Breaking News, World Updates & Headlines
Breaking News, World Updates & Headlines
Treasury Secretary Scott Bessent’s finances were reviewed by the inspector general after Mr. Bessent incorrectly listed at least $100,000 of the stock, which was owned by his husband, as cash.
Read MoreThe World Bank president, Ajay Banga, has worked to make the development institution a magnet for private capital as donor nations face budget constraints.
Read MoreAmerica’s position of global economic stability is starting to look shakier as the Trump administration piles on debt and doubles down on sanctions.
Read MoreTestifying before Congress, the Treasury secretary said that he supported giving Americans $5,000 dividends if Republicans win in November.
Read MoreThe move, which targeted a bank that is already under U.S. sanctions, was part of the Trump administration’s Operation Economic Outcast initiative.
Read MoreThe Treasury secretary had dared “Bloomberg terminal bros” to bet against him and they did.
Read MoreAfter meeting with Russia’s finance minister, the Treasury secretary said Ukraine’s attacks on Russian oil infrastructure were contributing to a global energy shock driven mainly by the U.S. war with Iran.
Read MoreThe Treasury secretary is confronting the limits of his ability to reshape the economy ahead of midterm elections.
Read MoreTreasury Secretary Scott Bessent acknowledged the effort was more of a warning shot that would begin a period of “quiet diplomacy.”
Read MorePresident Trump’s promises to restore fiscal order and reduce the amount of America’s debt burden have been undercut by spending on the Iran war, tax cuts and tariff refunds.
Read MoreThe Trump administration will not enforce reporting requirements of the 2021 Corporate Transparency Act, which was intended to crack down on money laundering.
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