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Scott Bessent

Scott Bessent

United States Secretary of the Treasury

259 related reports

Profile details

United States Secretary of the Treasury (2025–)

Born1962-08-21 · Conway, South Carolina
PartyRepublican
Offices
  • United States Secretary of the Treasury2025-01-28–presentPreceded by: Janet Yellen
  • Acting Commissioner of Internal Revenue2025-08-08–2026-03-06Preceded by: Billy Long
  • Acting Director of the Consumer Financial Protection Bureau2025-02-03–2025-02-07Preceded by: Zixta Martinez · Succeeded by: Russell Vought
EducationYale University (BA)

Wikipedia

Portrait: United States Department of the Treasury · Public domain · Wikimedia Commons

Statements

What this person said on the record, as reported, newest first.

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Related reports

Reports that mention this person, by story.

EconomyBessent pushes back on fears over US debt market strains

U.S. Treasury Secretary Scott Bessent dismissed concerns about turbulence in the government bond market, saying fears over rising debt and yields fail to account for the strength of the U.S. economy and its fiscal outlook.

US debtbond marketScott Bessent

RReutersOriginal★★★☆☆2026-08-31 09:45

Bessent pushes back on fears over US debt market strains
Bessent pushes back on fears over US debt market strains

EconomyLIVE: Scott Bessent hosts G20 finance ministers meeting in North Carolina

U.S. Treasury Secretary Scott Bessent is hosting a meeting of G20 finance ministers in Asheville, North Carolina, with the event being broadcast live.

G20finance ministersUnited States Treasury

TThe Associated PressOriginal★★☆☆☆2026-08-31 09:09

LIVE: Scott Bessent hosts G20 finance ministers meeting in North Carolina
LIVE: Scott Bessent hosts G20 finance ministers meeting in North Carolina

EconomyBessent expects new US secondary sanctions on Iran every week

U.S. Treasury Secretary Scott Bessent told Reuters on Sunday that the Treasury Department is likely to announce new secondary sanctions each week to increase economic pressure on Iran, initially focusing on banks.

US sanctionsIranbanks

RReutersOriginal★★★★☆2026-08-31 00:00

Bessent expects new US secondary sanctions on Iran every week
Bessent expects new US secondary sanctions on Iran every week

EconomyBessent says yen moves are ‘pretty contained,’ not disorderly

U.S. Treasury Secretary Scott Bessent said Sunday that recent moves in the yen were “pretty well contained,” indicating that its renewed slide was not viewed as the kind of disorderly trading that prompted a rare joint Japan-U.S. intervention last month.

yenU.S. TreasuryJapan economy

RReutersOriginal★★★☆☆2026-08-30 23:35

Bessent says yen moves are ‘pretty contained,’ not disorderly
Bessent says yen moves are ‘pretty contained,’ not disorderly

EconomyBessent says G20 should consider more trade barriers with China

U.S. Treasury Secretary Scott Bessent said he would urge G20 members to reconsider their trade terms with China to reduce global imbalances and press Beijing to shift its economy away from exports toward greater domestic consumption.

G20China tradeglobal imbalances

RReutersOriginal★★★★☆2026-08-30 23:25

Bessent says G20 should consider more trade barriers with China
Bessent says G20 should consider more trade barriers with China

EconomyUS Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war and bond turmoil

U.S. Treasury Secretary Scott Bessent faces a major test of his economic diplomacy this week as he urges finance leaders from the G20 economies to reduce global trade imbalances, support growth and cut business ties with Iran. He must also ease concerns over rising U.S. debt and bond yields.

US TreasuryG20TariffsIran war

RReutersOriginal★★★★☆2026-08-30 10:15

US Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war and bond turmoil
US Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war and bond turmoil

EconomyBessent warns disorderly yen moves could destabilize global markets

U.S. Treasury Secretary Scott Bessent said disorderly moves in the yen could force investors to unwind positions, threatening global market stability and ultimately increasing borrowing costs for U.S. households and businesses.

yenglobal marketsborrowing costs

RReutersOriginal★★★★☆2026-08-29 20:25

Bessent warns disorderly yen moves could destabilize global markets
Bessent warns disorderly yen moves could destabilize global markets

EconomyWill Bessent’s bond market intervention make U.S. inflation worse?

U.S. Treasury Secretary Scott Bessent’s recent intervention in the bond market has alarmed many investors and analysts. Avneet Dhillon examines concerns that Bessent’s effort to calm markets and lower borrowing costs could instead worsen inflation.

U.S. Treasurybond marketinflation

CCBC NewsOriginal★★★☆☆2026-08-28 21:28

Will Bessent’s bond market intervention make U.S. inflation worse?
Will Bessent’s bond market intervention make U.S. inflation worse?

EconomyBessent and Warsh diverge over who should set the price of money

Treasury Secretary Scott Bessent and Federal Reserve Chair Kevin Warsh appear divided over a central question in U.S. financial policy: how hands-off policymakers should be when determining the price of money.

U.S. financial policyFederal Reserveinterest rates

RReutersOriginal★★★☆☆2026-08-27 06:01

Bessent and Warsh diverge over who should set the price of money
Bessent and Warsh diverge over who should set the price of money
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