Scott Bessent
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Business
U.S. Prepares ‘Economic D-Day’ as Iranian Leadership Fractures Over Zeroed Oil Exports and Blockade Damage
The Trump administration is preparing an aggressive “economic D-Day” targeting Iran, aiming to cut off the country from international commerce…
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Business
Treasury Bond Intervention Backfires as Debasement Trade Fuels Historic Gold and Bitcoin Surge
An unprecedented intervention by the U.S. Treasury Department to suppress rising government borrowing costs has triggered an aggressive market backlash,…
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Business
Treasury Moves to Bar ESG Criteria from ‘Trump Accounts’ Investment Portfolios
Marc Beckman, senior advisor to First Lady Melania Trump, is advocating for auto-enrollment options while discussing the rollout of the…
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Business
Bessent’s $4B Treasury Intervention Triggers Wall Street Skepticism Over $40T Debt Load
U.S. Treasury Secretary Scott Bessent announced plans to “at least double” government repurchases of long-dated bonds, including 10-, 20-, and…
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Business
Massachusetts Woman Sentenced to 6 Years in Capitol Firebomb Plot Targeting Treasury Secretary Scott Bessent
A federal judge sentenced 26-year-old Massachusetts resident Riley English to six years and one month in prison on Tuesday after…
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Business
Polling Breakdown vs Economic Reality: Kudlow Challenges Midterm Projections
FOX Business host Larry Kudlow examined primary election polling errors and questioned survey data measuring President Donald Trump’s standing on…
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Business
Retailers Face Consumer Lawsuits Over $100 Billion Tariff Refund Windfall
U.S. importers have received roughly $100 billion in government tariff refunds following a landmark Supreme Court ruling, triggering a wave…
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Business
Treasury Secretary Bessent Declares K-Shaped Economy Over as Wall Street and Fed Data Signal Persistent Income Divide
WASHINGTON — U.S. Treasury Secretary Scott Bessent declared the dual-track “K-shaped” economy officially over, arguing that tax cuts and wage…
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Technology
Saudi Sovereign Fund and Silver Lake Complete $55 Billion Acquisition of Electronic Arts
Saudi Arabia’s Public Investment Fund, alongside private equity firm Silver Lake and Jared Kushner’s Affinity Partners, has completed its $55…
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Business
U.S. Executes Rare Joint Currency Intervention With Japan to Protect Bond Market
WASHINGTON — The U.S. Treasury Department conducted a joint currency intervention with Tokyo to bolster the Japanese yen using euros,…
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