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The Latest Breaking News from Scott Bessent

Elizabeth Warren Says Trump Is Giving $20 Billion To Argentina While Americans Can't Afford Groceries: Calls Out Bailout For 'Wall Street Hedge Funds'

Sen. Elizabeth Warren (D-Mass.) criticized President Donald Trump’s decision to allocate $20 billion in taxpayer funds to Argentina, a move that comes at a time when Americans are still struggling at home.

Benzinga

US Treasury Chief Accuses China Of Wanting To Hurt World Economy

US Treasury Secretary Scott Bessent slammed Beijing in an interview this week, accusing it of seeking to harm the global economy after China slapped sweeping new export controls in the strategic field of rare earths.

International Business Times

Charlie Kirk’s widow accepts Presidential Medal of Freedom on his behalf following Trump’s self-congratulatory speech: Live updates

Erika Kirk thanked President Donald Trump for honoring Charlie Kirk in ‘such a profound and meaningful way’

The Independent UK

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US–China Trade War Expands to the Seas With New Port Fees on Each Other's Ships

The US–China trade war extends to the seas as both nations impose new port fees on each other's ships, raising global shipping costs.

International Business Times

Scott Bessent Warns SEC Shutdown Is Halting Major IPOs, Poses 'Serious National Security Issue' For America

U.S. Treasury Secretary Scott Bessent issued a stark warning, asserting that the ongoing government shutdown is not only politically motivated but also poses serious economic issues for America, including the stalling of major Initial Public Offerings (IPOs).

Benzinga

China says it will ‘fight to end’ after US said it was trying to hurt world economy

Commerce ministry says US is ‘threatening to intimidate’ with plans for new Trump tariffs on exports

The Guardian - UK

Global markets tumble as Beijing imposes new ban on U.S. shipping. Bessent vows China ‘will be hurt the most’ if it doesn’t surrender

China showed no signs of backing down from President Trump’s trade war.

Fortune

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Meghan, Duchess of Sussex, Selena Gomez, and the IMF—all on the same stage

Also: All the news and watercooler chat from Fortune.

Fortune

Scott Bessent Says Shutdown Has Started To Affect The Economy: 'No Kings Means No Paychecks'

According to U.S. Treasury Secretary Scott Bessent, the ongoing federal government shutdown is showing signs of affecting the nation’s economy.

Benzinga

UK economy at risk of ‘bumpy landing’; JP Morgan’s Dimon warns of ‘more cockroaches’ after collapse of First Brands and Tricolor – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

IMF Chief Kristalina Georgieva Brushes Off Trump's Trade War Threats: 'Trade Is Like Water, You Put In An Obstacle, It Goes Around It'

As tensions rise between the U.S. and China over fresh tariff threats, International Monetary Fund chief Kristalina Georgieva is urging calm, arguing that global trade is far more resilient than it appears.

Benzinga

'Scandalous’: top economist Jeremy Siegel warns U.S. sleepwalked into rare-earths crisis as China tightens its grip

The Wharton professor says Washington ignored the mineral threat for decades, leaving U.S. supply chains exposed and Beijing in control of 90% of global refining.

Fortune

Argentina passes the begging bowl, again

Maybe President Trump has bet on a dead horse. After all, Argentina has never been a good bet.

Fortune

Crypto markets rebound after $19 billion wipeout leaves traders reeling

Bitcoin and Ethereum prices are recovering after traders suffered the largest liquidation event ever tracked by analytics firm CoinGlass.

Fortune

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news in one place.

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Benzinga

Trump's 'Genius Act' Sparks Hyperinflation Fears, Congresswoman Violates STOCK Act And More: This Week In Politics

Another week, another batch of stories. Here’s a quick roundup of the key political stories from the week that you might have missed.

Benzinga

Trump's Fed Chair Shortlist Narrows To Five Doves: Who Are They?

Following a series of intense interviews, Treasury Secretary Scott Bessent has reportedly cut President Donald Trump's list of Federal Reserve chair candidates to down to five, from an initial pool of eleven.

Euronews

US throws Argentina €17bn lifeline as Milei-Trump ties deepen

Washington’s rare move to buy pesos and open a massive swap line steadied Argentina’s markets — but set off a political storm.

Benzinga

Scott Bessent's $20 Billion Lifeline For Argentina A Bailout For 'His Hedge Fund Buddies,' Says Paul Krugman

Nobel Prize-winning economist, Paul Krugman has slammed U.S. Treasury Secretary Scott Bessent for the administration’s $20 billion aid package for Argentina, calling it a lifeline for his “hedge fund buddies,” rather than being a move that furthers in U.S. strategic interest.

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news in one place.

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International Business Times

US Finalizes $20 Bn Economic Lifeline For Argentina, Buys Pesos

US Treasury Secretary Scott Bessent said Thursday that Washington had bought Argentine pesos and finalized a $20 billion economic support program to help prop up the South American nation's faltering finances.

Axios

The U.S. bought Argentine pesos, Bessent says

Treasury has finalized a $20 billion currency swap framework with Argentina's central bank.

The Independent UK

US buys Argentine pesos, finalizes $20 billion currency swap

The U.S. Treasury has purchased Argentine pesos and finalized a $20 billion currency swap with Argentina’s central bank

International Business Times UK

Farmers Left Anxious As Trump Weighs $10 Billion Bailout Amid Tariff Turmoil

Trump administration considers $10 billion farmer bailout as China halts soybean purchases, but government shutdown delays relief for struggling agriculture sector.

Fortune

Inside the Trump team’s secret talks to rescue Argentina—with the help of the ‘Money Doctor’ who wants to stop the 'pink tide' sweeping Latin America

Johns Hopkins professor Steve Hanke is an expert on "dollarization" and has helped the Trump Administration run through the options for intervening in Argentina's economy.

The Independent UK

Trump to unveil farm bailout needed because his tariffs led China to stop buying American products

President expected to announce help for farmers hard hit by loss of Chinese trade

Kiplinger

IRS Names Its First CEO: But He’s Also Still Running Social Security

Will this new role make it difficult to address emerging issues like budget and staffing cuts and customer service concerns?

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