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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

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WorldChina in the Crossfire of Bessent’s Latest Iran Sanctions

The China Show examines US threats to sanction Iran’s trading partners and the implications for China. It also discusses reports that the US and China are extending their trade truce.

Iran sanctionsUnited StatesChinatrade

BBloomberg TelevisionOriginal★★★★☆2026-08-25 06:34

China in the Crossfire of Bessent’s Latest Iran Sanctions
China in the Crossfire of Bessent’s Latest Iran Sanctions

WorldExpert argues Bessent is ‘banking on’ a threat

Treasury Secretary Scott Bessent has threatened secondary sanctions against Iran. Foundation for Defense of Democracies senior fellow Miad Maleki weighs the implications of the threat and argues that Bessent is “banking on” it.

Scott BessentIransecondary sanctionseconomic pressure

FFox NewsOriginal★★★☆☆2026-08-25 04:15

Expert argues Bessent is ‘banking on’ a threat
Expert argues Bessent is ‘banking on’ a threat

World‘Economic asphyxiation’: Bessent outlines Trump’s plan to choke Iran into submission

Treasury Secretary Scott Bessent announced a new round of secondary sanctions targeting countries that continue to do business with Iran. The Trump administration is seeking to cut off Tehran’s financial lifeline to end the war.

Iransecondary sanctionsTrump administrationeconomic pressure

FFox NewsOriginal★★★★☆2026-08-25 02:45

‘Economic asphyxiation’: Bessent outlines Trump’s plan to choke Iran into submission
‘Economic asphyxiation’: Bessent outlines Trump’s plan to choke Iran into submission

EconomyBessent Stops Short of New Bond Measures Amid Report on Cash Use

Treasury Secretary Scott Bessent offered no further indication Monday that the US could revamp its debt management, after a report said the department might use part of its cash holdings to fund buybacks of older, higher-yielding securities.

US TreasuryScott Bessentdebt management

BBloomberg NewsOriginal★★★☆☆2026-08-25 01:30

Bessent Stops Short of New Bond Measures Amid Report on Cash Use
Bessent Stops Short of New Bond Measures Amid Report on Cash Use

EconomyBessent’s Murky Deficit Plan Faces Grim Prospects in Congress

Treasury Secretary Scott Bessent’s promised deficit-reduction plan, expected in the coming days, is set to confront a stark obstacle: there is no indication that the Republican-controlled Congress will deliver any net budget cuts this year.

US Treasurydeficit reductionCongress

BBloomberg NewsOriginal★★★☆☆2026-08-25 01:00

Bessent’s Murky Deficit Plan Faces Grim Prospects in Congress
Bessent’s Murky Deficit Plan Faces Grim Prospects in Congress

WorldBessent’s sanctions threats may pressure countries to cut financial ties with Iran

Treasury Secretary Scott Bessent announced a new round of sanctions targeting Iran on Monday and warned countries doing business with the Islamic Republic to sever their financial ties or face retaliation from the United States.

US sanctionsIranfinancial ties

TThe Associated PressOriginal★★★★☆2026-08-25 00:13

Bessent’s sanctions threats may pressure countries to cut financial ties with Iran
Bessent’s sanctions threats may pressure countries to cut financial ties with Iran

PoliticsBessent Unleashes ‘Operation Economic Outcast’ on Iran

The program examines the political and global-business implications of U.S. pressure on Iran. Rep. Jake Auchincloss says he will not support any funding for what he calls a failed, illegal war and urges Congress to prevent a “forever war.” Former Trump economic adviser Stephen Moore says China is central to the success of secondary sanctions on countries doing business with Iran.

Iran sanctionsU.S. politicsChinasecondary sanctions

BBloomberg TelevisionOriginal★★★★☆2026-08-24 23:28

Bessent Unleashes ‘Operation Economic Outcast’ on Iran
Bessent Unleashes ‘Operation Economic Outcast’ on Iran

EconomyBessent Warns of Economic Asphyxiation | Bloomberg Businessweek Daily, Aug. 24, 2026

Treasury Secretary Scott Bessent announced a plan to isolate Iran from the global economy and threatened countries that maintain ties with Tehran. Bloomberg experts assessed his remarks, including a plan for bond buybacks next month.

Iraneconomic sanctionsScott Bessent

BBloomberg TelevisionOriginal★★★★☆2026-08-24 22:46

Bessent Warns of Economic Asphyxiation | Bloomberg Businessweek Daily, Aug. 24, 2026
Bessent Warns of Economic Asphyxiation | Bloomberg Businessweek Daily, Aug. 24, 2026

PoliticsBessent Warns Iran’s Trade Partners to Cut Ties

Bloomberg’s early edition of Balance of Power examines the Trump administration’s latest moves, including Scott Bessent’s warning to Iran’s trading partners to sever ties. Guests include economist Joe Lavorgna, Stonecourt Capital partner Rick Davis and Harvard Kennedy School fellow Jeanne Sheehan Zaino.

Irantrade partnersUS government

BBloomberg TelevisionOriginal★★★★☆2026-08-24 21:26

Bessent Warns Iran’s Trade Partners to Cut Ties
Bessent Warns Iran’s Trade Partners to Cut Ties
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