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EconomyHow Scott Bessent Is Targeting a Favorite Wall Street Tax Strategy

The US Treasury Department has warned Wall Street that authorities are moving to curb some of the most aggressive investment strategies investors use to reduce their tax bills.

US TreasuryWall Streetinvestment tax strategies

BBloomberg NewsOriginal★★☆☆☆2026-09-29 21:30

How Scott Bessent Is Targeting a Favorite Wall Street Tax Strategy
How Scott Bessent Is Targeting a Favorite Wall Street Tax Strategy

EconomyBessent urges Fed to keep an ‘open mind’ on US inflation outlook

Treasury Secretary Scott Bessent said Federal Reserve policymakers should remain open-minded about interest rates, arguing that productivity gains from artificial intelligence and deregulation will help keep US inflation under control.

US inflationFederal Reserveinterest ratesartificial intelligence

BBloomberg NewsOriginal★★★☆☆2026-09-27 21:05

Bessent urges Fed to keep an ‘open mind’ on US inflation outlook
Bessent urges Fed to keep an ‘open mind’ on US inflation outlook

EconomyBessent: Iran is on its KNEES

Treasury Secretary Scott Bessent discusses the condition of Iran’s economy and the strength and resilience of the U.S. economy.

Iran economyU.S. economyScott Bessent

FFox NewsOriginal★★★☆☆2026-09-27 19:30

Bessent: Iran is on its KNEES
Bessent: Iran is on its KNEES

EconomyBessent Says US, China Agreed to Extend Trade Truce to Jan. 10

Treasury Secretary Scott Bessent said the US and China agreed to prolong their trade-war truce by two months while continuing efforts toward a potentially broader accommodation between the world’s two largest economies.

US-China relationstrade trucetrade negotiations

BBloomberg NewsOriginal★★★★☆2026-09-24 04:30

Bessent Says US, China Agreed to Extend Trade Truce to Jan. 10
Bessent Says US, China Agreed to Extend Trade Truce to Jan. 10

EconomyU.S.-China trade truce extended for two months, Bessent says, as Xi begins state visit

Scott Bessent said the U.S.-China trade truce will be extended to Jan. 10, beyond its planned November expiration. He said the extension reflects the need for Beijing to complete additional deliverables as Xi Jinping begins a state visit.

U.S.-China tradetrade truceXi JinpingScott Bessent

CCNBCOriginal★★★★☆2026-09-23 23:59

U.S.-China trade truce extended for two months, Bessent says, as Xi begins state visit
U.S.-China trade truce extended for two months, Bessent says, as Xi begins state visit

PoliticsBessent WARNS: The world has NEVER seen anything like this…

Treasury Secretary Scott Bessent discusses US-China relations as Chinese President Xi Jinping arrives in Washington, along with artificial intelligence and Iran.

US-China relationsScott Bessentartificial intelligenceIran

FFox NewsOriginal★★★★☆2026-09-23 22:18

Bessent WARNS: The world has NEVER seen anything like this…
Bessent WARNS: The world has NEVER seen anything like this…

PoliticsBessent, China’s He to tackle ‘unfinished business’ before Trump-Xi summit

U.S. Treasury Secretary Scott Bessent said he and Chinese Vice Premier He Lifeng would meet for a second time this week to clear up “unfinished business” ahead of the summit between Donald Trump and Xi Jinping.

US-China relationsDonald TrumpXi Jinpingdiplomacy

RReutersOriginal★★★★☆2026-09-23 15:50

Bessent, China’s He to tackle ‘unfinished business’ before Trump-Xi summit
Bessent, China’s He to tackle ‘unfinished business’ before Trump-Xi summit

TechScott Bessent meets Chinese official to discuss AI safety

Treasury Secretary Scott Bessent says the United States is proposing an AI safety notification mechanism for President Trump and Chinese leader Xi Jinping to consider at their upcoming summit in Washington. U.S.-China discussions on AI safety are continuing.

AI safetyU.S.-China relationsScott Bessent

NNBC NewsOriginal★★★★☆2026-09-22 01:29

Scott Bessent meets Chinese official to discuss AI safety
Scott Bessent meets Chinese official to discuss AI safety

PoliticsTreasury Secretary Bessent speaks to CNBC as Trump administration faces affordability concerns

Treasury Secretary Bessent spoke with CNBC as the Trump administration confronts affordability concerns. Over the weekend, Bessent met with his Chinese counterpart, He Lifeng, ahead of a summit between Chinese President Xi Jinping and President Donald Trump.

U.S. politicsU.S.-China relationsaffordability

CCNBCOriginal★★★☆☆2026-09-21 11:05

Treasury Secretary Bessent speaks to CNBC as Trump administration faces affordability concerns
Treasury Secretary Bessent speaks to CNBC as Trump administration faces affordability concerns

WorldBessent Says Talks Were “Very Successful,” Trump-Mamdani Meeting and More

Bloomberg News Now rounds up today’s top stories, including Bessent’s description of talks as “very successful,” a meeting between Trump and Mamdani, and other global business news. The report is updated throughout the day.

Bloomberg NewsBessentTrumpglobal business

BBloomberg NewsOriginal★☆☆☆☆2026-09-21 08:30

Bessent Says Talks Were “Very Successful,” Trump-Mamdani Meeting and More
Bessent Says Talks Were “Very Successful,” Trump-Mamdani Meeting and More

EconomyBessent says U.S.-China trade talks were 'very successful'

Treasury Secretary Scott Bessent said the U.S.-China trade talks were “very successful,” with agreements to operationalize initiatives and establish a bilateral dialogue on artificial intelligence.

U.S.-China relationstrade talksartificial intelligence

RReutersOriginal★★★★☆2026-09-21 05:47

Bessent says U.S.-China trade talks were 'very successful'
Bessent says U.S.-China trade talks were 'very successful'

PoliticsBessent-He Talks Set the Stage for Trump-Xi Summit

Bloomberg Television’s “The China Show” highlights Bessent’s account of progress with China on trade and AI, along with bond traders’ views of U.S. Treasuries, ahead of the Trump-Xi summit.

US-China relationsTrumpXi Jinpingtradeartificial intelligence

BBloomberg TelevisionOriginal★★★☆☆2026-09-21 05:09

Bessent-He Talks Set the Stage for Trump-Xi Summit
Bessent-He Talks Set the Stage for Trump-Xi Summit

TechU.S. proposes exchanging AI safety alerts with China, Bessent says

Treasury Secretary Scott Bessent said Sunday that the United States has proposed a new mechanism for notifying China about AI safety issues. President Donald Trump and Chinese leader Xi Jinping are expected to consider it at their summit in Washington this week.

AI safetyU.S.-China relationsWashington summit

NNBC NewsOriginal★★★★☆2026-09-21 04:46

U.S. proposes exchanging AI safety alerts with China, Bessent says
U.S. proposes exchanging AI safety alerts with China, Bessent says

EconomyThe BOJ’s Balancing Act With Bessent Is Only Going to Get Harder

Bank of Japan Governor Kazuo Ueda raised rates as US Treasury Secretary Scott Bessent wanted, but he is also facing pressure from his own government, making the balancing act increasingly difficult.

Bank of Japaninterest ratesUS Treasury

BBloomberg NewsOriginal★★★☆☆2026-09-21 03:37

The BOJ’s Balancing Act With Bessent Is Only Going to Get Harder
The BOJ’s Balancing Act With Bessent Is Only Going to Get Harder

PoliticsBessent Hails ‘Very Successful’ China Talks on AI Threats, Trade

US Treasury Secretary Scott Bessent called discussions with Chinese counterparts on artificial intelligence, trade and investment “very successful.” China described the talks as positive ahead of this week’s summit between Donald Trump and Xi Jinping.

US-China relationsartificial intelligencetradeinvestment

BBloomberg NewsOriginal★★★★☆2026-09-21 02:45

Bessent Hails ‘Very Successful’ China Talks on AI Threats, Trade
Bessent Hails ‘Very Successful’ China Talks on AI Threats, Trade

PoliticsHIGH-STAKES SUMMIT: Trump to meet Xi as Bessent hosts China’s vice premier

Fox News correspondent Alex Hogan reports that President Donald Trump will meet Chinese President Xi Jinping at a summit, while Bessent hosts China’s vice premier. The report also covers the United Nations General Assembly.

TrumpXi JinpingUS-China relationsdiplomacy

FFox NewsOriginal★★★★☆2026-09-21 00:45

HIGH-STAKES SUMMIT: Trump to meet Xi as Bessent hosts China’s vice premier
HIGH-STAKES SUMMIT: Trump to meet Xi as Bessent hosts China’s vice premier

PoliticsBessent Talks With China’s He, Trump-Mamdani Meeting, More

Bloomberg News Now audio report highlights Scott Bessent’s talks with China’s He Lifeng, a meeting between Donald Trump and Zohran Mamdani, and other leading stories. The program is updated throughout the day and covers global business news.

Scott BessentHe LifengDonald Trumpglobal business

BBloomberg NewsOriginal★★☆☆☆2026-09-21 00:30

Bessent Talks With China’s He, Trump-Mamdani Meeting, More
Bessent Talks With China’s He, Trump-Mamdani Meeting, More

PoliticsBessent and He Lifeng meet in New York ahead of Trump-Xi summit

On the final weekend before Xi Jinping’s visit to the United States, Treasury Secretary Scott Bessent and Trade Representative Greer met Chinese Vice Premier He Lifeng at JPMorgan’s headquarters in New York. It was the latest face-to-face consultation between the U.S. and Chinese economic teams before the Trump-Xi summit.

U.S.-China relationstrade talksNew York

VVOA ChineseOriginal★★★★☆2026-09-21 00:03

Bessent and He Lifeng meet in New York ahead of Trump-Xi summit
Bessent and He Lifeng meet in New York ahead of Trump-Xi summit

OtherBessent Talks With China’s He, Trump-Mamdani Meeting and More

Bloomberg News Now delivers a continuously updated audio briefing on the day’s leading stories, including Treasury Secretary Scott Bessent’s talks with China’s He Lifeng and a meeting between Donald Trump and Zohran Mamdani.

Scott BessentHe LifengDonald TrumpZohran Mamdani

BBloomberg NewsOriginal★☆☆☆☆2026-09-20 23:00

Bessent Talks With China’s He, Trump-Mamdani Meeting and More
Bessent Talks With China’s He, Trump-Mamdani Meeting and More

PoliticsBessent, China’s He to launch talks on AI, trade and critical minerals

U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are due to meet on Sunday to lay the groundwork for possible agreements on artificial intelligence, tariffs and critical minerals ahead of a high-stakes Washington summit between Donald Trump and Xi Jinping this week.

U.S.-China relationstrade talksartificial intelligencecritical minerals

RReutersOriginal★★★★☆2026-09-20 05:10

Bessent, China’s He to launch talks on AI, trade and critical minerals
Bessent, China’s He to launch talks on AI, trade and critical minerals

EconomyUS Treasury Secretary Bessent to meet China's He at JPMorgan headquarters

US Treasury Secretary Scott Bessent will meet Vice Premier He Lifeng on Sunday at JPMorgan Chase headquarters in New York, a person familiar with the planning said. The talks are expected to cover AI security, trade and other economic matters.

US-China relationstradeAI security

RReutersOriginal★★★★☆2026-09-19 18:40

US Treasury Secretary Bessent to meet China's He at JPMorgan headquarters
US Treasury Secretary Bessent to meet China's He at JPMorgan headquarters

EconomySource: Bessent plans New York meeting with China's He on AI and rare earths

A person familiar with Scott Bessent’s plans said the US Treasury secretary intends to meet China’s Vice Premier He Lifeng in New York this weekend. The planned discussion would cover artificial intelligence, trade, rare earths and economic matters.

US-China relationsartificial intelligencerare earths

RReutersOriginal★★★☆☆2026-09-18 19:15

Source: Bessent plans New York meeting with China's He on AI and rare earths
Source: Bessent plans New York meeting with China's He on AI and rare earths

EconomyBessent Pushes as BOJ Splinters Over Rate Hike

The program examines the Bank of Japan’s rate increase at its fastest pace since 1990, along with debate over policy normalization and the wider economic discussion involving Bessent.

Bank of Japaninterest ratesmonetary policy

BBloomberg TelevisionOriginal★★★☆☆2026-09-18 07:02

Bessent Pushes as BOJ Splinters Over Rate Hike
Bessent Pushes as BOJ Splinters Over Rate Hike

EconomyInsight: How Bessent, America’s ‘bond salesman,’ pressured Japan on spending

When Japanese Finance Minister Satsuki Katayama called U.S. Treasury Secretary Scott Bessent in June for help supporting the plunging yen, he delivered a familiar message: Tokyo would need to put its fiscal house in order if it wanted assistance.

U.S. fiscal policyJapanyenbond markets

RReutersOriginal★★★☆☆2026-09-17 23:15

Insight: How Bessent, America’s ‘bond salesman,’ pressured Japan on spending
Insight: How Bessent, America’s ‘bond salesman,’ pressured Japan on spending

PoliticsBessent Says He Supports Plan for $5,000 Checks to Americans

Treasury Secretary Scott Bessent said he supports President Donald Trump’s proposal to send $5,000 checks to American adults if Republicans preserve their congressional majorities, while downplaying concerns about the plan’s potential cost.

US politicsfiscal policycash payments

BBloomberg NewsOriginal★★★☆☆2026-09-16 01:00

Bessent Says He Supports Plan for $5,000 Checks to Americans
Bessent Says He Supports Plan for $5,000 Checks to Americans

EconomyBessent calls Treasury bond buybacks a success

U.S. Treasury Secretary Scott Bessent told a House Financial Services Committee hearing that recent Treasury buybacks were successful and reinforced U.S. credibility, even as the 10-year yield recently climbed above 5%.

US Treasurybond buybacksTreasury yields

RReutersOriginal★★★☆☆2026-09-15 19:49

Bessent calls Treasury bond buybacks a success
Bessent calls Treasury bond buybacks a success

EconomyBessent Says US Used a ‘Nominal’ Amount in Yen Intervention

US Treasury Secretary Scott Bessent says Washington’s engagement with Japan over currency intervention was part of an ongoing dialogue. He says Japan’s finance ministry is highly transparent with the US and that the amount used by the US was nominal.

US TreasuryJapanyen intervention

BBloomberg TelevisionOriginal★★☆☆☆2026-09-15 17:20

Bessent Says US Used a ‘Nominal’ Amount in Yen Intervention
Bessent Says US Used a ‘Nominal’ Amount in Yen Intervention

EconomyBessent says strong dollar rests on credibility and policy certainty

U.S. Treasury Secretary Scott Bessent said on Tuesday that the dollar remains strong as a reserve currency, while rising global transaction volumes reflect the credibility of the U.S. system and the actions of the current administration.

US dollarUS Treasuryreserve currency

RReutersOriginal★★★☆☆2026-09-15 16:50

Bessent says strong dollar rests on credibility and policy certainty
Bessent says strong dollar rests on credibility and policy certainty

EconomyInside Carlyle’s Global Investment Conference, Bessent Faces Big Questions

At Carlyle’s Global Investor Conference, discussions cover defense technology, artificial intelligence and the credit outlook. The program also examines pressure on the Federal Reserve, questions about an AI slowdown and Scott Bessent’s Capitol Hill focus on inflation, energy and AI.

Carlyle GroupScott BessentFederal ReserveArtificial intelligence

BBloomberg TelevisionOriginal★★☆☆☆2026-09-15 16:46

Inside Carlyle’s Global Investment Conference, Bessent Faces Big Questions
Inside Carlyle’s Global Investment Conference, Bessent Faces Big Questions

EconomyBessent Says Trump’s Intent on $5,000 Checks Is ‘Very Real’

Treasury Secretary Scott Bessent says the department is examining President Donald Trump’s proposal to give every American adult $5,000 if Republicans retain control of Congress after the November elections. Bessent says Trump’s intent is very real.

Donald TrumpU.S. Treasuryeconomic policy

BBloomberg TelevisionOriginal★★★☆☆2026-09-15 16:36

Bessent Says Trump’s Intent on $5,000 Checks Is ‘Very Real’
Bessent Says Trump’s Intent on $5,000 Checks Is ‘Very Real’

PoliticsRep. Waters Presses Bessent on Inflation, Iran and Tariffs

US Representative Maxine Waters sharply criticizes Treasury Secretary Scott Bessent during testimony before a House Finance panel, blaming the administration’s tariffs, trade disputes and Iran policy for higher prices and rising borrowing costs.

US politicsinflationtariffsIran

BBloomberg TelevisionOriginal★★★☆☆2026-09-15 15:26

Rep. Waters Presses Bessent on Inflation, Iran and Tariffs
Rep. Waters Presses Bessent on Inflation, Iran and Tariffs

PoliticsBessent Says He’ll Meet With China’s He Lifeng This Weekend

US Treasury Secretary Scott Bessent says he will meet with China’s He Lifeng this weekend. Testifying before the House Financial Services Committee, he also says the UAE has taken forward-leaning steps against Iran-linked finance, including cutting off financial transactions and trade with Iran.

US-China relationsdiplomacyIran sanctions

BBloomberg TelevisionOriginal★★★★☆2026-09-15 15:06

Bessent Says He’ll Meet With China’s He Lifeng This Weekend
Bessent Says He’ll Meet With China’s He Lifeng This Weekend

PoliticsBessent Hearing Repeatedly Interrupted by Protesters

Protesters repeatedly interrupted Treasury Secretary Scott Bessent’s testimony on Capitol Hill on Tuesday. He was appearing before the House Financial Services Committee to discuss the international financial system, and police removed the protesters from the room without incident.

US Treasurycongressional hearingprotests

BBloomberg TelevisionOriginal★★☆☆☆2026-09-15 14:58

Bessent Hearing Repeatedly Interrupted by Protesters
Bessent Hearing Repeatedly Interrupted by Protesters

EconomyLIVE: Congress presses Bessent over the global financial system

Lawmakers are pressing Treasury Secretary Scott Bessent at a House Financial Services Committee session for an assessment of global finance and the principal challenges confronting U.S. and worldwide economic activity.

Scott BessentU.S. TreasuryCongressional hearingglobal financial system

FFox NewsOriginal★★★☆☆2026-09-15 12:14

LIVE: Congress presses Bessent over the global financial system
LIVE: Congress presses Bessent over the global financial system
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