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The Latest Breaking News from Scott Bessent

Scott Bessent tells NYC to ‘drop dead’ while he arranges a $20B swap line for Argentina’s chain-saw-wielding, dog-cloning president

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.

Fortune

Gift to Trump

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

Reason

Bessent says New York can ‘drop dead’ if it elects Mamdani and ever needs a bailout

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

Fortune

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Stocks Slip Before the Open With Focus on U.S. Economic Data and Fed Speak

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.

Barchart

Trump's $350 Billion Trade Deal With South Korea Faces Pushback: President Lee Demands 'Commercially Rational' Terms

South Korean President Lee Jae Myung is pushing back on the terms of a proposed $350 billion trade and investment deal with the United States, which it had initially agreed to with President Donald Trump in July, saying that any agreement must be “commercially rational” and reflect the interests of…

Benzinga

Why Argentina is looking to the Trump administration for a bailout − and what the US Treasury can do to help

President Donald Trump vowed to help out his Argentine counterpart Javier Milei on Sept. 23, 2025, a day after the U.S. administration said “all options” were on the table in regard to a bailout for the Latin American country’s rocky economy.

The Conversation

The Latest: 3 people shot at a Dallas ICE facility and the shooter is dead, official says

Federal authorities have reported a shooting at a U.S. Immigration and Customs Enforcement facility in Dallas

The Independent UK

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US Treasury Says In Talks To Support Argentina's Central Bank

US Treasury Secretary Scott Bessent said Wednesday that Washington is in talks with Argentina for a swap line allowing the country access to billions of dollars, as its right-wing leader Javier Milei seeks to calm markets ahead of midterm elections.

International Business Times

'We're Gonna Help': Trump To The Rescue Of Struggling Argentina

US President Donald Trump promised financial "help" for struggling Argentina in a meeting with close ally Javier Milei, who is seeking a US loan to calm markets ahead of crucial mid-terms elections.

International Business Times

US pledges to do ‘what is needed’ to support Argentina’s economy

Treasury secretary says US considering measures to stabilise Latin American country amid asset selloff.

Al Jazeera

US Mulls Economic Lifeline For Ally Argentina

The US Treasury said Monday it stood ready to "do what is needed" to support Argentina's economy, as President Javier Milei battles to calm jittery financial markets.

International Business Times

TikTok Algorithm To Be 'Controlled By America' As US Nears Majority Stake In Landmark Split Deal

On Saturday, the White House said a long-awaited agreement on TikTok would hand Americans control of the app's powerful algorithm and place the platform under a U.S.-led board.

Benzinga

Donald Trump and Xi Jinping set to discuss TikTok deal and US-China trade relations

“I’m speaking with President Xi, as you know, on Friday, having to do with TikTok and also trade,” Trump said Thursday. “And we’re very close to deals on all of it.”

Euronews

Trump confused Armenia with Albania and claimed not to know Mandelson

The US president appeared alongside Prime Minister Sir Keir Starmer at Chequers for a press conference to round off his state visit to Britain.

Evening Standard

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International Business Times

IMF Proposes US Treasury Official As Second-in-command

The IMF has proposed appointing the US Treasury Department's chief of staff as its new number-two official, the Washington-based lender said Thursday.

The Guardian - UK

Who sat next to whom at Trump’s Windsor banquet – and what does it tell us?

US president was next to Princess of Wales while Rupert Murdoch had the ear of Starmer’s chief of staff

Euronews

Trump extends TikTok shutdown deadline for fourth time after reaching framework deal with China

US President Donald Trump postponed federal law to ban social media platform TikTok while American and Chinese officials iron out a framework deal.

Benzinga

Why Bessent's Tariff Talk Puts Dollar-Sensitive Stocks On Edge

Stanley Druckenmiller's protégé, Treasury Secretary Scott Bessent, is stirring fresh debate on Wall Street with his latest read on tariffs and trade in a CNBC Squawk Box interview. At first glance, a narrowing U.S. trade deficit with China looks like a policy win, but Bessent warns it could have unintended…

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Benzinga

Bessent Says Trump Was Ready To Let TikTok 'Go Dark' — Here's What That Means For Tech Stocks

President Donald Trump was ready to let TikTok "go dark" — and that hardball stance forced China back to the negotiating table, according to Treasury Secretary Scott Bessent. But while Washington debates national security, Wall Street is asking a different question: what does TikTok's uncertain fate mean for U.S. tech…

Evening Standard

Reeves and US counterpart Bessent meet finance chiefs

Chancellor Rachel Reeves said they were delivering ‘investment and opportunity’ on both sides of the Atlantic.

The Independent UK

Asian shares trade mixed after Wall Street sets new records

Asian shares are trading mixed after Wall Street set new records as investor anticipation grew that the U.S. Federal Reserve will announce the first cut of the year on its main interest rate

The Independent UK

Ukraine-Russia war latest: Trump says it ‘takes two to tango’ over lack of progress on Putin-Zelensky talks

The US president said Zelensky ‘has to make a deal’ and refused to criticise Putin for stalling peace talks

Al Jazeera

Russia-Ukraine war: List of key events, day 1,300

Here are the key events on day 1,300 of Russia’s war on Ukraine.

Al Jazeera

China accuses Nvidia of violating anti-monopoly laws

The claim came as the US and China held trade talks in Madrid that concluded on Monday.

Axios

TikTok will retain "Chinese characteristics" after sale, Bessent says

The latest extension on the app's ban was due to expire this Wednesday

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