Scott Bessent
-
Business
Treasury Doubles Bond Buybacks as U.S. Debt Tops $40 Trillion
WASHINGTON — The U.S. Department of the Treasury has doubled the scale of its regular buybacks of long-dated sovereign debt,…
Read More » -
World
Trump Opens U.N. Assembly With Iran Sanctions and Arctic Pact Push
UNITED NATIONS — President Donald Trump is scheduled to address the 81st United Nations General Assembly on Tuesday as dozens…
Read More » -
Business
Trump’s Xi Dinner Draws Nvidia, OpenAI and Apple Chiefs Into U.S.-China Tech Rivalry
WASHINGTON — Nvidia Chief Executive Officer Jensen Huang, OpenAI CEO Sam Altman, and Apple Executive Chairman Tim Cook are expected…
Read More » -
Crypto
House Advances Bitcoin Reserve Bill After Stripping Federal Funding Plans
**WASHINGTON** — The House Financial Services Committee voted 28-21 on Wednesday to favorably report the American Reserve Modernization Act, designated…
Read More » -
Business
Treasury-Fed Clash Puts U.S. Rates on a Collision Course
WASHINGTON — Financial markets have priced in a 25-basis-point rate increase at the Federal Reserve’s policy meeting on Wednesday with…
Read More » -
Business
Bessent Calls Open-Source AI a Weapon Against China and Big Tech
WASHINGTON — Treasury Secretary Scott Bessent told the House Financial Services Committee on Tuesday that the United States must actively…
Read More » -
Business
Treasury Turns to Short-Term Debt as Interest Costs Near $1 Trillion
WASHINGTON — Total gross federal debt crossed $40 trillion on Aug. 22, 2026, a 7.3 percent increase since the beginning…
Read More » -
Business
Trump Turns Corporate CEOs Into His Inflation Defense
WASHINGTON — The U.S. Department of the Treasury is scheduled to release a promotional video across its social media channels…
Read More » -
Business
Bond Markets Tighten the Limits on Washington
WASHINGTON — The U.S. Treasury market is establishing strict parameters for federal monetary and fiscal policy as the Federal Open…
Read More » -
Business
From 9/11 to AI: How Corporate Resilience Has Been Reshaped 25 Years Later
NEW YORK — Twenty-five years after the Sept. 11 terrorist attacks, global business leaders are navigating a landscape defined by…
Read More »
