News

Treasury chief Bessent’s briefing to private bank event draws scrutiny
Experts say Bessent didn’t violate any rules and that the customs and conventions around such private talks are murky.
Treasury chief Scott Bessent says U.S. has an "an opportunity for a big deal" with China
Treasury Secretary Scott Bessent on Wednesday said he believes the Trump administration could strike a deal with China.
Kato Says Currency Targets Were Not Discussed in Bessent Talks
Japanese Finance Minister Katsunobu Kato said that specific foreign-exchange targets didn’t at all come up in his talks ...
Bessent says IMF and World Bank need reform and there’s an ‘opportunity for a big deal’ with China
Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...
Scott Bessent says China must move away from export overcapacity and American overreliance: ‘Everyone knows it needs to change’
Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said, “America first ...
Bessent Sees US, Korea Trade ‘Understanding’ by Next Week
The US and South Korea could reach an “agreement of understanding” on trade as soon as next week, Treasury Secretary Scott ...
Bessent tells investors Trump tax cuts could be passed by July 4
Treasury Secretary Scott Bessent said Tuesday that President Trump’s tax cut extension could be approved by July 4. His ...
Stock Futures Fall After Bessent Dents U.S.-China Trade Hopes
Stock futures were pointing to losses on Thursday, with investors still trying to make sense of the U.S.-China trade war ...