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The Latest Breaking News from Scott Bessent

In Arkansas and Illinois, Groceries Just Got Cheaper, But Not By Much

Arkansas and Illinois are the most recent states to repeal sales tax on groceries. Will it really help shoppers with their food bills?

Kiplinger

Investors are already nervy about international buyers backing away from US debt: China might be beginning to do just that

BRIC nations have been “quietly leaving the Treasury market,” ING observed in December.

Fortune

Ukraine-Russia war latest: US ‘aims for March peace deal’ amid fallout over Putin general shooting

The ambitious goal has been discussed between Ukrainian and US negotiators, sources said

The Independent UK

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Ukraine war briefing: Kyiv and Moscow hold major prisoner exchange

Whitkoff says ‘significant work remains’ as second day of US-led peace talks in Abu Dhabi concludes: What we know on day 1,444

The Guardian - AU

In a wild twist, Donald Trump says he’s fine with his employees footing the bill for his $10 billion lawsuit—as long as it goes somewhere else

This conflict of interest has a conflict of interest.

We Got This Covered

When will Americans receive Trump’s promised $2,000 tariff checks? Even the president isn’t quite sure

President Donald Trump said he would promise to deliver the checks before immediately contradicting himself and saying he ‘may’ make a commitment

The Independent UK

Democratic lawmakers clash with Bessent in fiery hearing: ‘Can someone shut him up?’

The hearing about oversight of the U.S. financial system devolved into insults several times

The Independent UK

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Scott Bessent’s ‘gotcha’ moment on Trump’s tariffs and inflation: He denies writing ‘Tariffs are inflationary’ in letter to hedge fund investors

In 2024 Bessent wrote: “Tariffs are inflationary and would strengthen the dollar.” He denied this before the House Financial Services Committee.

Fortune

Watch: Nicki Minaj’s foul-mouthed rap while dancing with Scott Bessent

Nicki Minaj has teamed up with Scott Bessent for a viral TikTok trend to promote new investment accounts for children, known as Trump accounts.

The Independent UK

Meet the first CEO of the IRS: A Jamie Dimon protégé facing a $5 trillion test this tax season

Wall Street legend Frank Bisignano has become the most prominent businessperson to dive into government work.

Fortune

Meet Trump’s next Fed Chair Kevin Warsh: He wants a back-seat central bank, a more bullish monetary policy, and for his dog to live a really long time

Trump confirmed Warsh as the Fed chair nominee Friday morning. Here’s what might be in store for the central bank.

Fortune

Warsh's path to Fed chair may face even GOP obstacle in Senate

President Trump says he'll nominate Kevin Warsh, a Federal Reserve Board member from 2006 to 2011, to be the next chairman.

Roll Call

‘Respect Canadian sovereignty’: Canada’s message to US amid Alberta separatist reports

Canadian Prime Minister Mark Carney urged the United States to "respect Canada's sovereignty" after reports of US President Donald Trump's team meeting an Alberta separatist group three times since April 2025 surfaced. This also follows US treasury secretary Scott Bessent's remark on Alberta, stating that "Albertans are very independent people."

The Times of India

Bessent accuses Carney of ‘virtue signaling’ after his big speech at Davos, with divorce between Canada and America in the air

“In my investment career, I’ve seen what happens when a technocrat tries to pivot and become a politician—never really works out well.”

Fortune

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Reason

Scott Bessent Says Construction Jobs Are Booming Under Trump's Tariffs. Government Data Show the Opposite.

Meanwhile, Trump is touting low gas prices, which are due in part to the lack of tariffs on oil and gasoline.

The Times of India

Trump team secretly met group demanding oil-rich Alberta's independence from Canada; White House says no support conveyed

Trump officials have secretly met separatists demanding oil-rich Alberta's independence from Canada three times since April 2025. Alberta Prosperity Project, the group, is seeking another meeting with the US officials next month to ask for a $500bn credit facility to help bankroll the province if an independence referendum, which is…

The Independent UK

Trump officials have met with Canadian separatist group that wants to break off from rest of country, report says

The group says it has met with ‘very, very senior people,’ according to the report

The Independent UK

Scott Bessent said Americans should skip toys for kids’ birthdays and instead invest in Trump’s accounts

A month ago, President Donald Trump also suggested kids didn’t need as many toys

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news in one place.

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Fortune

Scott Bessent on the 39% of young Americans thinking favorably of socialism: They’re just not invested in the stock market

“I think that dovetails somewhat—that 38% of American households have no exposure to equities,” the Treasury Secretary told CNBC. Let’s see in 10 years.

International Business Times UK

Nicki Minaj to Join Donald Trump at Presidential Summit to Discuss Financial Literacy

Nicki Minaj is set to appear alongside Donald Trump at a presidential summit focused on financial literacy, bringing celebrity attention to discussions around money management and education.

We Got This Covered

Trump’s buried secrets are out, and now the Treasury has blacklisted a billion-dollar consulting firm after one employee went rogue

It was inevitable.

The Times of India

'Europe financing war against themselves': Why Trump ally Scott Bessent needs to watch 'Yes, Minister'

Bessent’s argument collapses the moment it is viewed through the prism of logic, because it mistakes activity for responsibility and motion for meaning. When Vladimir Putin invaded Ukraine in 2022, India was importing barely 1–2% of its crude oil from Russia. It was not a factor in the global energy…

The Independent UK

Trump team cancels contract for firm whose employee leaked the president’s tax return

U.S. Secretary of the Treasury Scott Bessent announced Monday that all 31 contracts between the department with Booz Allen Hamilton would be aexed

The Times of India

'Maybe Vance wants to signal...': Former Indian diplomat on why JD Vance has been blocking US-India deal

As the US-India trade consultations are still on, while India is all set to sign 'mother of all deals' with the EU, a major shocker dropped as it has been revealed that Vice President JD Vance is one of the major players stalling the deal. The other players are White…

The Times of India

Russian oil goes to India, Europeans buy refined products from them: Scott Bessent

Treasury secretary Scott Bessent said the US made much bigger sacrifices than the European countries in the Russia-Ukraine conflict. "We have put 25% tariffs on India for buying Russian oil. Guess what happened last week? The Europeans signed a trade deal with India," Bessent said, explaining that Russian oil goes…

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