News

When it comes to budget math, ‘D.C.-style’ actually means ‘honest’
Treasury Secretary Scott Bessent found himself in an unexpected position Friday morning, facing a challenging question from — ...
The Decline and Fall of Elon Musk
The Tesla innovator becomes the latest government employee to lose his job.
Bessent show: Treasury secretary taking over as top dog on Trump’s trade team
An alumnus of the first Trump White House assessed that of Trump’s Cabinet, Bessent seems to be the “most serious person in ...
Japan's tariff envoy to visit US around May 30 to meet Bessent, sources say
Japan's top tariff negotiator Ryosei Akazawa intends to visit the United States again on May 30 for a fourth round of trade ...
US sanctions two members of a Mexican drug trafficking group known as the Northeast Cartel
The United States has imposed sanctions on two members of the Mexican drug trafficking organization Cartel del Noreste, the ...
Devdiscourse2d
Bridging Borders: Klingbeil and Bessent's Transatlantic Talks
German Finance Minister Lars Klingbeil and U.S. Treasury Secretary Scott Bessent held a crucial bilateral meeting in Canada, ...
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 ...
USA Today6d
Trump treasury secretary says Walmart will absorb some tariff costs – but shoppers may still pay more
WASHINGTON – Treasury Secretary Scott Bessent said retail giant Walmart "will be absorbing" the impact of President Donald Trump's signature tariffs, but some costs "may get passed on to ...
Treasury Secretary Bessent says he's likely to meet with China again in ‘next few weeks' to work on bigger agreement
The comments come after the U.S. and China announced a 90-day pause on most of the tariffs the countries had imposed on one ...
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 ...
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.