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Scott Bessent says Trump intends to reprivatize the US economy
US Treasury's Bessent vows to re-privatize an economy that is 'brittle underneath'
Bessent Warns of ‘Detox Period’ for Economy, Touts Trump ‘Call’
Far-Right Israeli Minister Visits Washington After Years of Being Shunned
Bezalel Smotrich, the Israeli finance minister, had drawn rebukes from the Biden administration for his opposition to a cease-fire in Gaza and his support for Jewish settlers in the West Bank.
Treasury Secretary Scott Bessent is pouring cold water on the hot economic numbers of the Biden administration, claiming that growth was ‘brittle underneath’
As proof, Bessent claimed the bulk of the job growth over the past 12 months took place within government and in sectors like health care and education, where, according to Bessen
Markets in freefall, but Treasury Secretary Scott Bessent’s short and sharp three-word take says it all; here's what he said
US Treasury Secretary Scott Bessent provided a reality check on the current stock market fall, suggesting that a market rally would result from a natural bounce rather than any support from the Trump administration.
The United States is ready to tighten sanctions against Russia without hesitation — Scott Bessent
Washington is ready without hesitation to tighten sanctions against the Russian energy sector if it accelerates the process of concluding a peace agreement on Ukraine.
After Israel’s finance minister meets Bessent, Jewish state aims to boost a resilient wartime economy
As Treasury Secretary Scott Bessent and Israeli Finance Minister Bezalel Smotrich met last week to enhance economic relations between both countries, where does Israel stand economically?
Treasury Secretary Bessent says economy could be ‘starting to roll a little bit'
Describing the economy as inherited is a reference to the administration under then-President Joe Biden. Current President Donald Trump took office on Jan. 20. Under Biden, the U.S. saw generally strong economic growth. However, there were signs of a slowdown in late 2024, and inflation remained above the Federal Reserve's 2% target.
Scott Bessent uncovers how European countries still buy Russian energy
Since the beginning of the war, countries have sanctioned Russia, but Trump implied there is a loophole that allows some countries to benefit their energy industries.
NBC Washington7d
Treasury Secretary Bessent says Trump tariffs won't cause inflation to increase
Treasury Secretary Scott Bessent said President Donald Trump's tariffs are unlikely to raise inflation, in part because China will "eat any tariffs that go on." Trump's proposed tariffs are expected to take effect on Tuesday. Bessent said Mexico has ...
Trump tells crypto leaders at White House summit he’s committed to helping their industry
President Donald Trump said Friday that he’s committed to making the U.S. a world leader in cryptocurrencies as industry leaders heaped praise on him for reversing what they said had been unfair attacks on digital assets by the previous administration.
Treasury ends enforcement of business ownership database meant to stop shell company formation
The U.S. Treasury Department says it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation.