News

US to make several trade announcements in next 48 hours, Treasury secretary says
The United States will make several trade announcements in the next 48 hours, Treasury Secretary Scott Bessent said on Monday ...
U.S. Treasury sanctions more than 20 entities for helping sell Iranian oil
The Trump administration announced Wednesday it has designated more than 20 entities as complicit in the facilitation of ...
Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started
Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome ...
Japan to host US Treasury Secretary as trade deal deadline looms
TOKYO: Japanese Prime Minister Shigeru Ishiba will host US Treasury Secretary Scott Bessent on Friday (July 18), ahead of a ...
How Trump plans to dismantle the Education Department after Supreme Court ruling
Education Secretary Linda McMahon is expected to move quickly now that the Supreme Court has cleared the way for the Trump ...
Some countries will see tariffs 'boomerang' to April rates, treasury secretary says
Treasury Secretary Scott Bessent said Sunday that the U.S. will revert to steep country-by-country tariff rates at the ...
Will Bessent serve as Fed chair, Treasury secretary at the same time?
The possibility that President Trump could replace Federal Reserve Chair Jerome Powell with Treasury Department Secretary ...