Scott Bessent

Treasury Secretary Scott Bessent took aim at California Governor Gavin Newsom during a speech at the World Economic Forum this week, focusing on Newsom’s economic record, his presence in Davos alongside Alex Soros, and his handling of issues such as homelessness, budget deficits, and pandemic-era policies.

Rep. Randy Feenstra has introduced legislation aimed at preventing individuals receiving public assistance from wiring money internationally, citing taxpayer abuse and recent high-profile fraud scandals as key motivations for the measure.

Treasury Secretary Scott Bessent announced sweeping new sanctions Thursday on senior Iranian officials and regime-linked financial networks, saying Tehran’s ruling elite are “rats fleeing the ship” as they frantically wire tens of millions of dollars out of the country amid mounting unrest.

Argentina repaid the $2.5 billion it drew down from a $20 billion swap line that President Javier Milei signed with the administration of President Donald Trump, Secretary of the Treasury Scott Bessent announced over the weekend.

Cash payments will be waiting for whistleblowers who provide information related to Minnesota’s unfolding fraud scandal, U.S. Treasury Secretary Scott Bessent said Friday.

The United States has withdrawn from the Green Climate Fund and relinquished its seat on the fund’s board, according to a Treasury Department announcement describing the move as aligned with the Trump administration’s exit from the U.N. Framework Convention on Climate Change.

Speaking to business leaders at the Economic Club of Minnesota, Bessent laid out a vision of an economy revitalized by strategic government intervention in trade, sweeping changes to the tax code, and a sharp pivot away from regulations he said had stifled entrepreneurship and innovation.

Education Secretary Linda McMahon called for Gov. Tim Walz (D-MN) to resign over reports of massive education fraud within Minnesota’s college system.

Treasury Secretary Scott Bessent says President Donald Trump’s mass deportation agenda is helping bring rents down.

White House Chief of Staff Susie Wiles blasted Vanity Fair on Tuesday for its “disingenuously framed hit piece,” which she says omitted crucial context.

An economic boom is coming in the first two quarters of 2026, Jason Miller, senior advisor to President Trump, said during an appearance on Breitbart News Saturday, predicting the economy will “take off like a rocket ship” in 2026.

This is the Breitbart Business Digest weekly wrap, in which we coincidentally run through the economic and financial news of the previous seven days.

Minnesota’s leftist governor, Tim Walz (D), is apparently trying to manage the massive fraud case that has brought heavy criticism from government leaders.

Treasury Secretary Scott Bessent on Thursday outlined a sweeping reset of the U.S. government’s main financial stability watchdog, arguing that the Financial Stability Oversight Council should treat economic growth and economic security as preconditions for stability, not competing goals

Treasury Secretary Scott Bessent called Govs. Kathy Hochul (D-NY), Jared Polis (D-CO), and JB Pritzker (D-IL) the “Grinches Who Stole Christmas” for their states’ refusal to conform to President Donald Trump’s July 4 tax relief bill in a Wednesday social media post. 

President Donald Trump lauded Treasury Secretary Scott Bessent as “our savior” to cheers from the crowd during his speech in Mount Pocono, Pennsylvania, on Tuesday.

President Donald Trump announced Monday with Agriculture Secretary Brooke Rollins that his administration will use $11 billion of tariff revenue to economically aid the nation’s farmers.

Federal Reserve Governor Stephen Miran in a speech in November detailed how he believes that stablecoins might help lead America’s financial “reboot,” which may lower interest rates.

Rep. Anna Paulina Luna (R-FL) announced that she had filed a discharge petition that would force a House vote to ban Congressional lawmakers from stock trading.

Billionaires Michael and Susan Dell together pledged $6.25 billion Tuesday to fund investment accounts for some 25 million American children.

Treasury Secretary Scott Bessent announced that the Treasury Department was investigating reports that Minnesota taxpayer funds “may have been diverted to the terrorist organization” Al-Shabaab.

Monday on “The Alex Marlow Show,” Secretary of the Treasury Scott Bessent talked about Jeffrey Epstein associate Larry Summers’  “fascination with one of the biggest Chinese propagandists in the world.”

On Monday’s “The Alex Marlow Show,” Secretary of the Treasury Scott Bessent discussed the moment he knew Hillary Clinton would lose the 2016 presidential race.

President Donald Trump on Monday signed an executive order directing a review of Muslim Brotherhood chapters to determine if they deserve foreign terrorist organizations (FTO) designations. 

Treasury Secretary Scott Bessent told Breitbart Business Digest in an exclusive interview that the Trump administration is determined to end America’s dangerous dependence on China for critical materials and pharmaceuticals, describing the effort as “taking back our sovereignty.”

“I have facts. They have opinions.” That’s how Treasury Secretary Scott Bessent answered me when I asked him why he seems to have such an easy time dismantling the arguments of establishment media reporters.

Treasury Secretary Scott Bessent explained on Meet the Press that the Office of Foreign Assets Control (OFAC) would remove eight persons from its sanctions list on Monday, arguing that the Europeans are the real “laggards” in sanctions on Russia.

The Trump administration has successfully addressed the “three I’s” that he said were devastating working-class Americans: immigration, interest rates, and inflation, Treasury Secretary Scott Bessent said in an exclusive interview with Breitbart Business Digest co-authors Alex Marlow and John Carney

During an appearance on NBC’s “Meet the Press” on Sunday, Treasury Secretary Scott Bessent said Democratic lawmakers’ video message to military members about illegal orders “helps our enemies.”

The Treasury Department will issue a new rule that prevents illegal aliens and foreign nationals from securing income tax credits.

Sens. Bill Hagerty (R-TN) and Angela Alsobrooks (D-MD) introduced legislation that would seek to empower Main Street banks and credit unions by boosting their deposit insurance coverage for noninterest-bearing transaction accounts.

Treasury Secretary Scott Bessent predicted that the United States will see a “substantial acceleration” in the economy in the first or second quarter of 2026.

The International Energy Agency (IEA) documented a drop in Russian oil export revenue of over $13 billion between October and November in a report published on Thursday, a potential signal that President Donald Trump’s sanctions on Russia’s oil industry imposed in late October have begun to affect the market.

President Donald Trump’s top deputies are sparring over the H-1B visa program, which is profitable for investors but increasingly toxic among the younger voters needed by the GOP in the 2026 midterm elections.

Wednesday on Fox News Channel’s “Fox & Friends,” Treasury Secretary Scott Bessent said soon “real wages are going to increase,” which will ease the affordability issues.

Russian energy company Lukoil on Monday declared force majeure at West Qurna-2, a huge oilfield in Iraq. The Iraqi government has reportedly halted all payments to Lukoil due to U.S. sanctions imposed in October.