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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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PoliticsBessent says US will impose measures never seen on Iran

U.S. Treasury Secretary Scott Bessent said on Thursday that the United States would impose measures on Iran that have “never been seen.”

United StatesIraneconomic measures

RReutersOriginal★★★☆☆2026-08-13 23:40

Bessent says US will impose measures never seen on Iran
Bessent says US will impose measures never seen on Iran

EconomyWhy Bessent Wants a Bigger Fed Backstop to Support the Yen

The yen’s weakness has prompted one of the most dramatic currency-market interventions in decades. Japan and the United States began a joint effort in late July to bolster the currency. US Treasury Secretary Scott Bessent then surprised financial markets by calling for the Federal Reserve to enlarge an obscure lending program. He said the expanded support would aid Tokyo’s efforts to defend the yen.

yencurrency interventionFederal ReserveJapan

BBloomberg NewsOriginal★★★★☆2026-08-06 03:00

Why Bessent Wants a Bigger Fed Backstop to Support the Yen
Why Bessent Wants a Bigger Fed Backstop to Support the Yen

EconomyBessent nudge strengthens case for a BOJ rate hike in September

U.S. Treasury Secretary Scott Bessent has publicly weighed in on Japan’s monetary policy. His views have nearly locked the Bank of Japan into raising interest rates at its September meeting. The intervention has also prompted questions about how much influence Washington may exert over Japan’s domestic policy. The focus is now on the central bank’s next decision.

Bank of Japaninterest ratesScott Bessentmonetary policy

RReutersOriginal★★★★☆2026-08-05 11:50

Bessent nudge strengthens case for a BOJ rate hike in September
Bessent nudge strengthens case for a BOJ rate hike in September

EconomyBessent says he is sure BOJ chief Ueda will ‘do what is best’, NHK reports

U.S. Treasury Secretary Scott Bessent said he was confident that Bank of Japan Governor Kazuo Ueda would act in what he considers the best interest of Japan’s economy. Public broadcaster NHK reported the remarks on Wednesday. Bessent’s comment expressed trust in Ueda’s judgment regarding the country’s economic policy. No further policy action was specified.

U.S. TreasuryBank of JapanJapan economy

RReutersOriginal★★★☆☆2026-08-05 00:10

Bessent says he is sure BOJ chief Ueda will ‘do what is best’, NHK reports
Bessent says he is sure BOJ chief Ueda will ‘do what is best’, NHK reports

EconomyUS Treasury Secretary Bessent: Coordinated intervention carries symbolic significance

US Treasury Secretary Scott Bessent spoke exclusively with NHK on the 4th. He discussed the coordinated intervention in which Japanese and US monetary authorities bought yen last week to prevent a historic decline in the currency. Bessent said the reason for carrying out the coordinated intervention had symbolic significance.

yencurrency interventionUS Treasury

NNHK NewsOriginal★★★☆☆2026-08-04 14:40

US Treasury Secretary Bessent: Coordinated intervention carries symbolic significance
US Treasury Secretary Bessent: Coordinated intervention carries symbolic significance

WorldBessent: US-Iran deal could be reached as early as August 4-5

US Treasury Secretary Scott Bessent says an agreement between the United States and Iran could be concluded as early as August 4-5. He says the arrangement would guarantee freedom of navigation through the waterway. The statement presents the prospective deal as addressing passage through the waterway and the two countries’ negotiations.

United StatesIrandiplomacyfreedom of navigation

TTASSOriginal★★★★☆2026-08-04 12:39

Bessent: US-Iran deal could be reached as early as August 4-5

WorldBessent says US-Iran deal may be reached by Wednesday to reopen Hormuz

U.S. Treasury Secretary Scott Bessent said on Tuesday that an agreement with Iran could be reached as early as Tuesday or Wednesday. He said the deal could allow the Strait of Hormuz to reopen. The comments were reported by CNBC. The statement points to a possible diplomatic step focused on restoring access through the strategic waterway.

US-Iran relationsStrait of Hormuzdiplomacy

CCGTNOriginal★★★★☆2026-08-04 11:44

Bessent says US-Iran deal may be reached by Wednesday to reopen Hormuz
Bessent says US-Iran deal may be reached by Wednesday to reopen Hormuz

EconomyFull text of Bessent’s post: ‘We will not hesitate to join further coordinated intervention’

US Treasury Secretary Scott Bessent posted on X about coordinated intervention by Japan and the United States. The post appeared on July 3 Japan time. Bessent wrote that the Trump administration is delivering results for America’s reliable allies and partners. He also said it would not hesitate to participate in further coordinated intervention.

Scott BessentUS-Japan relationscoordinated interventioneconomic policy

TToyo KeizaiOriginal★★★☆☆2026-08-03 02:40

Full text of Bessent’s post: ‘We will not hesitate to join further coordinated intervention’
Full text of Bessent’s post: ‘We will not hesitate to join further coordinated intervention’

EconomyBessent ‘to-do’ list suggests US plans to buy $5bn-$10bn of Japanese yen

A handwritten list belonging to Treasury secretary Scott Bessent was visible during a cabinet meeting at Camp David. Photographed by a Reuters photographer, the note included an instruction to buy between $5bn and $10bn in Japanese yen. The disclosure has prompted questions about whether the United States is preparing such a purchase. The wording appeared on a notepad left in view during the part of the meeting open to journalists.

US TreasuryJapanese yencurrency policy

TThe GuardianOriginal★★★☆☆2026-08-01 00:33

Bessent ‘to-do’ list suggests US plans to buy $5bn-$10bn of Japanese yen
Bessent ‘to-do’ list suggests US plans to buy $5bn-$10bn of Japanese yen