Scott Bessent - Page 4

Exclusive–Bessent Warns of ‘Caracas on the Hudson’ as Young Voters Turn to Socialism: ‘They’re Disillusioned with the System’

Treasury Secretary Scott Bessent warned that left-wing figures like New York City Mayoral Candidate Zohran Mamdani are gaining traction among young voters who have grown skeptical of the system, comparing the situation to “Caracas on the Hudson” and arguing that the antidote is broad-based ownership and economic stakeholding.

Bessent

Trump Says U.S. ‘Close to Making a Deal’ with Protectionist India

President Donald Trump told reporters on Monday that his administration is close to finalizing a trade deal with India. India hedged its bets last week by notifying the World Trade Organization (WTO) that it could impose up to $724 million in retaliatory tariffs against American goods if a trade deal is not reached.

US President Donald Trump meets with Indian Prime Minister Narendra Modi in the Oval Offic

Mexican Government Rushes to Defend Cartel-Connected Banks Targeted for Sanctions by U.S. Treasury Department

Mexico’s government is rushing to the aid of two Mexican-based banks and a brokerage firm that the U.S. Department of the Treasury accused of working with various cartels to launder money or helping them move money to China to pay for fentanyl precursors. Mexican officials questioned the validity of the Treasury Department’s sanctions, stating that the claims lack sufficient evidence to support the allegations.

FILE: Getty Images

Trump Policies Cut Migration, Raise Wages

President Donald Trump’s popular enforcement of migration law has been accompanied by a two percent gain in wages for blue-collar Americans, according to economic evidence touted by Treasury Secretary Scott Bessent.

Two window washer men working on the facade of the Greektown Casino and Hotel. (Photo by R