Tag Archives: Bessent

U.S. Treasury Secretary Scott Bessent speaks to the press, on the day of U.S.-China talks on trade, economic and national security issues, in Madrid, Spain, September 15, 2025. Violeta Santos Moura | Reuters Treasury Secretary Scott Bessent accused China of trying to weaken the global economy by slapping export controls on resources vital for technology. In an interview with the …

Trump on track to meet Xi in South Korea, Bessent says  Reuters Bessent says US in talks with China to prevent new trade war  Politico Trump, Xi Spark Another Standoff With World Economy at Risk  Bloomberg.com Bessent: China Tariff Hike Doesn’t Have to Happen  The Wall Street Journal Treasury Secretary Bessent accuses China of ‘financing war’ as US-China trade tensions escalate  Fox Business Source link

The U.S. bought Argentine pesos, Bessent says  Axios Big Investors Await Windfall From Trump’s Argentina Bailout  The New York Times Trump Lifeline Does Little to Boost Milei With Argentina Voters  Bloomberg.com Bessent says US purchased pesos and finalized framework for $20 billion lifeline for Argentina  CNN The Argentine peso, and Javier Milei, are in trouble  The Economist Source link

U.S. Secretary of the Treasury Scott Bessent leaves the Economy Ministry building, days after Argentine President Javier Milei’s administration sealed a new loan deal with the IMF, in Buenos Aires, Argentina April 14, 2025.  Agustin Marcarian | Reuters The U.S. government purchased Argentine pesos and finalized a $20 billion currency swap framework with Argentina’s central bank, U.S. Treasury Secretary Scott Bessent said on Thursday, …

Bessent Taps Social Security Chief to Serve as C.E.O. of I.R.S.  The New York Times Treasury Secretary Bessent to remain as IRS commissioner after filling role on temporary basis, sources say  CNBC Treasury names Social Security head as CEO of IRS  CNN Social Security Administrator Frank Bisignano is named to the newly created position of IRS CEO  AP News Frank Bisignano named CEO of …

Treasury Secretary Scott Bessent described Argentina as a “beacon” for South America, saying its leader President Javier Milei is doing a “fantastic job” of reversing decline in the country. And Bessent hinted that he hoped the turnaround of Argentina—with the White House’s help—may cause a ripple effect throughout the region. The U.S. government has been clear that it will support …

Farm bailout news coming next Tuesday, Bessent says  Axios Trump making plans to send billions in cash bailouts to farmers with taxpayer money  Politico Bessent Sees China Progress as Soy Fight Echoes Rare-Earth Spat  Bloomberg.com Trump signals bailout for soybean farmers hit by tariff war  The Hill US to support soybean farmers amid China lag, expect news Tuesday, Bessent says  Reuters Source link

Treasury Secretary Scott Bessent said Thursday that U.S. economic growth could be hurt by the government shutdown. “This isn’t the way to have a discussion, shutting down the government and lowering the GDP,” Bessent said during a CNBC “Squawk Box” interview. “We could see a hit to the GDP, a hit to growth and a hit to working America.” The …

Speculators seeking to profit from the selloffs racing through Argentina’s markets were stopped dead in their tracks by a powerful investor willing to take the opposite side of the trade: The US government. The strong show of support for President Javier Milei from US Treasury Secretary Scott Bessent — first by pledging to use “all options,” and then by announcing …

US ready to support Argentina with $20 billion swap line, Bessent says  Reuters US Readies $20 Billion Rescue to Help Milei Win in Argentina  Bloomberg.com Argentina’s finances just got even more surreal  The Economist Milei Is Counting on Trump to Bail Argentina Out of an Economic Mess  The Wall Street Journal U.S. Pledges Support for Argentina’s Economy and Javier Milei  The New York Times Source …