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Scott Bessent

Scott Bessent

United States Secretary of the Treasury

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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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PoliticsScott Bessent says ‘no one has been tougher on Russian sanctions’ than Trump: Full interview

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.

U.S. politicsRussia sanctionsScott BessentTrump administration

NNBC NewsOriginal★★★☆☆2026-10-18 14:13

Scott Bessent says ‘no one has been tougher on Russian sanctions’ than Trump: Full interview
Scott Bessent says ‘no one has been tougher on Russian sanctions’ than Trump: Full interview

PoliticsBessent calls Zelenskyy ‘reckless’ over claim that U.S. government slowed Starlink

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.

U.S. politicsUkraineStarlink

NNBC NewsOriginal★★★☆☆2026-10-18 14:12

Bessent calls Zelenskyy ‘reckless’ over claim that U.S. government slowed Starlink
Bessent calls Zelenskyy ‘reckless’ over claim that U.S. government slowed Starlink

EconomyBessent says prices will fall after Iran war: ‘We will get to the other side’

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.

U.S. economyenergy supplypricesIran war

NNBC NewsOriginal★★★☆☆2026-10-18 14:02

Bessent says prices will fall after Iran war: ‘We will get to the other side’
Bessent says prices will fall after Iran war: ‘We will get to the other side’

EconomyWall Street on Alert for Bessent to Act on Bond Yields Again

After Treasury Secretary Scott Bessent unexpectedly increased purchases of older securities in August, catching Wall Street traders off guard, they are preparing for further intervention. Potential clues may emerge Friday as the department readies an update to its debt management plans in November.

bond yieldsUS Treasurydebt management

BBloomberg NewsOriginal★★☆☆☆2026-10-15 15:30

Wall Street on Alert for Bessent to Act on Bond Yields Again
Wall Street on Alert for Bessent to Act on Bond Yields Again

EconomyBessent calls for World Bank reforms, including upstream oil and gas financing

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.

World Bankreformoil and gas financing

RReutersOriginal★★★☆☆2026-10-15 05:05

Bessent calls for World Bank reforms, including upstream oil and gas financing
Bessent calls for World Bank reforms, including upstream oil and gas financing

PoliticsBessent vows to 'cut off' Iran from the world

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.'

Scott BessentIranRussiaeconomic sanctions

FFox NewsOriginal★★★☆☆2026-10-11 16:15

Bessent vows to 'cut off' Iran from the world
Bessent vows to 'cut off' Iran from the world

EconomyEXCLUSIVE: US Treasury’s Bessent to skip IMF-World Bank meetings in Bangkok

US Treasury Secretary Scott Bessent will miss next week’s annual IMF and World Bank meetings in Bangkok, Thailand, because of domestic engagements, a US official said Friday.

US TreasuryScott BessentIMFWorld Bank

RReutersOriginal★★★☆☆2026-10-09 18:30

EXCLUSIVE: US Treasury’s Bessent to skip IMF-World Bank meetings in Bangkok
EXCLUSIVE: US Treasury’s Bessent to skip IMF-World Bank meetings in Bangkok

PoliticsTreasury says Judy Shelton will advise Bessent, with China in focus

Judy Shelton is joining Scott Bessent’s team at Treasury as an adviser, with China designated as a particular area of attention, the department said Friday. Donald Trump had earlier selected her as his choice for the Federal Reserve Board.

U.S. TreasuryJudy SheltonScott BessentChina

RReutersOriginal★★☆☆☆2026-10-09 15:35

Treasury says Judy Shelton will advise Bessent, with China in focus
Treasury says Judy Shelton will advise Bessent, with China in focus

EconomyUS targets $1 billion in Iran-linked crypto for seizure, Bessent says

Bessent said the US is targeting $1 billion in cryptocurrency linked to Iran for seizure, adding, “we know where it is.” The latest plan follows months of sanctions and freezes targeting Iranian assets.

cryptocurrencyIranUS sanctions

TThe BlockOriginal★★★☆☆2026-10-09 14:41

US targets $1 billion in Iran-linked crypto for seizure, Bessent says
US targets $1 billion in Iran-linked crypto for seizure, Bessent says
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