China will work behind the scenes to reopen Strait of Hormuz, Bessent says
China will use its influence on Iran to help reopen the Strait of Hormuz, U.S. Treasury Secretary Scott Bessent told…
Tag: Bessent
Bessent sees ‘substantial disinflation’ ahead as Warsh takes over the Fed
Even with recent inflation news universally bad, Treasury Secretary Scott Bessent expects price pressures to ease soon, just in time…
Bessent says U.S. leads, safety protocol planned
U.S. Treasury Secretary Scott Bessent visited Japan and South Korea on his way to the Trump-Xi Summit in Beijing on…
Bessent to Meet Takaichi, Katayama, Ueda in Japan Next Week
US Treasury Secretary Scott Bessent will spend three days in Japan starting Monday and is expected to meet senior officials…
Scott Bessent has a pressing message for all Americans
Most Americans celebrate a big tax refund as a win. Treasury Secretary Scott Bessent wants them to rethink that instinct…
Bessent Says US Is ‘Suffocating’ Iran With Oil Industry Creaking
Treasury Secretary Scott Bessent said the US is “suffocating” Iran with economic and financial pressure, suggesting that the rulers in…
Banks in US Are Working to Gird Against AI Attacks, Bessent Says
Treasury Secretary Scott Bessent said US financial and technology companies are “working on their resiliency” against artificial intelligence threats, including…
Bessent says Iran crypto seizure hits $500 million
Treasury Secretary Scott Bessent confirmed on April 29 that the United States has seized almost $500 million in Iranian crypto…
Bessent defends U.S. dollar swap lines as Iran war harms global finances
Secretary of Treasury Scott Bessent testifies during a during a Senate Appropriations Subcommittee on Financial Services and General Government hearing…
US Treasury Secretary Bessent says Gulf, Asian allies request swap lines | Banks News
Bessent has pushed back on allegations that the Trump family’s financial ties with UAE are driving the decision to offer…