US Treasury Secretary Bessent sells farm under ethics deal
US Treasury Secretary Scott Bessent sold his soybean farm to comply with ethics rules. The move comes amid renewed US-China soybean trade and after he missed several divestment deadlines.
Category : Search result: Kenneth Bessent
US Treasury Chief Bessent Attacks NY Times at Summit
US Treasury Secretary Scott Bessent launched a sharp critique of The New York Times at its DealBook Summit, accusing it of distorted Trump health coverage and a Biden cover-up. Read the full fiery exchange.
Trump Admin to Cut Benefits for Illegal Immigrants
Trump administration plans to cut federal benefits for illegal immigrants following White House shooting. Treasury Secretary Scott Bessent confirms the move. Read latest updates.
US Treasury Chief Calls Mamdani Democratic Leader
US Treasury Secretary Scott Bessent declares NYC Mayor-elect Zohran Mamdani as Democratic Party leader after Oval Office meeting with Trump. Read about the political implications.
Bessent: Fed's Ample-Reserves System Shows Signs of Fraying
US Treasury Secretary Scott Bessent criticises the Federal Reserve's complex monetary policy, warning its ample-reserves regime is fraying. The Fed faces liquidity challenges as year-end volatility looms.
Trump's Fed Chair Pick Expected Before Christmas
US Treasury Secretary Scott Bessent reveals President Trump likely to announce new Federal Reserve chairman before Christmas. Five strong candidates in final round interviews.
Trump's $2000 Payment Plan Needs Congress Approval
US Treasury Secretary confirms Trump's $2000 citizen dividend requires congressional legislation. Plan would use tariff revenue but faces financial feasibility questions. Read details.
US-China Rare Earth Deal Expected by Thanksgiving
US and China near critical rare earth minerals agreement expected by Thanksgiving. Deal aims to secure supply chains and reduce dependency. Read latest developments.
Trump's $2,000 Tariff Dividend: Income Cap Discussed
Trump administration debates $2,000 tariff dividend for families earning under $100,000. Treasury Secretary reveals ongoing discussions about income threshold and implementation.
US Fed Rates Spark Housing Recession: Bessent
Prominent economist Kenneth Bessent reveals how aggressive US Federal Reserve interest rate hikes have potentially triggered a housing market downturn, with global implications for homebuyers and investors.
US Treasury: China's actions alert world to dangers
Scott Bessent, US Treasury Secretary, warns that China's recent strategic moves have alerted nations worldwide to potential dangers in global economic security and international relations.
US Slams China's Rare Earth Export Curbs as 'Mistake'
US Treasury's Scott Bessent calls China's rare earth metals export restrictions a 'real mistake' that could backfire, potentially accelerating global efforts to find alternatives and reduce dependency.
TikTok Deal Nears Finalisation: China Confirms Progress
Breaking: The prolonged TikTok ownership saga approaches resolution as Chinese officials confirm deal progress. Scott Bessent's approval signals potential end to US-China tech tensions.
Fed 'Stuck in Past' Says Treasury Official
US Treasury official Andy Bessent criticizes Federal Reserve's communication strategy, saying their language shows they're behind the times in economic approach.
Trump Orders Nuclear Testing to Counter China, Russia
Former President Trump's directive to restart nuclear weapons testing signals major shift in US defense policy as Scott Bessent warns America trails China but will catch up following Russia's recent trials.
Top 5 Contenders to Replace Fed's Jerome Powell
As Jerome Powell's term nears its end, speculation intensifies about his potential successor. Scott Bessent reveals five frontrunners for the most powerful economic role in America.
US Soybean Farmer Faces Backlash Over China Boycott Remarks
American soybean farmer Scott Bessent sparks outrage with insensitive comments as US farmers suffer massive losses from China's trade boycott. Exclusive analysis of the agricultural trade crisis.
US-China Finalize TikTok Deal: Trump & Xi to Seal
Breaking: US Treasury confirms final TikTok deal reached between Washington and Beijing, awaiting presidential approval from both nations in landmark digital diplomacy move.
US-China Trade Breakthrough: Major Framework Reached
In a significant diplomatic breakthrough, the US and China have reached a substantial framework agreement to de-escalate trade tensions, avoiding potentially devastating 100% tariffs and a rare earth export clash that threatened global supply chains.
US to Announce New Russia Sanctions Within 24 Hours
The United States prepares to unveil significant new sanctions targeting Russia's economy and military capabilities as Treasury Secretary Scott Bessent confirms imminent action.
NY Prison Guard Convicted in Inmate Death Case
In a landmark verdict, former NY prison guard Kenneth Dean faces up to 10 years for inmate death while two colleagues acquitted. The case highlights prison accountability.
IMF, World Bank Urged to Get Tough on China
Top US official Paul Bessent demands international financial institutions take stronger stance against China's economic policies and lending activities in developing nations.
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