Bessent

US plans to seize $1B in crypto linked to Iran this week: Scott Bessent

The Treasury Department has announced several digital asset seizures related to sanctions on Iran as part of US sanctions.

What Bessent is now saying after bond yields didn't stop rising on 'I am the house' remark

In a televised interview with Axios, Treasury Secretary Bessent defended his department's record in the bond market and walked back his "I am the house" declar…

Rebuked by Bond Market, Bessent Says 'House' Does Not Always Win

The Treasury secretary said in an interview with Axios that he cannot control the Treasury market but argued that U.S. bond yields would come back down over ti…

Scott Bessent compares AI CEOs who warn of catastrophe to Hannibal Lecter: 'Stop me before I kill again'

Scott Bessent compares AI CEOs who warn of catastrophe to Hannibal Lecter: 'Stop me before I kill again'

Bessent Settled Tax Issue That Had Put Him at Odds With I.R.S.

The Treasury Secretary had previously taken a position on his taxes that contradicted the views of the tax agency that he now oversees.

A 'death cross' is coming for the dollar. Why Trump will be happy.

Don't look now, but there are some technical reasons to believe that U.S. Treasury Secretary Scott Bessent was right when he declared to the financial markets…

What to know about Trump's meeting with China's Xi and the economic stakes

Treasury Secretary Scott Bessent said the U.S. and China have agreed to extend a trade truce. Here's a guide to what else is happening behind the scenes.

U.S.-China trade truce extended for two months, Bessent says, as Xi begins state visit

The deal, which was set to expire in November, will now be extended to Jan. 10, Bessent said, noting the need for Beijing to fulfill more deliverables.

Scott Bessent says the US and China are giving their trade truce 2 more months

Scott Bessent says the US and China are giving their trade truce 2 more months

Bessent 'Inadvertently' Failed to Report Holdings of JPMorgan Stock

Treasury Secretary Scott Bessent's finances were reviewed by the inspector general after Mr. Bessent incorrectly listed at least $100,000 of the stock, which w…

What's Behind Bessent's Boasts About the U.S. Bond Market

By one measure, U.S. government bond markets have posted negative returns, but markets in others countries have experienced steeper losses.

Treasury Sec. Scott Bessent says OpenAI bears 'responsibility' for Hugging Face hack

"The Hugging Face incident, that is the responsibility of the OpenAI management, not a bunch of agents," Bessent said during an appearance on CNBC's "Squawk Bo…

Scott Bessent Has Message For Reporters Who Think They're The Story

Treasury Secretary Scott Bessent ripped the legacy media Monday morning, but said he didn't know enough about President Donald Trump's move to ban Politico, CN…

Trump admin won't give AI leaders a 'liability shield,' Bessent tells CNBC

Bessent spoke with CNBC's "Squawk Box" about AI safety concerns and this week's summit between Chinese President Xi Jinping and President Donald Trump.

Bessent says the US wants a "shared vision" on AI with China.

Bessent says the US wants a "shared vision" on AI with China.

Bessent and China Hail Progress on A.I. Talks. Now Comes the Hard Part.

Artificial intelligence and more are expected to be big issues at this week's summit between President Trump and Xi Jinping, China's top leader.

Stocks advance after Bessent says talks with China were successful before Trump-Xi meeting

Asian shares are advancing ahead of the expected meeting between U.S. President Donald Trump and Chinese leader Xi Jinping this week in Washington

Bessent meets with Chinese counterpart ahead of Trump-Xi summit

Treasury Secretary Scott Bessent is meeting with Chinese Vice Premier He Lifeng, ahead of the planned summit between President Trump and Chinese President Xi J…

Bessent meets China Vice Premier He Lifeng ahead of Trump-Xi summit

Scott Bessent and China's He Lifeng are holding talks on trade, AI and critical minerals ahead of Trump and Xi's Sept. 24 summit.

U.S. Treasury's Bessent, China's He to hold talks on AI, trade, critical minerals: Reuters

Bessent and Warsh Take On the Bond Bears

The Treasury secretary and the Federal Reserve chairman face similar tests: calming investors' growing worries about inflation and deficits.

Companies 'Can Stop Any Time They Want To': Congress Presses Bessent On AI Oversight

'Gambling with our lives'

Scott Bessent should stop blaming the bond market

It is working just fine; his interventions, less so

Bessent Defends Faltering Bond Market Intervention

Testifying before Congress, the Treasury secretary said that he supported giving Americans $5,000 dividends if Republicans win in November.

LIVE: Treasury Secretary Scott Bessent testifies on Iran war, gas prices, inflation

LIVE: Treasury Secretary Scott Bessent testifies on Iran war, gas prices, inflation

Bessent says the US's message to Iran has been heard.

Bessent says the US's message to Iran has been heard.

What to watch as Treasury Secretary Scott Bessent testifies before Congress

Treasury Secretary Scott Bessent may face questions on rising energy prices, Federal Reserve policy, government debt and the Trump team's economic agenda.

Treasury Secretary Bessent says the U.S. can grow its way out of the debt crunch. What would it take?

The Treasury secretary makes the argument that strong economic expansion is the antidote to climbing out of the deep debt hole.

Bessent's attempts to suppress interest rates could spark a recession

The bond market can be tricky for even its most sophisticated and well-armed participants.

Treasury Secretary Bessent urges CLARITY Act passage after Senate returns

Secretary Scott Bessent warned that failing to pass the CLARITY Act would send a "troubling signal" about America's leadership in the digital asset industry.