The Latest Breaking News from Scott Bessent

Will shut Iranian flights from Wednesday: US new arm-twist move against Tehran

US treasury secretary Scott Bessent said Iranian airlines could "effectively be shut out of global operations" from Wednesday and threatened foreign companies providing services to Tehran’s aviation sector with secondary sanctions.

The Times of India · Sep 22

Iran Foreign Minister Araghchi arrives in New York to participate in 81st UNGA session

Iranian Foreign Minister Abbas Araghchi arrived in New York for the UN General Assembly session. President Masoud Pezeshkian will also attend, addressing global issues and Iran's stance. He will meet with international leaders and Iranian expatriates during his visit. The US has denied visas to some Iranian delegation members, calling…

The Economic Times · Sep 22

'All Iranian airlines will be shut down around the world': Bessent threatens secondary sanctions against foreign airports, fuel suppliers

United States Treasury Secretary Scott Bessent warned Iranian airlines face international shutdown. Foreign companies providing services risk secondary sanctions and exclusion from the dollar system. This action escalates economic pressure on Tehran's aviation sector. Iran's airlines already face significant restrictions due to prior US sanctions. Discussions with China are ongoing…

The Economic Times · Sep 22

AI Leaders Keep Warning About Unrestrained Development. Bessent Said They Need To 'Take Responsibility For Themselves.'

"It is humans who are responsible, not the AI," Bessent said.

International Business Times · Sep 21

Bessent Said His Meeting With a Top Chinese Counterpart Was 'Successful.' They Discussed An AI Mechanism.

Bessent met with Chinese Vice Premier He Lifeng ahead of the summit between the countries' heads of state on Thursday.

International Business Times · Sep 21

US, China to hold more AI safety meetings in two months in Shenzhen, Scott Bessent says

Senior US and Chinese officials will meet again to discuss artificial intelligence dangers and communications protocols in about two months in Shenzhen, China, US Treasury Secretary Scott Bessent said on Monday.

The Economic Times · Sep 21

What to expect as Xi Jinping skips UN General Assembly to meet Trump instead

Analysis: While the Iran war will feature prominently in the talks, the main focus of the 24 September meeting is on whether the leaders will signal an extension to a trade truce struck last year that averted a major shock to the global economy. Arpan Rai reports

The Independent UK · Sep 21

U.S. Stock Futures Climb as Oil Falls, Optimism Builds Ahead of Trump-Xi Summit

December S&P 500 E-Mini futures (ESZ26) are up +0.69%, and December Nasdaq 100 E-Mini futures (NQZ26) are up +1.09% this morning as risk appetite improved amid a continued drop in oil prices and growing optimism ahead of a summit between U.S. President Donald Trump and Chinese leader Xi Jinping.

Barchart · Sep 21

Trump rails against ‘communist’ Democrats as he rolls out red carpet for Xi

Communism, President Donald Trump says, is the greatest threat the U.S. has ever faced

The Independent UK · Sep 21

No, Scott Bessent's bond plan isn't motivated by national debt hitting $40 trillion, say top economists—but he has revealed what will make him flinch

"This can backfire because the market will look at this and say, 'Well, the fact that you need to come out and say and do these things implies that this market has already lost the confidence of investors.'"

Fortune · Sep 21