Jun 04 WATCH: Bessent returns to the Hill to face more questions on Trump's IRS deal By Associated Press Treasury Secretary Scott Bessent was back on Capitol Hill to testify before the House Ways and Means Committee on the department’s priorities, one day after he refused to say whether President Donald Trump and his family would still get immunity… Continue reading
Jun 03 WATCH: Bessent recalls telling acting intelligence director Pulte he was 'going to kick his ass' By Maria Ramirez Uribe Bessent said he made the comment in the summer of 2025. President Donald Trump named Pulte acting director of national intelligence this week. Continue reading
Jun 03 WATCH: Bessent refuses to tell Senate panel whether Trump remains exempt from IRS audits By Fatima Hussein, Associated Press “There’s continuing litigation, and I’m unable to comment on ongoing litigation,” Bessent told lawmakers at the Senate Finance Committee hearing. Continue reading
May 28 Key inflation gauge worsens as Americans' income and spending power erodes By Christopher Rugaber, Paul Wiseman, Associated Press A key inflation gauge accelerated in April to the highest level in three years, squeezing Americans' finances and creating political challenges for President Trump and congressional Republicans with midterm elections just five months away. Continue reading
May 28 Bessent says Trump Accounts app coming Thursday By Associated Press A provision of Trump’s tax legislation, Trump Accounts are meant to give $1,000 to every newborn, so long as their parents open an account. Continue reading
May 28 WATCH: $250 bill with Trump's picture is up to Congress, Bessent says at White House briefing By Associated Press Treasury Secretary Scott Bessent said Thursday the $250 bill with President Donald Trump's picture is up to Congress, where legislation to allow a new currency note has stalled. Continue reading
May 21 WATCH: Trump explains why he postponed signing AI executive order By Collin Binkley, Matt O'Brien, Associated Press President Donald Trump called off a signing ceremony Thursday for a new order on artificial intelligence because he worried it could dull America’s edge on AI technology. Continue reading
Apr 22 WATCH: Bessent testifies on Trump's Treasury Department budget request before Senate committee By Associated Press Treasury Secretary Scott Bessent doubled down on economic pressures on Iran on Tuesday. Continue reading
Apr 15 Trump administration prepares for pivot to economic warfare on Iran By Fatima Hussein, Aamer Madhani, Will Weissert, Seung Min Kim, Associated Press Treasury Secretary Scott Bessent told reporters at a White House briefing Wednesday that the U.S. plans to ramp up economic pain on Iran, and said the new moves will be the “financial equivalent” of a bombing campaign. Continue reading
Apr 15 WATCH: Bessent warns that U.S. is launching 'financial equivalent' of bombing Iran By Associated Press The warning comes the day after Treasury Department sent a letter to financial institutions in China, Hong Kong, the United Arab Emirates, and Oman, threatening to levy secondary sanctions for doing business with Iran. Continue reading