UAE Quits OPEC. It Could Be the End for the Oil Cartel.
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The secretary told senators that Treasury lost “confidence” in Booz years after a contractor shared tax returns with media outlets. That breach took place on government systems, the company noted.
A political clash has ignited online between US Treasury Secretary Scott Bessent and Senator Bernie Sanders regarding the inclusion of Chinese scientists in a crucial AI safety forum. Sanders advocates for international cooperation to address AI's existential threat,
President Donald Trump, asked on CNBC's "Squawk Box" this week about a possible UAE swap line, appeared to say he is in favor of it.
Treasury Secretary Scott Bessent is urging Americans to lower their tax withholding to instantly boost their take-home pay.
The Treasury secretary looks ahead to the Beijing summit and discusses AI, energy, taxes, bank regulation and more.
U.S. Treasury Secretary Scott Bessent doubled down on economic pressures on Iran on Tuesday. Watch Bessent's testimony on President Donald Trump's budget request in the video player above. In a post on X Tuesday evening,
Treasury Secretary Scott Bessent says the U.S. does not plan a third renewal of a waiver allowing the purchase of Russian oil that is currently at sea.
Treasury Secretary Scott Bessent clapped back at Democratic Maryland Sen. Chris Van Hollen Wednesday after being accused of allowing wealthy people to dodge their taxes. During a […]
Treasury Secretary Scott Bessent says the Trump administration expects banks to comply in collecting citizenship information from customers.
Treasury Secretary Scott Bessent and Sen. Chris Coons clash over claims that Iran gained $14 billion from temporary U.S. sanctions relief on oil.
Treasury Secretary Scott Bessent is testifying before the Senate appropriations committee on President Donald Trump’s 2027 budget request. TRUMP OPPOSES UNITED AIRLINES MERGER WITH AMERICAN AIRLINES His testimony is slated to begin at 10 a.
On Monday, Treasury Secretary Scott Bessent criticized Sen. Bernie Sanders' (I-Vt) upcoming Capitol Hill AI safety forum, arguing that America's greatest AI risk is allowing foreign powers — particularly China — to influence how the U.