Treasury Secretary Scott Bessent cast the confrontation with Iran as a two-front war on Thursday, telling President Trump that American economic strength has been as critical to the campaign as the military operation unfolding across the Persian Gulf.
Sunday on NBC’s “Meet the Press,” Treasury Secretary Scott Bessent said the Trump administration was “jiu-jitsuing the Iranians” by “using their own oil against them.”
Thursday on Fox Business Network’s “Mornings with Maria,” Treasury Secretary Scott Bessent said the Trump administration “may unsanction” about 140 million barrels of Iranian oil.
President Donald Trump has decided to delay his trip to China by “a month or so,” reportedly due to the Iran war.
President Donald Trump suggested on Sunday that he might delay his planned trip to China due to the Iran war, especially if China refuses to help secure the Strait of Hormuz against Iranian terror attacks on civilian tankers and cargo ships.
Treasury Secretary Scott Bessent said on Friday that the U.S. Navy will “soon” begin escorting oil tankers through the Strait of Hormuz to protect them from Iranian terrorist attacks.
Republican Study Committee (RSC) and Congressional Real Estate Caucus members, led by Rep. Mark Alford (R-MO), are transmitting a letter Friday morning to Treasury Secretary Scott Bessent, urging the department to use existing authority to index capital gains calculations to inflation, arguing the change could be implemented administratively without requiring new legislation.
Treasury Secretary Scott Bessent said Wednesday the Trump administration plans to raise its across-the-board tariff rate to 15 percent this week, providing a timeline for an increase President Trump had announced but not yet implemented.
U.S. President Donald Trump has threatened to “cut off” all trade with Spain after the socialist-led country refused to allow the American military to use its bases to strike the Islamist regime in Iran during Operation Epic Fury.
Sunday on CNN’s “State of the Union,” Gov. Gavin Newsom (D-CA) said President Donald Trump and Treasury Secretary Scott Bessent had “wrecked this economy.”
Friday on Fox News Channel’s “The Will Cain Show,” Treasury Secretary Scott Bessent reacted to the Supreme Court’s 6-3 ruling against the Trump administration’s use of tariffs under the International Emergency Economic Powers Act (IEEPA).
WASHINGTON–President Donald Trump touted low inflation on Friday while departing the White House en route to Fort Bragg with first lady Melania Trump.
Wages for private-sector workers outpaced inflation by roughly $1,400 during President Donald Trump’s first year in office, according to the White House, after runaway inflation crushed Americans’ buying power during the Biden administration.
On this week’s broadcast of Fox News Channel’s “Sunday Morning Futures,” Treasury Secretary Scott Bessent said the Dow Jones Industrial Average hitting the 50,000 milestone was “telling you that Main Street is about to prosper.”
Treasury Secretary Scott Bessent said Thursday that Iran’s ruling elite are “wiring money out of the country like crazy,” declaring that “the rats are leaving the ship” as the Trump administration’s pressure campaign accelerates the regime’s economic collapse.
Treasury Secretary Scott Bessent shut down Rep. Maxine Waters (D-CA) during a House Financial Services Committee hearing this week as she tried to claim that housing inflation has worsened under the Trump administration.
Senate Republicans on Tuesday urged the Treasury Department and the United States Trade Representative (USTR) to combat illegal Chinese e-cigarettes.
Washington, DC — Rap icon Nicki Minaj shaded the far-left governor of California during a Trump administration event on Wednesday, calling him Gavin “Newscum” and saying Treasury Secretary Scott Bessent “obliterated him” in his recent World Economic Forum speech.
WASHINGTON — Treasury Secretary Scott Bessent told Breitbart News exclusively at the Trump Accounts launch summit at the Mellon Auditorium in downtown Washington DC on Wednesday that these accounts may end up being President Donald Trump’s most “enduring” legacy item that will positively impact generations to come in this country.
China’s state-run Global Times on Wednesday was delighted by the tiff between Canadian Prime Minister Mark Carney and U.S. Treasury Secretary Scott Bessent, urging Carney to prove his mettle by doubling down on the anti-American comments that Bessent claimed he had retracted.
WASHINGTON—President Donald Trump forecasted at Wednesday’s Trump Accounts Summit that the investment accounts will “put $3-$4 trillion of wealth into the hands of young Americans” over the next 15 years.
Rap Megastar Nicki Minaj is pledging hundreds of thousands of dollars to help fund her fans’ babies born during the Trump administration, as part of the president’s new $1,000 tax-advantaged investment accounts program.
Breitbart News speaks with members of the Trump White House and lawmakers at a summit to detail the Trump accounts on Wednesday, January 28.
President Donald Trump has been briefed on U.S. intelligence assessments describing Iran’s regime as being in its weakest position since the 1979 revolution, citing internal dissent, economic collapse, and growing instability, according to officials familiar with the briefings.
Treasury Secretary Scott Bessent said on Monday that during a phone call with President Donald Trump, Canadian Prime Minister Mark Carney “walked back” some of the fiery comments he made at the World Economic Form (WEF) in Davos, Switzerland, last week.
“Acting President” of Venezuela Delcy Rodríguez on Monday responded to “irrelevant and offensive statements” from Treasury Secretary Scott Bessent by asserting Venezuela “does not accept orders from any external factor.”
President Donald Trump’s administration is hosting a summit in Washington, DC, to discuss how the proposed Trump Accounts will financially benefit young Americans in the years to come.
“The Iranian regime is engaged in a ritual of economic self-immolation,” Treasury Secretary Scott Bessent said Friday, as the Trump administration imposed new sanctions on Iran’s oil-export “shadow fleet” amid a widening crackdown on protesters and mounting U.S. pressure across the region.
Treasury Secretary Scott Bessent continued his hilariously accurate attacks on Gov. Gavin Newsom (D-CA) Thursday by pointing out that the failed governor is “in over his hairdo.”
A new report from the conservative group Defend Forgotten America details how 90 rural hospitals nationwide are closed or facing credit downgrades representing what the group calls a “national health access emergency” that demands a solution by President Donald Trump and his administration.
California Governor Gavin Newsom claimed Wednesday the Trump administration blocked him from addressing globalist elites at a World Economic Forum (WEF) event in Davos.
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.
America’s relations with Europe remain strong and trans-Atlantic trading partners are best advised to “take a deep breath” and let tensions driven by the Trump administration’s new tariff proposals over Greenland “play out,” U.S. Treasury Secretary Scott Bessent on Tuesday counseled.
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.
Trump’s deputies are sending hundreds of additional agents to Minneapolis to protect the federal investigation of the Democrats’ fraud-and-migration political machine in Minnesota.
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.
