Iran, Bessent
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Treasury Secretary Scott Bessent blasted the US companies ramping up investment in artificial intelligence, faulting them for failing to build ties with communities amid a wave of popular concern over data centers boosting the cost of living.
Treasury Secretary Scott Bessent downplayed short-term bond moves even as he touted the U.S. market, saying, "what happens over a month doesn't matter."
Treasury Secretary Scott Bessent called out China on Tuesday for not wanting to address certain trade issues at the Group of 20 (G20) conference, saying the country did not agree cheap exports are “unsustainable.
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Scott Bessent Admits ‘Prices Are Too High’ After Fox Host Confronts Him With Bad ‘Cost of Living’ Poll
Treasury Secretary Scott Bessent admitted "prices are too high" after Brian Kilmeade noted that half of Americans believe the cost of living is too high. The post Scott Bessent Admits ‘Prices Are Too High’ After Fox Host Confronts Him With Bad ‘Cost of Living’ Poll first appeared on Mediaite.
The Treasury chief has made the same call three times in four weeks. The market's answer keeps changing.
The meeting underscored Washington's willingness to reopen diplomatic talks with Moscow, as Europe intends to isolate the nation while the war continues.
Bank of Japan Governor Kazuo Ueda faces unusually acute risks of financial-market turbulence as he approaches this month’s policy decision in the wake of a public pressure campaign by US Treasury Secretary Scott Bessent.
Treasury Secretary Scott Bessent says 19 of the members of the G20 agreed to address streams of “cheap exports” that cause global economic imbalances, but China dissented.
Bond market investors are growing increasingly nervous as fighting resumes in the Middle East.
U.S. Treasury Secretary Scott Bessent has played down concerns over the bond market selloff this week as benchmark Treasury yields top 4.8%. Here’ s what he said at a G-20 finance ministers’ gathering in Asheville,
ASHEVILLE, N.C. (AP) — Driven in part by his own experience with poverty as a child, Treasury Secretary Scott Bessent is pitching a financial literacy campaign to leaders of the world’s largest economies and suggesting an investment account program begun under President Donald Trump as a model for it.
Treasury Secretary Scott Bessent pointed to Ukrainian strikes on Russian energy infrastructure as a root cause of rising global energy prices on Wednesday, saying the Russia-Ukraine war and the war with Iran have created an “energy shock.