Minnesota, Bessent
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Rights groups say at least 25 people were killed in Iran during the first nine days of protests that started in the bazaar of Tehran over the plunging value of the currency and soaring inflation.
On Wednesday, January 7, U.S. Treasury Secretary Scott Bessent addressed a major headwind to the U.S. auto industry -- affordability -- saying the administration is working on a significant tax break that could help many buyers.
The Treasury Secretary said that Trump's proposal to keep big players from buying single-family homes would not force them to sell current holdings.
Treasury Secretary Scott Bessent says Trump's proposed defense spending boost could be funded by recovering money from welfare fraud investigations.
With an estimated net worth of more than $500 million and a portfolio that includes farmland (2), disruption from AI isn’t a direct threat to Bessent himself. But when asked wha
11hon MSN
US Treasury's Bessent says Rieder not yet interviewed for top Fed job, decision likely this month
BlackRock's chief bond investment manager, Rick Rieder, has not been interviewed yet by U.S. President Donald Trump for the Federal Reserve top job, Treasury Secretary Scott Bessent said on Thursday,
The Treasury secretary sees a "robust conversation" for establishing an inflation range – but the federal government and policymakers have to "maintain credibility" first.
Treasury Secretary Scott Bessent predicted "gigantic" tax refunds of $1,000-$2,000 for many Americans filing in 2026 due to Trump's tax cuts.
U.S. Treasury Secretary Scott Bessent has the U.S. central bank not to delay Fed rate cuts even as Stephen Miran has backed 150 bps cuts.
Janet Yellen told Newsweek that exempting U.S. firms from new global taxation rules had sacrificed "significant tax revenue.”
Treasury Secretary Scott Bessent urged the Federal Reserve to accelerate interest rate cuts, calling them the “only ingredient missing” for stronger U.S. economic growth ahead of scheduled remarks in Minnesota on Thursday.