Bessent says U.S. could sanction China over AI model 'theft' ⊕
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Bessent
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4 days ago
Chinese open-weight models are gaining steam against leading offerings from American companies like OpenAI and Anthropic.
31 days ago
U.S. Treasury will oversee frozen Iranian funds when they're released, Bessent says ⊕
Treasury Secretary Scott Bessent said once Iranian frozen assets are released, they will be overseen by Treasury and routed largely to U.S. agriculture, medicines.
Treasury Secretary Bessent says U.S. GDP growth can return to 3% before end of the year ⊕⊕
Bessent sees his "3-3-3" plan as still in reach — 3% growth, a 3% deficit-to-GDP rate, and a 3 million barrels per day increase in oil production.
52 days ago
Bessent says he is performing IRS commissioner duties amid Trump tax settlement scrutiny ⊖
Democrats pressed the Treasury chief over whether other taxpayers affected by the leak that included Trump's tax returns would receive similar treatment.
Bessent says US inflation jump will be ‘short-term blip’ ⊖
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a story from Financial Times ✅ › Financial Times
Treasury secretary defends Donald Trump’s economic record amid mounting frustration over Iran war
72 days ago
China will work behind the scenes to help reopen the Strait of Hormuz, Bessent says ⊕
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President Trump held talks with President Xi during a two-day summit in Beijing on Thursday.
Bessent sees 'substantial disinflation' ahead as Warsh takes over the Fed ⊕
Bessent said the energy-fed inflation surge recently is likely to reverse as the U.S. is "going to keep pumping."
75 days ago
Japan says Bessent offered ‘understanding’ on yen policy ○
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a story from Financial Times ✅ › Financial Times
Currency weakens after US Treasury secretary meets finance minister Satsuki Katayama
82 days ago
Reeves rowed with Bessent over Iran war criticism ⊖⊖
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a story from Financial Times ✅ › Financial Times
Dispute between UK chancellor and US Treasury secretary underscores allies’ diverging stances on the conflict
3 months ago
Under Warsh, the Fed could embrace Bessent’s geoeconomic agenda ⊕
The Treasury secretary wants to use swap lines to lock in dollar supremacy