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The Latest Breaking News from Scott Bessent

Russia-Ukraine war: List of key events – day 1,084

Here are the key developments on the 1,084th day of Russia’s full-scale invasion of Ukraine.

Al Jazeera

US Treasury Secretary To Discuss Critical Minerals In Ukraine

US Treasury Secretary to discuss Ukraine's critical mineral deposits with officials as President Trump eyes access in exchange for aid. President Zelensky ...

Top News

U.S. gold reserves could add $750 billion to Treasury overnight

Treasury Secretary Scott Bessent recently pledged to “monetize” the U.S. government’s assets.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

How a Stronger U.S. Dollar Could Counter Tariff Inflation

President Trump's tariffs may fan inflationary flames, but a rising U.S. dollar can help mitigate some of the pain as it remains the flight to safety currency.

MarketBeat

What is Doge? The US government department headed up by Elon Musk

Just what is Elon Musk's DOGE initiative and what are the implications for US government agencies?

Evening Standard

Musk staffer lands top Treasury gig

Tom Krause, a former executive involved in Elon Musk's DOGE, is the new financial assistant secretary at the Treasury

Salon

What do Trump’s tariffs mean for US-China trade?

The US president hopes tariffs will help close the huge trade gap by potentially pressuring Beijing into a new deal

The Guardian - UK

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Trump gives DOGE new marching orders as Japan’s Ishiba tries a little flattery - Roll Call

President Trump was praised by his Japanese counterpart Friday as he handed out new marching orders to Elon Musk and his DOGE team.

Roll Call

Trump Administration Disbands Programs Targeting Russian Oligarchs And Influence

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

Top News

USAID Unions Sue Trump Administration, Citing 'Unconstitutional Actions'

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

International Business Times

Treasury Secretary's New Plan To Lower Interest Rates

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

Top News

Senate Democrats Demand Meeting With Treasury Secretary Over Elon Musk

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

Top News

Judge Pauses Musk Plan For Mass Cull Of US Govt Workers

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.

International Business Times

Stock Market Today: Investors Respond to the Usual Uncertainty

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

Kiplinger

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Top News

US Treasury Imposes Sanctions On Iranian Oil Shipment Network

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

International Business Times

Treasury Secretary Says Trump Is Not 'Calling For The Fed To Lower Rates'

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

Barchart

Stocks Muted Before the Open With Focus on U.S. Economic Data and Amazon Earnings

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.

Al Jazeera

Why does Trump want a US sovereign wealth fund?

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

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International Business Times

US Treasury Says Musk Team Has 'Read-only' Access To Payments Data

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.

The Guardian - US

Medical debt reforms threatened by Trump pause on new regulations

Treasury secretary paused all work at Consumer Financial Protection Bureau, agency that was enacting reform

International Business Times

Treasury Faces Legal Challenge Over Data-Sharing Deal With Musk's DOGE

The lawsuit, filed in federal court in Washington, followed reports that Treasury Secretary Scott Bessent authorized the data-sharing arrangement with Elon Musk-led DOGE, last weekend.

The Guardian - AU

What is a sovereign wealth fund and why is Trump creating one now?

Designed to invest in the national interest, sovereign wealth funds are typically funded by countries rich in natural resources and it is unclear how a US fund would operate or be financed

The Independent UK

Trump administration pauses work of consumer watchdog and names Scott Bessent as acting head

Consumer Financial Protection Bureau has been a target of Republicans for years

Salon

Consumer agency is latest Trump purge

Treasury Secretary Scott Bessent has begun freezing work at the federal agency

The Independent UK

Why Musk's access to the Treasury payment system is so dangerous

Critics sound the alarm after Musk and DOGE allies ‘given access’ to internal Treasury payment system

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