The Latest Breaking News from Scott Bessent

Trump administration disbands Task Force KleptoCapture, shifts focus to combat TCOs and fentanyl trafficking, and revises FARA enforcement strategy.

The lawsuit names President Donald Trump, along with Secretary of State Marco Rubio, Treasury Secretary Scott Bessent, and their departments as defendants.

Treasury Secretary Bessent introduces a new strategy to target long-term interest rates, distinct from the Federal Reserve's typical approach. President Tr...

Senate Democrats demand meeting with Treasury Secretary over Elon Musk's access to federal payment systems, raising concerns and prompting alarm among offi...

The federal judge in Massachusetts ordered a temporary injunction on the plan's deadline -- midnight Thursday -- given by Musk for the country's more than two million government employees. The offer was to quit with eight months' pay or risk being fired in future culls.

Stocks surged late but the major indexes closed mixed as the search for market leadership continues.

U.S. Treasury sanctions network aiding Iranian oil shipments to China, targeting individuals and entities.

Scott Bessent said the president is instead focused on 10-year Treasury Bond yields.

March S&P 500 E-Mini futures (ESH25) are up +0.05%, and March Nasdaq 100 E-Mini futures (NQH25) are down -0.08% this morning as investors awaited a new round of U.S. economic data, remarks from Federal Reserve officials, and an earnings report from “Magnificent Seven” member Amazon.

Trump has demanded a plan to create a sovereign wealth fund to invest in global assets – ‘perhaps with TikTok’, he said.

The US Treasury said Tuesday that Elon Musk's government reform team can read data from its highly sensitive payment system but not alter it, after Democratic lawmakers raised the alarm over the move and called for an investigation.