Scott Bessent - Page 2

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

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

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.

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.

Sunday on CNN’s “State of the Union,” Treasury Secretary Scott Bessent said a Canadian ad featuring former President Ronald Reagan on tariffs was “the equivalent of election interference.”

Chinese state media ran a few victory laps on Sunday and Monday over news that U.S. and Chinese negotiators reached a provisional trade agreement after two days of talks in Kuala Lumpur, Malaysia. 

Argentine President Javier Milei thanked President Donald Trump on Monday for his support during the midterm elections, which concluded on Sunday with a surprisingly decisive win for Milei’s political party, Liberty Advances.

Sunday on CBS’s “Face the Nation,” Treasury Secretary Scott Bessent said following negotiations, the 100% tariff President Trump threatened to impose on China was “effectively off the table.”

The US and China have finalized a deal to transfer majority ownership of the American version of TikTok to new owners, Treasury Secretary Scott Bessent revealed on Sunday.

Sunday on ABC’s “This Week,” Treasury Secretary Scott Bessent said that he has reached a “substantial framework” in the trade talks between the United States and China.

Indian oil refiners were reportedly unhappy with Wednesday’s news that President Donald Trump imposed heavy sanctions on Russia’s two largest oil companies, Rosneft and Lukoil.

New York City mayoral candidate and state assemblyman Zohran Mamdani defended his proposal to make all city buses free during Wednesday night’s final mayoral debate, estimating the initiative would cost roughly $700 million annually and arguing it would ultimately benefit the city’s economy and environment.

President Donald Trump announced Wednesday that his administration is raising sanctions on Russia in a pressure campaign to bring a close to the Russia-Ukraine war. 

Treasury Secretary Scott Bessent on Wednesday said that Democrats are aiming to reverse many of the hard-fight gains President Donald Trump has achieved by reining in President Joe Biden’s historic levels of deficit spending.

A Wall Street trustee group wants to kill a new $40 million investment fund that refuses to invest in companies who import H-1B visa workers for jobs that would otherwise go to American professionals.

Treasury Secretary Scott Bessent on Wednesday called for the Senate Democrats to end the government shutdown, saying it “may start costing the U.S. economy up to $15 billion a day.”