

01/04 Bessent: Other Countries Will Have Chance 'To Lower Their Tariffs', Other Barriers

On Monday's broadcast of the Fox News Channel's "Hannity," Treasury Secretary Scott Bessent stated that under President Donald Trump's reciprocal tariff | Clips

01/04 Donald Trump Tackles Ticket Scalping, Event Fees with New Executive Order

The order instructs Bessent and Bondi to ensure that US ticket resellers are fully complying with IRS tax regulations.

31/03 Trump targets ticket scalpers and high live event fees over price-gouging

President Donald Trump is signing an executive order that he says will help curb ticket scalping and bring “commonsense” changes to the way live entertainment events are priced.

31/03 Trump's Treasury Department Sanctions Sinaloa Cartel Money Launderers

President Donald Trump's Treasury Department is issuing sanctions on criminal operations and money launderers working for the Sinaloa Cartel.

31/03 Trump says reciprocal tariffs will 'start with all countries,' rejects narrower launch

Some Trump administration officials have suggested that the reciprocal tariffs would be focused on a handful of countries with large U.S. trade imbalances.

31/03 ‘Mayhem’: $38bn wiped off the ASX

The ASX200 slumped on Monday to the tune of $38bn, as investors fear the worst from the US President Donald Trump’s tariff policy.

29/03 Where Was Each Member of the Signal Group Chat?

Officials were crisscrossing the world as they sent and received sensitive messages on Signal about an imminent U.S. attack on Yemen.

27/03 #RecessionIndicator: Young Americans are losing confidence in the economy — and it shows online

Young people are finding humor in what they see as indicators in everyday life of a forthcoming economic slowdown. "I feel like Chicken Little," one said.

25/03 U.S. Stocks Rally as Trump Considers Tariff Exemptions

"It's reciprocal, but we might be even nicer than that," Trump told reporters on Monday.

22/03 Cliff Taylor: Trump is compiling a ‘dirty 15′ list of trade offenders - and it’s not looking good for Ireland

The State will be central player in the US president’s tariffs forthcoming ‘gameshow’ – and the jeopardy will be real

21/03 DOGE Expert Slams Technology Contractors at IRS Agency

The Internal Revenue Service is spending billions on technology contractors but gets little back, says a technology expert hired by DOG.|

21/03 Golden Age: Bessent Shifts Financial Stability Panel Focus to Growth, Steers Away From Woke Regulation

The Treasury Secretary set a new direction for the Financial Stability Oversight Council, emphasizing growth rather than social and climate change. | Economy

20/03 ‘Deterioration’: Sign America has lost control

ANALYSISAmid a news cycle dominated by US President Donald Trump and the upcoming Australian federal election, one can’t help but be struck by how different the approach of the Trump administration and the Albanese government is to their respective economies.

20/03 Wild Trump plan Australia should copy

ANALYSIS

18/03 Scott Bessent Hires the Hunter Biden IRS Whistleblowers to Senior Roles in Treasury Dept.

Treasury Secretary Scott Bessent on Tuesday said that Internal Revenue Service whistleblowers who spoke out on the Hunter Biden case have been hired as senior advisors for the Treasury Department.

18/03 U.S. Treasury yields lower as investors await key housing data

U.S. Treasury yields were lower Tuesday as investors await data on housing starts and permits, while looking ahead to the key Federal Reserve decision.

17/03 Exclusive: Treasury Secretary Scott Bessent Explains How Trump Will Provide ‘Certainty’ to Economy with Tax Relief, Deregulation

Treasury Secretary Scott Bessent told Breitbart News that Trump intends to bring “certainty” to the economy with tax relief and deregulation.

17/03 10-year Treasury yield slips as investors await retail sales data

U.S. Treasury yields were little changed on Monday as investors awaited retail sales data and looked to a big week ahead.

17/03 CNBC Daily Open: U.S. consumers are feeling bad and expect inflation to spike

The U.S. consumer hasn’t felt so glum about the economy since November 2022, according to a survey by the University of Michigan.

17/03 CNBC Daily Open: U.S. consumers think inflation will shoot up in the year ahead

The U.S. consumer hasn’t felt so glum about the economy since November 2022, according to a survey by the University of Michigan.

16/03 Exclusive: Treasury Secretary Scott Bessent Details Trump’s Tariff Plans

Scott Bessent explained in great detail in an exclusive interview with Breitbart News last week President Donald Trump’s vision for tariffs.

15/03 Here are the most oversold stocks due for a trader’s bounce following the market rout

The market just saw its fourth straight down week, but some stocks are so washed out they may be due for a rebound.

14/03 5 things to know before the stock market opens Friday

Here are five key things investors need to know to start the trading day.

14/03 Exclusive — Secretary Bessent on ‘Reprivatization’ of Economy: ‘We Are Laser-Focused on Getting this Deficit Under Control’

Treasury Secretary Scott Bessent told Breitbart News that President Donald Trump’s administration is "laser-focused" on cutting the deficit.

14/03 Exclusive- Treasury Sec. Scott Bessent: ‘All Hands on Deck’ from ‘All Areas of Government’ in Trump Admin to ‘Bring Down Inflation,’ ‘Help Affordability’

Treasury Sec. Scott Bessent said Trump’s administration is employing a whole-of-government approach to undoing the damage to the economy.

13/03 Trump's Treasury chief on 200% EU tariff threat: 'Not sure why that's a big deal' for markets

Treasury Secretary Bessent did not answer when CNBC asked if Trump's announcement was "premeditated," or whether the Cabinet secretary knew about it in advance.

11/03 All the president’s men: who might be in the Oval Office to meet the Taoiseach and what to watch

Trump surrounds himself with people who express strong opinions on trade deficits and Ireland’s economy

11/03 2-year treasury yield retreats to lowest level since October amid recession fears

U.S. Treasury yields moved lower on Tuesday as investors worried about a potential recession and awaited the latest jobs data.

10/03 Breitbart Business Digest: How Trade Deficits Lead to Bigger Government

Rather than reversing the U.S. trade deficit, D.C. policymakers have allowed it to expand while simultaneously increasing the role of government to compensate for the damage it causes.

10/03 US share market bloodbath as Trump recession fears grow

US stocks plummeted sharply again on Monday as investors panicked over tariff fears and Donald Trump refused to rule out a recession.

10/03 Big downside for bank stocks if this 'detox' period turns into recession, says Bank of America

Based on the re-rating seen during the Covid-19 pandemic, the average bank stock covered by the firm could plunge 48%.

10/03 CNBC Daily Open: The impact of Trump policies will affect Fed’s interest rate moves

U.S. President Donald Trump's policies to reshape the U.S. and its economy are so drastic that the Federal Reserve is taking note.

10/03 CNBC Daily Open: The effect of Trump policies will sway Fed’s interest rate moves

U.S. President Donald Trump's policies to reshape the U.S. and its economy are so drastic that the Federal Reserve is taking note.

07/03 Treasury Secretary Scott Bessent: Justin Trudeau Is a 'Numbskull'

Secretary of the Treasury Scott Bessent called Canadian Prime Minister Justin Trudeau a "numbskull" on Thursday, in response to Trudeau declaring Canada will continue a "trade war" with United States.

07/03 Trump’s Treasury Secretary claims cheap goods are ‘not the essence of the American Dream’

Trump’s Treasury Secretary claims cheap goods are ‘not the essence of the American Dream’ - ‘The American Dream is rooted in the concept that any citizen can achieve prosperity,’ Treasury Secretary Scott Bessent said

07/03 CNBC Daily Open: Trump paused tariffs for some imports — but Nasdaq enters correction territory

The Trump administration seems to be doubling down on tariffs, even as it acknowledges — and dismisses — the repercussions of such levies.

07/03 Breitbart Business Digest: Bessent Lays Out Trump's America First Economic Vision

Speaking today before the Economic Club of New York, Treasury Secretary Scott Bessent laid out the intellectual foundation of Trump’s economic vision, describing a comprehensive strategy designed to restore American prosperity and reclaim economic sovereignty.

07/03 CNBC Daily Open: Trump paused tariffs for some imports — but Nasdaq falls into correction territory

The Trump administration seems to be doubling down on tariffs, even as it acknowledges — and dismisses — the repercussions of such levies.

06/03 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 Islamic Republic.

04/03 Stagflation fears rise as Trump tariffs take effect, economy slows

That dual threat of higher prices and slower growth is causing angst, including among investors who have been dumping stocks and scooping up bonds.

03/03 Scott Bessent Delivers Small Business Relief with CTA Suspension

Treasury Secretary Scott Bessent announced that he will not enforce any fines or penalties associated with the Corporate Transparency Act.

03/03 5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day.

03/03 Zelensky Shuts Down Calls For Immediate Ceasefire in War with Russia

Zelensky rejected the prospect of agreeing to an immediate ceasefire with Russia despite his country being on the back foot in the war.

01/03 Bessent: Zelensky Turned Down Two Earlier Opportunities to Sign Minerals Deal with U.S.; Dust-Up with Trump Was Third Chance

Friday, during an appearance on FNC's "The Ingraham Angle," Treasury Secretary Scott Bessent revealed Ukrainian President Volodymyr Zelensky had turned down two earlier opportunities to sign a proposed minerals deal with the United States. |

01/03 Treasury chief urges Canada, Mexico to match US tariffs on China as deadline looms

01/03 Breitbart Business Digest: Markets Rally as Trump Stands Firm, Zelensky Falters, and ‘Fortress North America’ Takes Shape

Wall Street ended the week on a high note, shaking off geopolitical tensions after President Donald Trump’s tense White House showdown with Ukrainian President Volodymyr Zelensky.

28/02 Bessent Calls Zelensky’s White House Outburst 'One of The Greatest Diplomatic Own Goals in History'

“It’s very difficult to do an economic deal with a leader who doesn’t want to do a peace deal,” Bessent said in an interview after Zelensky's outburst brought a White House meeting to an abrupt halt. | Economy

28/02 Treasury Secretary on USA-Ukraine Minerals Deal: ‘The Deal Is Done'

U.S. Treasury Secretary Scott Bessent announced on Thursday that the United States and Ukraine have struck a deal on strategic minerals.

26/02 WATCH: Trump's First Cabinet Meeting Begins with Prayer

President Donald Trump's first official White House cabinet meeting began with a prayer after he delivered brief remarks about his cabinet's performance.

24/02 Ukraine Says Rare Earths Deal with Trump in 'Final Stages'

Ukraine confirmed it is in the "final stages" of an agreement on selling rare earth minerals to America.

24/02 US imposes more sanctions on Iranian oil trade after Trump calls to drive exports 'to zero'

The U.S. on Monday imposed sanctions on dozens of people and oil tankers across China, the United Arab Emirates, India and other jurisdictions for allegedly helping to finance Iran and its support for militant groups that launch attacks against the U.S. and its allies.

22/02 Zelensky caves to Donald Trump

Ukrainian President Volodymyr Zelensky appears to have caved to Donald Trump, with reports indicating his country will soon sign over its most valuable mineral rights to the United States as a payment, of sorts, for help in the war against Russia.

21/02 US offers Ukraine ‘improved’ rare earth minerals deal as Trump adviser urges Zelensky to come back to table

The “improved” draft deal comes after President Trump and Zelensky spent the week trading barbs.

20/02 Waltz: Zelensky 'Needs to Come Back to the Table' on Mineral Negotiations

Mike Waltz said Zelensky must return to the negotiating table regarding a rare earth minerals deal.

20/02 Bessent: Everything President Donald Trump Is Doing Is 'Disinflationary'

Treasury Secretary Scott Bessent said Thursday on Bloomberg Television's "Bloomberg Surveillance" that everything President Donald Trump was doing is "disinflationary." | Clips

20/02 The US Finance Minister praised Hungary for two things. One is inflation

Scott Bessent did not promise Peter Szijjártó to re -establish the tax agreement or to sanction Antal Rogán. He praised Hungary for podium inflation and pressed car and battery investments.

20/02 IRS plans to lay off 7,000 probationary workers beginning Thursday, AP source says

The IRS plans to lay off roughly 7,000 workers in Washington and around the country beginning Thursday.

19/02 Bessent: Tariffs 'Could Bring' Substantial Revenue, But We Use Them for Other Purposes As Well

On Tuesday's broadcast of the Fox News Channel's "Special Report," Treasury Secretary Scott Bessent said that "the tariffs could bring in a substantial | Clips

16/02 ‘We will not accept any agreement that is adopted without us’: Ukraine resolute as US and Russia seek to end war without its say

European leaders to hold an emergency summit on Ukraine on Monday in Paris

14/02 Bessent: We'll Put Our Tariffs to Zero with a Country That Does Likewise

On Thursday's broadcast of the Fox News Channel's "Ingraham Angle," Treasury Secretary Scott Bessent discussed President Donald Trump's reciprocal tariff | Clips

14/02 Bessent: Any Price Increase from Tariffs Would Be 'Slight,' 'Transitory,' May Not Happen and Inflation Will Fall Overall

On Thursday's broadcast of the Fox News Channel's "Ingraham Angle," Treasury Secretary Scott Bessent stated that he isn't sure tariffs will cause prices | Clips

14/02 Ukrainian President Zelensky Welcomes Treasury Secretary Scott Bessent for Rare Earth Talks

Treasury Secretary Scott Bessent met Ukrainian President Volodymyr Zelensky to discuss a minerals deal and Ukraine war funding.

13/02 The left is faking another Trump ‘crisis’ — but Vance gets the Constitution right

JD Vance’s statement was correct — and should not be controversial: a district court order barring Trump’s oversight of the Treasury is ridiculous on its face, and violates the Constitution.…

12/02 Trump to Send Treasury Secretary Scott Bessent to Meet with Zelensky

President Donald Trump said Treasury Secretary Scott Bessent will go to Ukraine to meet with Ukrainian President Volodymyr Zelensky.

11/02 Trump says Treasury Secretary Bessent is going to Ukraine as U.S. has 'little to show' for aid sent

Trump's post suggested the two leaders could discuss pathways to ending the conflict.

11/02 Trump to send Treasury Secretary Bessent to Ukraine to meet Zelensky amid critical mineral talks

Ukraine is one of Europe’s largest supplier of rare-earth minerals, with rich deposits of metals including lithium, titanium, uranium and iron.

10/02 Trump, Musk actions put America at risk of 'a form of default,' former Treasury chiefs warn

Elon Musk and his DOGE team are tasked by President Donald Trump to find government spending inefficiency and cut federal spending.

10/02 12 Most Valuable Pennies in Circulation as Trump Stops Production

Trump's halt on "wasteful" penny production penny production could cause the value of the rarest one-cent coins to surge.

10/02 Trump Directs Treasury Department to 'Stop Producing New Pennies'

President Donald Trump announced he had instructed Treasury Secretary Scott Bessent to have the Treasury Department stop making new pennies.

08/02 ‘Irreparable harm’: Judge blocks Elon Musk’s DOGE from Treasury data

Elon Musk has hit a major roadblock in his controversial mission to dismantle US government agencies and scrutinise federal spending via his Department of Government Efficiency (DOGE).

07/02 Breitbart Business Digest: Scott Bessent Explains Trump's Interest Rate Policy

We got some powerful support this week for our argument that President Trump is not demanding that the Federal Reserve cut interest rates.

06/02 Staffer at Musk's DOGE resigns after racist social media posts exposed

Elon Musk is running DOGE, or the Department of Government Efficiency, for President Donald Trump, in an effort to slash government spending and staff.

06/02 US sanctions network that helps ship Iranian oil to China

The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating the shipment of millions of barrels of Iranian oil to China.

05/02 Rep. McIver on Opposing Trump: 'Shut Down the City,' 'We Are at War'

Rep. LaMonica McIver (D-NJ) went full Trump Derangement Syndrome this week, calling on Democrats to "shut down the city."

04/02 Elizabeth Warren’s ‘consumer watchdog’ hounded legit businesses — time to shut it down

Under Barack Obama and Joe Biden, the CFPB was closer to a progressive vigilante shakedown shop than a government regulator. Donald Trump should shut it for good. 

04/02 Trump: Rubio, Bessent, Lutnick to Lead 'Big Negotiation with Mexico' During Tariff Pause

President Donald Trump announced on Monday that Marco Rubio, Scott Bessent, and Howard Lutnick will lead negotiations with Mexico.  

03/02 Trump Signs Executive Order to Create U.S. Sovereign Wealth Fund

President Donald Trump is directing his Treasury and Commerce secretaries to begin the process of establishing a U.S. sovereign wealth fund.

03/02 Trump names Treasury Secretary Scott Bessent acting head of CFPB after firing Chopra

Bessent, a former hedge fund manager, was confirmed as head of the U.S. Treasury last week.

02/02 Elon Musk's DOGE commission gains access to sensitive Treasury payment systems: AP sources

The Department of Government Efficiency, run by President Donald Trump’s billionaire adviser and Tesla CEO Elon Musk, has gained access to sensitive Treasury data including Social Security and Medicare customer payment systems.

31/01 Musk pushes out top Treasury official over effort to access US government payment system: report

Musk reportedly sought to access the system responsible for paying Social Security benefits and federal contracts

29/01 Apple emerges as come-from-behind winner in DeepSeek chaos

US markets have been roiled this week by the release of DeepSeek, a low-cost Chinese artificial intelligence chatbot that threatens the dominance of Silicon Valley tech firms — but one company has emerged as the surprise winner.

29/01 Man Allegedly Plotting to Kill Mike Johnson, Scott Bessent, Arrested at U.S. Capitol

A man was arrested at the U.S. Capitol Building after he revealed that he had intended to kill House Speaker Mike Johnson, and Scott Bessent.

28/01 Man arrested near US Capitol intended to kill prominent Republicans, prosecutors allege

The man, named as Ryan English in the court documents, turned himself in to police near an entrance to the Capitol

28/01 Man arrested with Molotov cocktails aimed to kill Treasury secretary at Capitol, police say

The nomination of Scott Bessent as Treasury secretary by President Donald Trump was confirmed Monday by the Senate.

28/01 Senate Confirms Trump Nominee Scott Bessent for Treasury Secretary

The Senate voted to confirm Scott Bessent, the CEO of Key Square Capital Management, to serve as the next Treasury Secretary. 

24/01 Trump Executive Order Calls to Promote U.S. Leadership in Crypto, Evaluate Potential National Crypto 'Stockpile'

President Donald Trump on Thursday issued an executive order calling to maintain American leadership in cryptocurrencies.

23/01 Barrasso on Dems Stalling Nominees: Americans Want Them Confirmed

Senate Majority Whip John Barrasso (R-WY) said Democrats should stop resisting efforts to confirm President Donald Trump's nominees.

21/01 Treasury nominee Scott Bessent clears key Senate hurdle on way to likely confirmation

Treasury Secretary designee Scott Bessent’s nomination advanced past a key Senate committee Tuesday, teeing up his likely confirmation with a full floor vote in the coming days.

17/01 IRS' free Direct File program expands to 25 states — but still faces Republican scrutiny

Direct File, the IRS’ free tax filing program, has expanded to 25 states for 2025. But the program's future remains uncertain amid Republican scrutiny.

17/01 5 things to know before the stock market opens Friday

Here are the most important news items that investors need to start their trading day.

16/01 Trump Treasury Pick Disputes Dem Argument U.S. Is in Clean Energy 'Arms Race'

Treasury Secretary nominee Scott Bessent disputed Sen. Ron Wyden's argument that America is in a clean energy "arms race" with China.

16/01 Treasury Nominee Bessent Defends Tariffs, Nuclear Energy in Hearing

Treasury nominee Scott Bessent opened his confirmation hearing before the Senate Finance Committee with powerful attacks on the radical left.

16/01 Trump's nominee for US Treasury promised to fight inflation and toughen sanctions on Russia

Scott Bessent presented his key objectives in the Senate, including economic goals and a more aggressive foreign policy

16/01 Bessent Warns That Failure To Preserve Trump Tax Cuts Would Bring Economy To A 'Sudden Stop'

"This is the single most important issue of the day," Bessent said. | Economy

16/01 Bessent To Call For Tax Relief For Manufacturers, Service Workers, And Seniors

"Trump was the first president in modern times to recognize the need to change our trade policy and stand up for American workers," Besset will say. | Economy

10/01 The Trump company is not banning private foreign deals, a break with its first term policy

The Trump family business has agreed to a voluntary ethics agreement that would ban it from striking direct deals with foreign governments after inauguration, but would give it a free hand to pursue ventures with private foreign companies.

23/12 A fiscal fight is brewing in the court of Donald Trump

America’s debt pile and the case for tax cuts will be flashpoints inside the new administration

19/12 How Trump could spare Biden's renewable energy credits and still cripple his landmark climate bill

Trump's nominees could hold considerable power over the interpretation and implementation of the IRA's programs and tax incentives.

10/12 Fed Chair Jerome Powell can serve remainder of term, says Trump’s Treasury pick Bessent

Trump's pick for Treasury secretary said Powell could serve out his term.

27/11 Trump’s Treasury pick and former Soros money manager Scott Bessent’s hedge fund reaped windfall during 2022 downturn

President-elect Donald Trump’s pick for Treasury Secretary operates a hedge fund that reaped a massive windfall two years ago — even as global markets sagged.

26/11 Exclusive — Crescent Dunes: Biden DOJ Moved on Election Night to Cover Up Alleged Solar Energy Scandal that Cost Taxpayers Hundreds of Millions

Joe Biden’s Justice Department moved on election night to essentially ensure the cover-up of a potentially massive green energy scandal.

26/11 World gold price decreased by nearly 100 USD

Precious metal prices lost 3% after news that Israel-Hezbollah is close to reaching a ceasefire agreement and Trump has a safe choice for the position of US Treasury Secretary.

26/11 Trump hit a home run for American workers in picking Scott Bessent for Treasury

It seems the markets liked President-elect Donald Trump’s pick of Scott Bessent as Treasury secretary: The Dow jumped nearly 400 points Monday morning and was up 0.9% by the afternoon.

25/11 MSNBC's Capehart: 'Conflicted’ over Trump Nominee Being Highest-Ranking LGBT Cabinet Member

MSNBC anchor Jonathan Capehart said on this week's broadcast of "The Sunday Show" that he was "conflicted" over President-elect Donald Trump's new Treasury Secretary nominee, Scott Bessent, a hedge fund manager because he would be the highest-ranking openly gay government official. | Clips

25/11 Bessent Bounce: Stocks and Bonds Rally On Trump's Treasury Pick

U.S. stocks and bonds climbed Monday as investors welcomed President-elect Donald Trump’s choice for Treasury secretary. | Economy

23/11 Mr. Trump chose billionaire investor to be finance minister - VnExpress Newspaper

Mr. Trump nominated investor Scott Bessent to be US finance minister, after receiving a lot of economic advice from the billionaire.

23/11 Trump has decided on the candidate for the Minister of Finance

Scott Bessent is expected to introduce an aggressive customs regime designed to shake up global trade while keeping financial markets calm amid the crisis.

23/11 Donald Trump Nominates Investor Scott Bessent for Treasury Secretary

President-elect Donald Trump announced his nomination of Scott Bessent, a prominent investor and CEO of Key Square Capital Management, for Treasury Secretary.

23/11 Donald Trump nominated investor Scott Bessent as Treasury secretary

The president-elect of the United States chose the fund manager who was the manager of the fortune of George Soros, whom he has described in the past as one of the brightest minds on Wall Street

22/11 Trump taps Scott Bessent for U.S. Treasury

Bessent has advocated for tax reform and deregulation, particularly to spur more bank lending and energy production.