WorldBessent tells CNBC all Iranian airlines will be 'shut down' from Wednesday
Treasury Secretary Scott Bessent told CNBC that all Iranian airlines would be “shut down” starting Wednesday. He said Washington was pressuring Iran “like never before.”

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.
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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 told CNBC that all Iranian airlines would be “shut down” starting Wednesday. He said Washington was pressuring Iran “like never before.”

Treasury Secretary Scott Bessent says the United States is proposing an AI safety notification mechanism for President Trump and Chinese leader Xi Jinping to consider at their upcoming summit in Washington. U.S.-China discussions on AI safety are continuing.

Scott Bessent pushed back against a bearish view of the U.S. economy, pointing to strong growth, foreign demand for American assets and the dollar’s continued dominance.

Treasury Secretary Bessent spoke with CNBC as the Trump administration confronts affordability concerns. Over the weekend, Bessent met with his Chinese counterpart, He Lifeng, ahead of a summit between Chinese President Xi Jinping and President Donald Trump.

Bloomberg News Now rounds up today’s top stories, including Bessent’s description of talks as “very successful,” a meeting between Trump and Mamdani, and other global business news. The report is updated throughout the day.
The United States is proposing a new notification system with China for artificial intelligence incidents that could pose a threat to national security, Bessent says.
The United States is proposing a new notification system with China to report artificial intelligence incidents that could pose a threat to national security.

A Bloomberg News audio bulletin highlights the day’s top stories, including talks between Bessent and He Lifeng and planned Monday meetings between Trump and Mamdani.
Treasury Secretary Scott Bessent said the U.S.-China trade talks were “very successful,” with agreements to operationalize initiatives and establish a bilateral dialogue on artificial intelligence.

Bloomberg Television’s “The China Show” highlights Bessent’s account of progress with China on trade and AI, along with bond traders’ views of U.S. Treasuries, ahead of the Trump-Xi summit.
