EconomyBessent: Iran is on its KNEES
Treasury Secretary Scott Bessent discusses the condition of Iran’s economy and the strength and resilience of the U.S. economy.

United States Secretary of the Treasury
United States Secretary of the Treasury (2025–)
| Born | 1962-08-21 · Conway, South Carolina |
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| 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.
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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.
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Reuters

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.
CCoinDesk

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.
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CNBC

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.
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NBC 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.
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NBC 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.
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Reuters
Reports that mention this person, by story.
Treasury Secretary Scott Bessent discusses the condition of Iran’s economy and the strength and resilience of the U.S. economy.

Treasury Secretary Scott Bessent said his latest meeting with Japanese Finance Minister Satsuki Katayama included a discussion about the “desirability” of a strong yen.
Treasury Secretary Scott Bessent said the US and China agreed to prolong their trade-war truce by two months while continuing efforts toward a potentially broader accommodation between the world’s two largest economies.
Scott Bessent said the U.S.-China trade truce will be extended to Jan. 10, beyond its planned November expiration. He said the extension reflects the need for Beijing to complete additional deliverables as Xi Jinping begins a state visit.

Scott Bessent, the U.S. Treasury secretary, said Wednesday that the United States and China had reached an accord to maintain the “Busan agreement” until January.
Treasury Secretary Scott Bessent said the United States and China agreed to extend their trade truce through Jan. 10. The arrangement had been scheduled to expire in November.

Treasury Secretary Scott Bessent discusses US-China relations as Chinese President Xi Jinping arrives in Washington, along with artificial intelligence and Iran.

U.S. Treasury Secretary Scott Bessent said he and Chinese Vice Premier He Lifeng would meet for a second time this week to clear up “unfinished business” ahead of the summit between Donald Trump and Xi Jinping.
Treasury Secretary Scott Bessent has emerged as a possible choice to become Donald Trump’s new AI czar.
Oil prices rose Tuesday as concerns grew over escalating Iran-U.S. tensions. Treasury Secretary Scott Bessent told CNBC that all Iranian airlines would be shut down starting Wednesday.
