News

New Bitcoin Purchases by the U.S. Government Still on the Table, Bessent Says

Initially, Bessent disappointed Bitcoin fans Thursday morning when he said the U.S. government’s so-called strategic Bitcoin ...

Treasury Secretary Scott Bessent pushes back on claims he’s pressuring the Fed to slash rates

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...

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 outlines Trump administration plans for tariffs, housing crisis and Fed chairman selection

U.S. Treasury Secretary Scott Bessent, in a wide-ranging interview on 'Mornings with Maria,' weighs in on President Donald ...

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 ...

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 ...
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Bessent makes first visit to IRS as commissioner

Treasury Secretary Scott Bessent made his inaugural visit to the IRS as acting commissioner on Thursday, after he replaced ...

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 Visit to IRS--With Whistleblowers--Sends Message

IRS acting commissioner Scott Bessent spent 45 minutes in the building to reassure the troops that he is hands-on and taking ...

Bessent’s Rebuke to BOJ’s Cautious Approach Sends Yen Higher

US Treasury Secretary Scott Bessent criticized the Bank of Japan’s cautious approach to raising interest rates, saying it was ...

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 ...