News

Treasury Chief Bessent reverses stance, says U.S. will buy Bitcoin

U.S. Treasury Secretary Scott Bessent has reversed course, saying the government will explore budget-neutral ways to buy ...

Treasury's Bessent says fixing housing affordability crisis will be one of his 'big projects' this fall

Housing affordability crisis deepens as Treasury Secretary Bessent announces plans to address mortgage rates through ...

Akazawa Says Bessent Isn’t Asking Japan to Hike Rates

Japan’s chief trade negotiator Ryosei Akazawa said US Treasury Secretary Scott Bessent isn’t directly asking Japan to hike ...

Bessent vows to finish divestitures that ethics office says are late

U.S. Treasury Secretary Scott Bessent said on Wednesday he was working to divest illiquid personal assets including farmland ...

Bessent Has Yet to Fully Divest Assets, Raising Concern at Ethics Agency

The Treasury secretary has been slow to shed assets, including farmland, posing potential conflicts of interest.

Bessent Given Extension to Divest After Missing Ethics Deadline

Treasury Secretary Scott Bessent has been granted an extension after failing to fully divest all his assets in compliance ...

Bessent says BOJ is 'behind the curve' on inflation, likely to hike rates, in Bloomberg interview

The Bank of Japan will likely be raising interest rates as it is behind the curve in dealing with the risk of inflation, U.S.

Bessent Says Interest Rates Should Fall by at Least 1.5 Percentage Points Over Time

Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...

Scott Bessent’s revealing admission about Trump’s tariffs

The Trump administration seems to be catching on to what has been clear for some time: The president’s claim of virtually ...

Bessent Warns Europe It’s ‘Put Up or Shut Up’ Time on Russia

Treasury Secretary Scott Bessent urged European nations to be prepared to get on board with higher tariffs on China and other ...