News

Bessent Has Yet to Fully Divest Assets, Raising Concern at Ethics Agency

The Treasury secretary has been slow to shed assets, including farmland, posing potential conflicts of interest.

New Bitcoin Purchases by the U.S. Government Still on the Table, Bessent Says

Initially, Bessent disappointed Bitcoin fans Thursday morning when he said the U.S. government’s so-called strategic Bitcoin ...

Bessent Visit to IRS--With Whistleblowers--Sends Message

IRS acting commissioner Scott Bessent spent 45 minutes in the building to reassure the troops that he is hands-on and taking ...

Treasury Secretary Scott Bessent pushes back on claims he’s pressuring the Fed to slash rates

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...

Bessent vows to finish divestitures that ethics office says are late

U.S. Treasury Secretary Scott Bessent said on Wednesday he was working to divest illiquid personal assets including farmland ...

Bessent makes first visit to IRS as acting commissioner

Treasury Secretary Scott Bessent made his first visit to the Internal Revenue Service (IRS) as the acting commissioner ...

Treasury's Bessent says fixing housing affordability crisis will be one of his 'big projects' this fall

Housing affordability crisis deepens as Treasury Secretary Bessent announces plans to address mortgage rates through ...

Bessent Says He’s Not Pushing Fed Cuts, Just Touting Models

US Treasury Secretary Scott Bessent said he isn’t calling for a series of interest-rate cuts from the Federal Reserve, just ...

Bessent Says Interest Rates Should Fall by at Least 1.5 Percentage Points Over Time

Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...