Scott Bessent

Treasury Secretary Scott Bessent accused Democratic leaders of causing the ongoing government shutdown and condemned the Democratic-led boycott for harming both the economy and military personnel. Bessent Blasts Dems Over Shutdown Bessent criticized the Democratic senators for keeping the...

U.S. Treasury Secretary Scott Bessent defended the Trump administration’s handling of inflation and the affordability crisis, which he said was inherited from the previous administration led by President Joe Biden. Trump ‘Inherited’ This Crisis On Sunday, in a post on X, Bessent...

In a major breakthrough, top economic officials from the U.S. and China have drafted a trade deal, which is expected to be finalized by President Donald Trump and Chinese President Xi Jinping. The agreement is set to halt the escalation of 100 percent tariffs and Chinese rare earths export...

U.S. Treasury Secretary Scott Bessent defending President Donald Trump's tariff policies, citing the significant surge in stock market since the April announcement of "Liberation Day" tariffs. Stock Surge Since the announcement of the tariffs in April, the S&P 500 index has surged by 20%,...

U.S.-China trade discussions in Kuala Lumpur are raising hopes of a direct meeting between President Donald Trump and President Xi Jinping as both sides seek to ease escalating economic tensions. High-Level US-China Trade Negotiations Resume Amid Tariff Threats The second day of high-level talks...

American debt hit a record high of $38 trillion earlier this week. Here's a look at how quickly the debt is growing and how much every American would owe today. Record National Debt A government shutdown isn't the only thing that could be putting pressure on the country’s health moving...

“America First,” President Donald Trump proclaimed in two inaugural addresses: 2016 and, again, in 2025—unless you’re Argentina. What Happened? The U.S. Treasury, under Secretary Scott Bessent, finalized a $20 billion financial lifeline for Argentina in the form of a currency...

Treasury Secretary Scott Bessent expressed confidence in the trajectory of the U.S. economy, citing key deflationary trends, tax policy changes, and incoming tax refunds for working Americans. The US Economy ‘Looks Great’ Commenting on the nation’s domestic economic picture,...

Amid the federal government shutdown, U.S. gross national debt surpassed $38 trillion as per Treasury data on Wednesday, raising concerns about the nation’s financial stability. US Debt Grows At Twice The Pace Since 2000 This is the fastest trillion-dollar increase in debt outside of the ...

Rep. Marjorie Taylor Greene (R-Ga.) slammed Trump’s $40 billion bailout for Argentina, calling it a betrayal of American ranchers and a violation of “America First” principles that are central to the MAGA movement. A Betrayal of American Cattle Ranchers Appearing on The...

SEC Chair Paul Atkins said the ongoing government shutdown is starting to impact U.S. markets but highlighted that the agency remains partially operational to keep essential functions running. The Shutdown Is ‘Beginning To Bite’ “It's beginning to bite,” Atkins said,...

In a sweeping escalation of economic pressure on Russia, the U.S. Department of the Treasury said that it will be imposing full blocking sanctions on its two largest oil companies, Rosneft and Lukoil, citing Moscow’s “lack of serious commitment to a peace process to end the war in...

In a bid to reduce China’s influence in Argentina, the Trump administration is reportedly pushing officials in Buenos Aires to restrict Beijing’s access to the country’s resources. US Looks To Limit China’s Critical Minerals Access Treasury Secretary Scott Bessent has been...

As the weekend comes to a close, let’s take a look at the top stories that made headlines in the business world. Microsoft, Google, Amazon To Shift Majority Of New Product Production Outside China By 2026 Microsoft Corp. (NASDAQ:MSFT) is reportedly planning to move the majority of its new...

China accused the United States on Thursday of fueling "panic" over Beijing's new limits on rare earth exports. However, China has signaled that it remains open to negotiating a solution to the trade dispute, which has raised tensions between the two major economies, according to CNBC. TMQ stock...