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
Bessent said the United States and China should have no illusions as they both cooperate and compete on AI. During Xi’s September visit, Washington and Beijing agreed to start an AI dialogue and establish a communications channel to help defuse serious incidents.
C
CNBC
The United States and China should recognize their differences on artificial intelligence while exploring cooperation to reduce the technology’s risks and competing for AI supremacy, Treasury Secretary Scott Bessent said Tuesday.
RReuters
Treasury Secretary Scott Bessent holds a press conference for a fraud task force in St. Cloud, Minnesota.
TThe White House
Speaking at Ripple’s conference, U.S. Treasury Secretary Scott Bessent said crypto could help preserve the dollar’s leading position. He said SEC and CFTC action may fill the gap left by the Clarity Act’s failure while curbing crypto debanking.
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CoinDesk
Bessent cautioned Zelenskyy over allegations that the U.S. is slowing Starlink. The high-speed satellite internet service, provided by Elon Musk’s SpaceX, is critical to Ukraine’s defense.
CCNBC
Treasury Secretary Scott Bessent defended the Trump administration’s policies on Meet the Press after the president waived a sweeping Russia sanctions law and struck a diesel deal with Russian President Vladimir Putin.
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NBC News
In an exclusive Meet the Press interview, Treasury Secretary Scott Bessent does not definitively say whether Ukraine is a U.S. ally. His remarks follow Ukrainian President Zelenskyy’s claim that the U.S. government slowed Starlink, a critical satellite network Ukraine uses for defense.
NNBC News
In an exclusive interview with Meet the Press, Treasury Secretary Scott Bessent said an “energy supply shock” caused by the war in Iran is straining the U.S. economy and predicted that prices will come down afterward.
NNBC News
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.
RReuters
Reports that mention this person, by story.
Fed reporter Ann Saphir says Treasury Secretary Scott Bessent’s drive to lower bond yields is clouding Fed Chair Kevin Warsh’s inflation message. Warsh is due to address global central bankers at Jackson Hole.
RReutersOriginal★★★☆☆2026-08-26 23:21
Strategists said investors were approaching Jackson Hole “on the back foot,” as Scott Bessent’s market intervention added to the pressure on Kevin Warsh.
CCNBCOriginal★★☆☆☆2026-08-26 13:00
Bitwise CIO Matt Hougan said Treasury Secretary Scott Bessent’s recent actions offer an additional macro catalyst. Analysts say Bitcoin’s historic short squeeze may indicate a reset in the bull market.
TThe BlockOriginal★★☆☆☆2026-08-26 11:47
Wall Street is awaiting Nvidia’s Wednesday afternoon earnings, focusing not only on the chipmaker’s figures but also on what they could mean for AI investors and the broader market. Treasury Secretary Scott Bessent’s surprise plan to expand bond buybacks and reduce US borrowing costs has drawn sharp debate, while market metrics and positioning suggest it is already having an effect.
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Bloomberg TelevisionOriginal★★☆☆☆2026-08-26 09:24
CNN analysis says Scott Bessent’s “Operation Economic Outcast” threatens damaging new sanctions against countries that refuse to stop doing business with Iran, but leaves unnamed the one country that could determine whether the effort succeeds: China.
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CNNOriginal★★★★☆2026-08-26 08:00
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore examine the day’s main themes for analysts and investors on Bloomberg: The Opening Trade, including long-term bonds, the US deficit and Nvidia.
BBloomberg TelevisionOriginal★★☆☆☆2026-08-26 07:43
Scott Bessent’s increased purchases of US debt threaten to undermine Federal Reserve chief Kevin Warsh’s efforts to tame inflation, putting the Treasury on a potential collision course with the central bank.
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Financial TimesOriginal★★★★☆2026-08-26 04:00
Treasury Secretary Scott Bessent’s surprise proposal to expand bond buybacks in an effort to lower U.S. borrowing costs has sparked debate over how effective it will ultimately be. But key market indicators and positioning suggest the plan is already having an impact.
BBloomberg NewsOriginal★★★☆☆2026-08-26 01:30
The Trump administration’s latest sanctions against Iran have swept up dozens of businesses in China and Hong Kong, while stopping short of the far more consequential move of targeting major Chinese financial institutions.
BBloomberg NewsOriginal★★★★☆2026-08-25 22:00
Treasury Secretary Scott Bessent’s mentor Stanley Druckenmiller calls the Treasury’s bond-buying plan a mistake. Bloomberg News Economy Editorial Director Erik Schatzker explains Druckenmiller’s criticism and the potential implications of Bessent’s moves, followed by an interview with Northrop Grumman CEO Kathy Warden about defense and its ties to the U.S. government.
BBloomberg TelevisionOriginal★★★☆☆2026-08-25 21:11
