PoliticsBessent to Meet He Lifeng Ahead of Trump-Xi Summit
Treasury Secretary Scott Bessent is set to meet his Chinese counterpart, He Lifeng, ahead of a summit between President Donald Trump and Xi Jinping.

United States Secretary of the Treasury
United States Secretary of the Treasury (2025–)
| Born | 1962-08-21 · Conway, South Carolina |
|---|---|
| Party | Republican |
| Offices |
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| Education | Yale University (BA) |
Portrait: United States Department of the Treasury · Public domain · Wikimedia Commons
What this person said on the record, as reported, newest first.

U.S. Treasury Secretary Scott Bessent said the United States and China should recognize their differences over artificial intelligence while exploring cooperation to reduce its risks and competing for AI supremacy.
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Reuters

Treasury Secretary Scott Bessent holds a press conference for a fraud task force in St. Cloud, Minnesota.
TThe White House

US Treasury Secretary Scott Bessent laid out a lengthy set of demands for the World Bank aligned with the Trump administration’s interests. They include lifting its ban on financing upstream oil and gas projects, directing resources toward deep-sea critical-mineral mining and changing procurement policies.
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Reuters

Treasury Secretary Scott Bessent discusses economic sanctions on Iran and Russia, maritime tensions in the Gulf of Oman and Treasury policies criticized by Democratic politicians on 'Fox & Friends Weekend.'
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Fox News

Treasury Secretary Scott Bessent discusses U.S. industry growth under the Trump administration, socialism and efforts to reduce nickel production costs on “The Ingraham Angle.”
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Fox News

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.
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CNBC

Scott Bessent, the U.S. Treasury secretary, said Wednesday that the United States and China had reached an accord to maintain the “Busan agreement” until January.
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Reuters

Treasury Secretary Scott Bessent said the United States and China agreed to extend their trade truce through Jan. 10. The arrangement had been scheduled to expire in November.
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NBC News

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

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.
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Bloomberg News
Reports that mention this person, by story.
Treasury Secretary Scott Bessent is set to meet his Chinese counterpart, He Lifeng, ahead of a summit between President Donald Trump and Xi Jinping.

Markets can run into trouble when they become excessively stretched, even without fraud.
Treasury Secretary Scott Bessent said he will meet Chinese counterpart He Lifeng this weekend, ahead of a summit between President Donald Trump and Xi Jinping later this month.
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.
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.

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.

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.

U.S. Treasury Secretary Scott Bessent is testifying before the House Financial Services Committee.

Treasury Secretary Scott Bessent could face questions from Congress about rising energy prices, Federal Reserve policy, government debt and the Trump team’s economic agenda.

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.
