The Latest Breaking News from Scott Bessent

Rare earth and critical mineral stocks tumbled Monday amid growing expectations that China might pause its latest round of export control measures. 

There isn’t a single industry that Donald Trump hasn’t influenced with his unpredictable choices. From federal employees to those depending on government assistance for food, soybean farmers to cattle ranchers, Trump’s behaviour has impacted everyone. Yet, he refuses to acknowledge this, and so do his loyal supporters.

The U.S. imposed sanctions on Colombian President Gustavo Petro, accusing him of allowing narco-terrorist organizations to thrive under his "total peace" plan, which Washington says has fueled a rise in cocaine production across Colombia.

A new analysis from economist Bob Elliott warns that a “surge in tariff related price hikes” is keeping inflation “stuck above 3%,” effectively wiping out any disinflationary relief consumers were seeing from falling rents.

Treasury Secretary Scott Bessent accused Democratic leaders of causing the ongoing government shutdown and condemned the Democratic-led boycott for harming both the economy and military personnel.

President Trump and Xi Jinping to finalise TikTok's US-China sale in Korea, ending months of trade tension and reshaping global tech relations.

The Senate this week is expected to vote on disapproval resolutions related to Trump's tariffs, in addition to votes related to the shutdown.

U.S. Treasury Secretary Scott Bessent defended the Trump administration’s handling of inflation and the affordability crisis, which he said was inherited from the previous administration led by President Joe Biden.

Homeland security said Hamdi’s visa had been revoked amid claims the move was apparent retaliation for his criticism of Israel. Key US politics stories from Sunday 26 October at a glance