The Latest Breaking News from Scott Bessent

“This is highly unfortunate,” the text said. “Soy prices are dropping further because of it. This gives China more leverage on us.”

Officials from the Trump administration say the goal is for the U.S. and its allies to produce up to 50% of the advanced semiconductors it needs, citing national security risks

In an opinion piece, the head of cryptocurrency exchange OKX explains why the US and UK could be poised to explain their longtime dominance of the financial sphere.

While Javier Milei’s shock therapy to tame inflation has won support from Washington and the IMF, ordinary Argentinians seem less impressed

U.S. Treasury Secretary Scott Bessent warned that Taiwan's near-total dominance in advanced chip production poses a critical threat to global stability, urging urgent redistribution of manufacturing to the U.S. and allied nations.

Treasury Secretary Scott Bessent on Thursday praised President Donald Trump as "solution-driven" and said the president was right to call out the United Nations' shortcomings on immigration, energy and the economy.

China will reportedly buy at least 10 cargoes of Argentine soybeans, further jeopardizing the U.S. export market, even as Argentina gobbles up Trump support.

The Treasury Secretary looks at New York and sees a replay of the 1970s. He looks at Trump’s ally in Argentina and sees someone in need of rescue.

Plus: Robert Munsch chooses Canadian healthcare, Argentina in trouble, ignoring Greta, and more...

Bessent seemed determined to drive his warning home: “You can’t enact policies like this and expect to be bailed out.”

December S&P 500 E-Mini futures (ESZ25) are down -0.06%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.12% this morning as investors await a fresh batch of U.S. economic data, remarks from Federal Reserve officials, and an earnings report from bulk retailer Costco.