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The Latest Breaking News from Scott Bessent

Don’t worry about diesel shortages, Government says, as US urges use of reserves

Britain joined crisis talks with the EU amid rocketing fuel prices

Evening Standard · Oct 2

Democrats to Trump: Show Us the Venezuela Oil Deal — or Face Subpoenas

Five House Democrats demanded the Venezuela-NABEP oil deal's full contract on Sept. 30 after a classified briefing produced zero answers — and subpoenas may follow.

Latin Times · Oct 1

Eleventh Circuit Upholds Restriction on Referring to "Settlement" of Trump v. IRS,

though concluding that the restriction is narrow.

Reason · Sep 29

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AI has made borrowing more expensive – an expert explains how bond markets are changing

The global bond markets are a sensitive lot. And they’ve been having a particularly tricky time lately.

The Conversation · Sep 29

Charleston Mansion Restoration Sale: 1840s Ravenel House fetches $18.25m; nearly triples 2016 price

In 2016, Scott Bessent and John Freeman acquired the iconic John Ravenel House for $6.5 million. Following a meticulous three-year restoration that honored the house's historical elements while upgrading for luxury living, they listed it for $22.25 million in October 2024. Ultimately, the property sold for $18.25 million in March…

The Times of India · Sep 29

How Failed Fed Chair Candidate David Zervos Can Help Scott Bessent Rescue the Treasury Department’s Credibility

While the Fed's credibility has increased lately in investors' eyes, the same can't be said of Bessent's Treasury Department.

Barchart · Sep 28

Critics Express Health Concerns as Vice President JD Vance Reveals Donald Trump's Sleep Habits

Donald Trump sleep schedule questions return after JD Vance described 2:30am calls, while the White House disputed claims Trump slept at a 9/11 event.

International Business Times UK · Sep 27

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US pressure on Iran bites as Gulf nations tighten economic screws: Scott Bessent

The campaign centres on Operation Economic Outcast, launched by the US Treasury on August 24 as a broad effort to cut Iran’s access to international finance and other economic channels. The Treasury says the campaign is targeting networks involved in oil smuggling, sanctions evasion and the movement of money linked…

The Times of India · Sep 27

US Treasury chief Bessent claims successes in isolating Iran

US Treasury Secretary Scott Bessent has initiated global efforts to economically isolate Iran through new restrictions. These restrictions target airlines and banking operations in various countries. Turkey and Oman have stopped flights from Mahan Air and the UAE has prohibited Iranian airline flights. Additionally, banking transactions involving Iran's Bank Melli…

The Economic Times · Sep 27

Iraq seeks exemption from US ban on Iran airlines

Iraq is currently negotiating with the United States for an exemption from the recent ban on Iranian airlines. This ban has caused significant travel disruptions at airports, especially in Najaf, impacting patients and students. Many Iraqis are expressing concern over losing access to medical treatment and the potential for long…

The Economic Times · Sep 26

No AI Truce Yet: What the Trump-Xi Summit Really Changed

US and China leaders, alongside Sam Altman, Elon Musk and Jensen Huang, negotiate AI safety guardrails and an emergency incident hotline.

Latin Times · Sep 26

Lip Reader Reveals The Comment From JD Vance That Made Ivanka Trump Warn Him “Don’t Say That”

Lip reader Nicola Hickling interpreted a private JD Vance-Ivanka Trump exchange during Xi Jinping’s White House visit, claiming Ivanka told him, “Don’t say that.”

Bored Panda · Sep 25

Pandas then, pandas now: Trump and Xi are well past Nixon-era magic

Donald Trump and Xi Jinping recently met in Washington to symbolize cooperation in US-China relations. The summit featured the announcement of two pandas to Zo Atlanta as a gesture of friendship. They extended a trade truce rather than resolving major economic disputes or tariffs. Despite strategic rivalry, both countries aim…

The Economic Times · Sep 25

The U.S. And China Are The Top AI Competitors. Xi Said There Is More Room For Cooperation.

"Both sides have competition. Cooperation, even more so," Xi said when meeting with Trump.

International Business Times · Sep 25

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Fortune · Sep 25

Trump made more than 1,100 trades in July alone—nearly 40 times Treasury Secretary Scott Bessent’s total for all of last year

Trump’s accounts logged 1,156 trades in July, while Bessent disclosed just 29 transactions in 2025.

The Economic Times · Sep 25

'Let's race, not wrestle': 5 key takeaways that defined Trump-Xi meet in Washington

Trump and Xi Jinping met at the White House for talks focused on trade, AI and the broader US-China strategic rivalry. Xi called for cooperation and “healthy” competition, while urging both sides to avoid conflict and keep AI under human control.

The Times of India · Sep 25

Trump-Xi meeting: 5 key takeaways as trade truce, Taiwan and AI dominate talks

Donald Trump and Xi Jinping met at the White House to discuss key issues like trade and artificial intelligence. They agreed to extend their trade truce by two months while significant disputes remain unresolved. Taiwan and its security implications were also central to the discussions, as Xi urged caution regarding…

Latin Times · Sep 25

Trade Truce, Taiwan Tensions, and Tech Titans at the Table: Everything From the Trump–Xi Summit

Trump and Xi wrapped a three-hour White House meeting with a trade truce extension to Jan. 10, but Taiwan arms and AI guardrails remain unresolved.

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The Economic Times · Sep 24

Why are American Airlines, United Airlines, Delta Air Lines, others U.S. carriers opposing China President Xi Jinping's idea of adding more direct flights between two countries?

US President Donald Trump welcomed Chinese President Xi Jinping to the White House on Thursday, with talks on trade and artificial intelligence and the growing strategic rivalry between the countries all in the spotlight during an elaborate state visit.

The Independent UK · Sep 24

Ivanka gets front row seat for Chinese visit while Trump’s Cabinet are further back

The seating arrangement drew backlash on social media, including from a conservative television host

Fortune · Sep 24

The U.S. and China are quietly talking AI guardrails—even as Trump publicly rejects them

The U.S. and China just held their first AI dialogue, as Beijing courts the rest of the world with open-source AI.

International Business Times · Sep 24

Chinese President Xi Jinping Is Already In Washington. Bessent Says a Trade Truce Has Been Extended.

The countries have also had their first talks related to artificial intelligence, according to Beijing's Commerce Ministry.

Barchart · Sep 24

Nasdaq Futures Plunge as Rising Bond Yields Deepen Chip Selloff, Trump-Xi Summit in Focus

December Nasdaq 100 E-Mini futures (NQZ26) are down -1.04% this morning as rising Treasury yields sparked a fresh wave of selling in chipmakers.

The Economic Times · Sep 24

'Busan Agreement' explained: What the US-China trade truce means for world trade

US Treasury Secretary Scott Bessent announced the extension of the Busan Agreement until January 10, 2027. This extension allows both sides more time to negotiate without facing immediate tariff threats. The Busan Agreement was initially established to ease trade tensions between the US and China last year. Key areas of…

The Independent UK · Sep 24

Trump and Xi Jinping head into Washington summit with both leaders thinking time is on their side

Presidents Donald Trump and Xi Jinping have a packed agenda for their talks at the White House

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