News

Bessent claims America can ‘retool’ nickel as Treasury pledges to end penny production
The push to eliminate penny production has received support from lawmakers on both sides of the political aisle.
German finance minister and US treasury secretary Bessent met bilaterally, source says
By Christian Kraemer BANFF, Canada (Reuters) -German Finance Minister Lars Klingbeil met United States Treasury Secretary ...
Treasury Secretary Bessent dismisses Moody's US credit downgrade as 'lagging indicator'
Treasury Secretary Scott Bessent downplayed the U.S. credit downgrade as a "lagging indicator" of economic and fiscal ...
Bessent defends Trump’s Qatari luxury jet gift: ‘French gave us the Statue of Liberty’
Treasury Secretary Scott Bessent defended the Trump administration’s decision to accept a $400 million luxury jet from Qatar, ...
Trump treasury secretary says Walmart will absorb some tariff costs – but shoppers may still pay more
Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before, when Trump told ...
US makes ‘substantial progress’ in China tariff talks, Treasury Secretary Scott Bessent says
U.S. negotiators said Sunday that “substantial progress” was made and “perhaps the differences weren’t so large” after two ...
German minister sees 'positive signals' after meeting with Bessent
German Finance Minister Lars Klingbeil is optimistic about relations with Washington after his meeting with U.S. Treasury ...
USA Today15d
Treasury Secretary Scott Bessent: U.S. will hit debt limit in August
WASHINGTON – Treasury Secretary Scott Bessent urged congressional ... to protect the full faith and credit of the United States," Bessent wrote. The letter sets a deadline for ...
The New Republic on MSN15hOpinion
Trump Treasury Sec Flails When Fox News Presses Him on Deficit Math
That’s not great news for Casey Means, the wellness influencer and author Donald Trump nominated at Kennedy’s suggestion to ...