Scott Bessent

The talks between US Treasury Secretary Scott Bessent and Chinese Vice-Premier He Lifeng were likely to be exploratory with limited immediate outcomes.

US Treasury’s Bessent, Chinese Vice-Premier He Lifeng hold talks in South Korea ahead of Trump-Xi summit

It will be US Treasury Secretary Scott Bessent's third trip to Japan in little more than a year.

Bessent’s unprecedented grasp on Japan policy tests Takaichi

US Treasury Secretary Scott Bessent said: “Many of our Gulf allies have requested swap lines.”

Bessent says US allies in Gulf, Asia requested swap lines

The Clarity Act aims to create federal rules for digital assets, the culmination of years of crypto industry lobbying.

Scott Bessent urges Congress to pass crypto regulation bill

Scott Bessent has argued that tanker traffic in the Gulf region is starting to pick up – and will only increase in the coming days.

Bessent says Hormuz ships insurance programme to start soon

“It’s my strong belief that the tariff rates will be back to their old rate within five months,” US Treasury Secretary Scott Bessent said.

Trump’s tariff hike to 15% likely this week, Bessent says

On Federal Reserve policy, Bessent says that he expects the central bank to move cautiously in any effort to trim its balance sheet.

Scott Bessent sees ‘unruly’ Chinese trading behind gold price swings

The Fed vastly expanded its balance sheet during the global financial crisis and the Covid-19 pandemic to push down long-term interest rates.

US Treasury’s Bessent says Fed will take its time on balance sheet moves

Canada's Prime Minister Mark Carney speaks during the 56th annual World Economic Forum meeting in Davos, Switzerland, Jan 20, 2026.

Canada’s Carney walked back Davos comments in call with Trump, US treasury chief says