Scott Bessent
Bessent says US allies in Gulf, Asia requested swap lines
Federal Reserve maintains open lines with a handful of peers
Scott Bessent urges Congress to pass crypto regulation bill
Crypto companies have long argued that existing rules are inadequate for digital assets
Bessent says Hormuz ships insurance programme to start soon
The Trump administration has already taken action to blunt prices and address some concerns about oil supply
Trump’s tariff hike to 15% likely this week, Bessent says
The Treasury chief also plays down the risk to the oil market from the US and Israeli war against Iran
Scott Bessent sees ‘unruly’ Chinese trading behind gold price swings
The turmoil has helped lift the US dollar to its first weekly gain since early January
US Treasury’s Bessent says Fed will take its time on balance sheet moves
[WASHINGTON] US Treasury Secretary Scott Bessent said on Sunday he would not expect the Federal Reserve to move quickly to shrink its balance sheet, even under Fed chief nominee Kevin Warsh, who has c...
Canada’s Carney walked back Davos comments in call with Trump, US treasury chief says
World leaders and industry chiefs had given Carney a standing ovation for his speech
Japan finance minister says US Treasury’s Bessent shares concerns about weak yen
JAPAN’S Finance Minister Satsuki Katayama said she and US Treasury Secretary Scott Bessent shared concerns over what she called the yen’s recent “one-sided depreciation”, as Tokyo stepped up threats o...
US urges partners and allies to increase critical minerals supply chain resiliency
[WASHINGTON] US Treasury Secretary Scott Bessent held a meeting on Monday with ministers from different US partners and allies “to discuss solutions to secure and diversify supply chains for critical ...
Bessent worried more about loss of leverage than revenue if Trump loses Supreme Court case
[GOLDEN VALLEY, Minnesota] US Treasury Secretary Scott Bessent on Thursday said he was confident in the ability to reconstitute any lost tariff revenue by imposing duties under other legal authorities...