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The United States announced it would impose the 'toughest sanctions in history' on Iran, aiming to 'squash' its economy. Iran responded by labeling the new American threats and sanctions as 'economic terrorism'.
A woman has been sentenced to six years in prison for plotting to kill Treasury Secretary Scott Bessent with a Molotov cocktail. The transgender defendant was accused of planning the assassination attempt.
The European Central Bank is reportedly angered by US Treasury Secretary Bessent's decision to sell Euros in order to support the Japanese Yen, calling it an "unprecedented breach."
US Treasury Secretary Bessent confirmed that the US supported Japan's intervention in the yen market to help stabilize Asia, despite the yen's continued struggles. Bessent noted that the yen's level was problematic for Japan and other currencies, with 155 emerging as the next key test for the currency.
Treasury Secretary Scott Bessent attributes 1.82 million deportations under Trump's immigration policies to the return of jobs for American workers and predicts a resumption of real wage growth.
Japanese Finance Minister Katayama met with US Treasury Secretary Bessent to exchange views on currency market trends. Katayama stated that Japan would take decisive action on the foreign exchange market and that the Japan-US agreement remained unwavering.
US Treasury Secretary Bessent announced a plan to compensate America's Gulf regional allies using frozen funds, stating that 'Iran Will Pay' in a move to address tensions in the region.
Treasury Secretary Scott Bessent challenged Senator Ron Wyden during a budget hearing, bringing up his son's past email communications with Jeffrey Epstein.
Japan's finance minister stated that US Treasury Secretary Bessent offered 'understanding' regarding Japan's yen policy following their meeting, as the currency continues to weaken.
Treasury Secretary Bessent has issued a warning to Americans about the increasing threat of AI-driven bank account hacks, as new AI models expose vulnerabilities in financial systems.
Treasury Secretary Scott Bessent has recommended that workers adjust their paycheck withholding, though experts caution that errors in this process could potentially lead to an unexpected tax bill.
Kevin Warsh, President Trump's nominee for Federal Reserve Chair, has disclosed assets exceeding $190 million ahead of his confirmation hearing. His financial holdings make him potentially one of the wealthiest Fed chair nominees in modern history.
US Treasury Secretary Scott Bessent has reiterated that the United States possesses 'plenty' of funds to finance a potential war with Iran, despite no formal funding request yet from the Trump administration, and promises Americans will not face tax hikes, with reports questioning if the conflict will end soon.
US Treasury Secretary Scott Bessent stated that the US may soon remove sanctions on Iranian oil stranded on tankers, an action he believes will increase oil supply and lower prices, though long-term effects remain uncertain.
US Treasury Secretary Bessent indicated on the 4th that the 10% tariff measure currently applied to a wide range of countries, including Japan, could be raised to 15% as early as this week.
Treasury Secretary Bessent blames political "venom" after deadly security incident at Trump's Mar-a-Lago estate. Suspect shot, killed by authorities Sunday.
Treasury Secretary Bessent's efforts to calm the bond market have not yet yielded the desired results, prompting questions about the effectiveness of current financial strategies.
Treasury Secretary Bessent has taken a significant step aimed at solidifying the global dominance of the U.S. dollar.
Despite data suggesting otherwise, Treasury Secretary Bessent has asserted that the K-shaped economy, characterized by a widening gap between rich and poor, no longer exists.
America's national debt has reached a record high, with Treasury Secretary Bessent reportedly working to manage the world's most indebted economy.
Treasury Secretary Scott Bessent predicts a 3% GDP growth for the U.S. economy this year, a forecast that Kalshi traders largely disagree with, seeing little chance of it materializing.
Treasury Secretary Bessent has stated that Texas has surpassed California to become 'America’s center of gravity.' This claim suggests a significant shift in economic and cultural influence between the two states.
Treasury Secretary Bessent engaged in a heated exchange with Rep. Brad Schneider during a House Ways and Means hearing, discussing Trump tariffs and the issue of outmigration from Illinois.
US and Iranian officials have reportedly reached a tentative ceasefire deal, but its approval remains uncertain as it awaits a final decision from President Trump. The potential agreement has also influenced oil prices.
片山財務大臣は、日本を訪れているアメリカのベッセント財務長官と会談しました。外国為替市場で日本が先月、市場介入を実施する中、最近の為替の動向などについて意見を交わし、片山大臣は日米間の連携についてアメリカ側から全面的に理解を得たと明らかにしました。
Treasury Secretary Scott Bessent concluded Financial Literacy Month by hosting a fair for over 50 D.C. students, featuring games, booths, and vault tours to promote financial education.
Democrats' social media team criticized two Trump cabinet members, Treasury Secretary Bessent for a beverage gaffe and Defense Secretary Pete Hegseth for alleged problem drinking.
Treasury Secretary Bessent has reportedly labeled crypto leaders as 'nihilists' as the deadline for the Clarity Act approaches. Her comments highlight ongoing tensions between regulators and the cryptocurrency industry.
US Treasury Secretary Scott Bessent stated that the Trump administration is "winning this crucial fight at an even faster pace than anticipated" through "Operation Epic Fury," calling Iran the "head of the global terrorism snake."
The United States has temporarily allowed India to purchase Russian oil already stranded at sea to ease short‑term global supply pressures amid the ongoing West Asia conflict. U.S.
US Treasury Secretary Bessent says oil market well supplied amid Iran war Reuters
Treasury Secretary Bessent has provided a candid assessment of the current economic outlook, sharing a blunt forecast on the state of the economy.
The US Treasury announced a significant expansion of its debt buyback program, leading to a fall in global bond yields and a rally in markets. This move aims to ease pressure on the bond market as the Federal Reserve grapples with interest rate decisions.
Two UAE-owned oil tankers were attacked while transiting the Strait of Hormuz, prompting condemnation from the UAE and other nations. In response, the US Treasury Secretary stated that the US would impose unprecedented measures on Iran.
US Treasury Secretary Scott Bessent confirmed that the US supported Japan's intervention in the yen market to help stabilize Asia, noting the yen's level was problematic and the intervention aimed to avert wider Asian instability.
U.S. Treasury Secretary Scott Bessent has reiterated assurances to the public that America's gold reserves at Fort Knox remain fully intact.
Treasury Secretary Bessent stated that U.S. GDP growth can return to 3% before the end of the year.
Representative Mark Harris has urged Treasury Secretary Bessent to revoke the Southern Poverty Law Center's (SPLC) tax-exempt status, accusing the group of fraud for allegedly funding extremist organizations.
Treasury Secretary Bessent and Representative Sánchez engaged in a fiery exchange during a discussion on a Trump family tax audit immunity deal, with Bessent accusing Sánchez of seeking social media clips.
China has expressed willingness to work with the US on slashing tariffs, while the US Treasury Secretary indicated no rush to extend a trade truce. Discussions continue amidst a broader debate on whether the West is de-risking from or containing China's economy.
Treasury Secretary Bessent has issued a warning to Americans about the rapidly evolving threat of AI-driven bank account hacks.
John Phelan, the US Navy Secretary, has been ousted from his position, with reports citing a clash with Pentagon leadership and the ongoing naval blockade of Iran as contributing factors. Hung Cao has been named as the interim US Navy Secretary following Phelan's departure.
Treasury Secretary Bessent has reportedly made a major announcement concerning potential Federal Reserve interest rate cuts, drawing significant market attention.
The US president has extended a deadline for Iran to open the Strait of Hormuz and paused energy strikes for 10 days, with Trump stating talks are 'going very well' as US Vice President J.D. Vance takes a forefront role in US efforts to broker Iran peace; analysis suggests Trump's 'mysterious peace negotiations' do not promise a quick end to the war, and experts explain his strategy of playing for time with new ultimatums and troop deployments.
Chinese FM responds US Treasury Secretary Bessent’s claims that US may lift sanctions on Iranian oil already at sea Global Times
Treasury Secretary Bessent announced that the U.S. will make a series of announcements aimed at supporting oil trade in the Gulf region.
A counselor to the Treasury Secretary, Bessent, commented on experiencing 'very strong disinflationary growth' in the economy.