The Latest Breaking News from Scott Bessent

"Since the beginning of the year, the economy has created a paltry 600k jobs, but without the job growth in these industries, there would be zero job growth."

"This alone would raise further concerns about the fiscal outlook and likely push bond yields higher."

Kyrgyzstan's Bakai Bank CEO Umut Abakirova met with U.S. Treasury Secretary Scott Bessent and executives from major U.S. financial firms, including BlackRock, Bank of America, and KPMG, to position the Central Asian nation as a hub for American investment in emerging markets.

President Donald Trump has reportedly accused European leaders of indirectly funding the war in Ukraine by purchasing Russian oil. He has urged them to cut off Russia and pressurize China to do the same.

The expansion of tax credits in his signature legislation could help California meet its desperate need for affordable housing.

President Donald Trump's administration asked the US Supreme Court on Wednesday for an expedited ruling preserving the tariffs that have roiled global markets, saying a lower court ruling against it has already damaged trade negotiations.

President Donald Trump has urged the Supreme Court to swiftly take up and rule on his administration's appeal of a federal court decision last week that struck down most of his tariffs as "illegal."

The U.S. Treasury sanctioned Iraqi businessman Waleed al-Samarra'i and his companies for smuggling Iranian oil disguised as Iraqi crude, a $300M operation funding Tehran's regime.

Global bond yields surge toward multi-decade highs as U.S., U.K., and French debt concerns mount, while gold hits a record $3,537 amid investor flight.