Scott Bessent

The U.S. dollar is getting a historic makeover. The Treasury Department announced on Thursday that President Donald Trump’s signature will appear on future U.S. paper currency alongside that of Treasury Secretary Scott Bessent. A First In American History No sitting president has ever had...

Treasury Secretary Scott Bessent dismissed raising taxes to fund the U.S. military campaign in Iran as "not at all" under consideration, calling the idea "ridiculous," in an exclusive interview on NBC's Meet the Press on Sunday. “Why would we do that?” Bessent said. “We have a...

Nassim Nicholas Taleb, the renowned author of The Black Swan, has issued a critique of Treasury Secretary Scott Bessent, arguing that the administration's economic projections regarding the escalating conflict with Iran are mathematically illiterate and dangerously optimistic. The ‘Fat Tail...

Treasury Secretary Scott Bessent defended the relaxation of sanctions on Iranian oil and the U.S. military strikes on Tehran’s infrastructure Last week, the Treasury Department relaxed certain sanctions on Iran, thereby permitting the sale of Iranian oil that was previously stranded at sea....

Treasury Secretary Scott Bessent defended President Donald Trump after the president posted that he was "glad" Robert Mueller had died. Trump Comments On Mueller's Death On Sunday, Bessent appeared on NBC's Meet the Press and said, "I think that given what has been done to President Trump and his...

On Sunday, Treasury Secretary Scott Bessent defended U.S. strikes on Iranian infrastructure as part of the U.S.-Israel war that began in February, arguing the campaign requires escalation before tensions can cool. The comments landed as troop plans eye Kharg Island and other choke points, while...

The week brought a series of significant developments, including a potential shift in the Fed’s interest rate policy, a controversial statement from a top White House advisor, and a historic slump in the gold market. Here’s a quick overview of the stories that made headlines. Trump...

The U.S. Commission of Fine Arts has approved the design for a 24-karat gold coin featuring President Donald Trump, marking a celebration of America’s 250th birthday on July 4. The federal arts commission, which includes members appointed by the president, gave its nod to the design on...

Treasury Secretary Scott Bessent has officially dismissed speculation that the U.S. government will short oil futures to suppress surging energy prices, opting instead for a temporary easing of sanctions on stranded Russian crude to combat the supply shock stemming from the Iran-U.S. conflict....

As the week unfolded, several key figures in the Trump administration made headlines with their statements and actions. Here’s a quick recap of the major stories that emerged. Trump Adviser David Sacks Warns Iran Escalation Could Be ‘Catastrophic’ David Sacks, a key adviser to...

U.S. Treasury Secretary Scott Bessent's interview with Sky News was suddenly interrupted on Thursday when an aide entered and told him, "The president wants you right away." Bessent was speaking with reporter Wilfred Frost at the White House around 10:22 a.m. EDT when he left the interview. He did...

The Donald Trump administration has issued a temporary authorization for countries to purchase Russian oil currently “stranded at sea,” a move designed to stabilize global energy markets as tensions from the Iran-U.S. war push Brent crude prices past $100 per barrel. Strategic Waiver...

Congressional Democrats are demanding that the Donald Trump administration revoke a temporary waiver allowing India to buy Russian oil, warning the move rewards adversaries while U.S. energy prices soar. Russian Oil Waiver Sparks Controversy Last week, the Treasury Department issued a 30-day...

It’s been an eventful week in the world of business and finance. Here’s a quick look at the top stories that made headlines. Trump’s Trade Wars, AI Displacement Amid President Donald Trump‘s trade wars, the real story for Wall Street in 2026 is a tug-of-war between record-...

On Friday, Senate Minority Leader Chuck Schumer (D-N.Y.) warned that the conflict in the Middle East may be expanding after a report said Russia is sharing intelligence with Iran on U.S. military assets. Report Claims Russia Passed Targeting Data To Iran A report by The Washington Post said Russia...