Scott Bessent

A bridge on I-40 in East Tennessee will be renamed the Donald J. Trump Bridge. The event, led by U.S. Secretary of the Treasury Scott Bessent, includes elected officials and takes place in Jefferson County, crossing the French Broad River in Dandridge.

US President Donald Trump threatened to end all trade between the USA and Spain during a NATO summit in Ankara, criticizing Spain's lack of participation and financial contributions to NATO. Trump directed his remarks at US Treasury Secretary Scott Bessent, though no concrete implementation plan was provided. The potential action could impact EU-wide trade frameworks due to Spain's membership in the European Union and European internal market.

US President Donald Trump stated the deal with Iran is over and called Iranian leadership 'sick people.' He also ordered Treasury Secretary Scott Bessent to cut trade ties with Spain, labeling Madrid a 'terrible partner' in NATO.

U.S. President Donald Trump announced at a NATO summit that he ordered Treasury Secretary Scott Bessent to cut off all trade with Spain, calling Madrid a 'terrible partner' in the alliance. Trump stated he wants no business with Spain.

The Treasury Department has scrapped plans to feature Harriet Tubman on the $20 bill, as stated by Treasury Secretary Scott Bessent. The Trump administration is 'not at present' planning to place her likeness on the bill.

The White House announced the launch of Trump Accounts, providing $1,000 government-funded investment accounts for children born during Trump's second term. Treasury Secretary Scott Bessent highlighted that 86% of 6 million enrolled families earn less than $200,000, with private donors like Michael Dell and Ray Dalio contributing seed money. Critics argue the program does little to address early childhood poverty.

President Donald Trump rings the opening bells for the New York Stock Exchange and Nasdaq, linking his presidency to stock market gains amid criticism of his economic leadership. The event promotes 'Trump Accounts,' a policy from the 2025 tax and spending cuts bill aimed at increasing stock index investments for children, while inflation and rising consumer prices have hurt Trump's approval ratings.

President Donald Trump rings Wall Street’s opening bells from the Oval Office, linking his presidency to stock market gains. He promotes Trump Accounts, part of a 2025 tax bill aimed at expanding stock index investments for children. Despite market gains, his economic leadership approval stands at 33%, with inflation eroding public support.

President Donald Trump rings Wall Street's opening bells from the Oval Office, emphasizing stock market gains as part of his economic agenda. He promotes Trump Accounts to expand stock index investments for children, despite 33% approval for his economic leadership. The S&P 500 rose 17.9% in 2025, but rising inflation has hurt his public support.

President Trump rings Wall Street's opening bells, linking his presidency to stock market gains amid low public approval for his economic leadership. Trump promotes 'Trump Accounts' to expand stock market exposure, but 38% of Americans currently do not own stocks. The S&P 500 has seen significant gains in recent years, though inflation remains a political challenge for Trump.

Treasury Secretary Scott Bessent previewed new U.S. currency featuring President Trump's signature, set to circulate for the nation’s 250th birthday. The $100 bill includes both their signatures, as shared on Trump’s Truth Social account.

Treasury Secretary Scott Bessent announced the introduction of U.S. dollar bills featuring President Donald Trump’s signature to commemorate the nation’s 250th birthday. The move aligns with Trump’s efforts to imprint his name on institutions, including the U.S. Institute of Peace and the John F. Kennedy Center for the Performing Arts, though a court later removed his name from the latter.

Trump Accounts, investment accounts for American children under 18, officially launched on July 4. Michael Dell pledged $250 for the first 25 million qualifying children, while the US Treasury offers a $1,000 deposit for eligible children born between 2025 and 2028. The initiative allows annual contributions up to $5,000 and includes support from companies like BlackRock, Chipotle, and MasterCard.

OpenAI CEO Sam Altman is considering offering a 5% stake in the company to the U.S. if competitors like Meta, Google, and Anthropic agree to similar terms, according to the Financial Times. Altman has met with President Donald Trump, Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent, and Sen. Bernie Sanders to discuss public ownership of AI companies, aiming to align OpenAI with government interests and avoid the fate of Anthropic.

Sam Altman is considering offering a 5% stake in OpenAI to the U.S. if competitors like Meta, Google, and Anthropic also contribute 5% to the public. Altman met with President Donald Trump, Commerce Secretary Howard Lutnick, and Treasury Secretary Scott Bessent to discuss the plan, which aims to align OpenAI with government interests and avoid a similar fate to Anthropic.

President Donald Trump and his allies are intensifying efforts to reshape the Federal Reserve by targeting members of the Board of Governors, including Lisa Cook and former Chair Jerome Powell, following a Supreme Court ruling that blocked an attempt to remove Cook. The administration is also seeking to influence the central bank through a vacancy at the Atlanta Fed.

Treasury Secretary Scott Bessent discussed inflation, gas prices, and Trump Accounts, which are now available, during an exclusive interview with Kelly O'Grady.

President Donald Trump shared an image of a new $100 bill featuring his signature, following the Treasury Department's announcement to include a sitting president's signature on U.S. currency for the first time. The Treasury Secretary, Scott Bessent, stated this change commemorates the 250th anniversary of the United States, while efforts to place Trump's image on other memorabilia and a proposed $250 bill face legislative challenges.

President Donald Trump shared an image of a $100 bill with his signature, following the Treasury Department's announcement that a sitting president's signature would appear on U.S. currency for the first time. Treasury Secretary Scott Bessent stated the move honors the 250th anniversary of the United States, though it is unclear if such bills are currently being printed. The bill previously featured the Treasury secretary and treasurer's signatures but not the president's.

Treasury Secretary Scott Bessent dismissed criticism of President Trump for earning over $1 billion in cryptocurrency profits during his presidency, stating there is 'no appearance problem.' Bessent emphasized the innovation aspect of the cryptocurrency gains during an interview with CBS News anchor Kelly O’Grady.

Treasury Secretary Scott Bessent stated inflation could decrease 'as soon as this month' and discussed high gas prices, inflation, President Trump's cryptocurrency earnings disclosure, and the launch of Trump Accounts for children.

Anthropic's AI models were temporarily removed from the internet due to a 'jailbreaking' issue flagged by Amazon and addressed by the Trump administration. A 20-day technical and regulatory showdown involving export controls, cybersecurity reviews, and multi-agency collaboration led to the models' July 1 release after safety adjustments.

Treasury Secretary Scott Bessent addressed the recent disclosure of President Trump's crypto earnings and discussed developments related to the tax-deferred Trump Accounts, as well as challenges facing the U.S. economy. Bessent stated there's no appearance problem with Trump's crypto earnings.

Treasury Secretary Scott Bessent discusses stock donations for Trump accounts, the war in Iran, and President Trump's $1.4 billion in cryptocurrency earnings during an interview with CBS News' Kelly O'Grady.

The U.S. Treasury imposed sanctions on individuals and companies linked to the Jalisco New Generation Cartel for a fuel theft and tax evasion scheme generating millions annually. Treasury also issued an alert to financial institutions about red flags for fuel smuggling from the U.S. into Mexico, as the cartel expands beyond drug trafficking.

The U.S. Treasury imposed sanctions on two Mexican men and nine companies linked to fuel theft and tax evasion for the Jalisco New Generation Cartel, while issuing a bank alert to identify fuel smuggling red flags. Treasury Secretary Scott Bessent emphasized the cartel's expansion beyond drug trafficking to generate revenue.

The U.S. Treasury imposed sanctions on two Mexican men and nine companies linked to the Jalisco New Generation Cartel for involvement in a fuel theft ring. It also issued a bank alert highlighting red flags for fuel smuggling and tax evasion schemes. The Treasury Secretary emphasized the cartel’s expansion beyond drug trafficking, while the DEA noted its presence in 21 Mexican states.

The U.S. Treasury imposed sanctions on two Mexican men and nine companies linked to the Jalisco New Generation Cartel (JNGC) for involvement in a fuel theft ring evading Mexican taxes. Treasury also issued a bank alert to financial institutions warning of fuel smuggling schemes tied to the cartel, which has expanded beyond drug trafficking to generate revenue.

US Treasury Secretary Scott Bessent urged oil and gas companies to lower prices, following Donald Trump's criticism of slow price reductions. Bessent emphasized that authorities are monitoring the situation and encouraged companies to act responsibly.

The Federal Reserve Bank of Atlanta delayed selecting a new president until Kevin Warsh's appointment as Fed chairman, allowing him to influence the choice of an official who will vote on interest rates in 2027. The process, paused after Warsh's swearing-in, has drawn attention from Trump administration officials, including Treasury Secretary Scott Bessent and Kevin Hassett, amid broader efforts to reshape the central bank. Candidates interviewed include Rebecca Patterson, Marc Sumerlin, and Michael Faulkender.

Three International Criminal Court judges have sued US President Donald Trump and his administration, alleging sanctions were imposed for their work on ICC investigations involving Israel and the United States. A New York federal court has ordered the government to respond to the lawsuit within 60 days.

Treasury Secretary Scott Bessent increased involvement in AI policy after financial institutions warned advanced models could threaten critical infrastructure like the Federal Reserve payment systems. Banks and the Treasury have collaborated with the Fed to develop alternative fund transfer methods, while advanced models like Anthropic’s Mythos intensified concerns about risks to financial stability and national security.

Three International Criminal Court (ICC) judges are suing U.S. President Donald Trump and his administration in a New York federal court, alleging that sanctions like asset freezes and travel bans are punishing them for conducting ICC investigations in Palestine and Afghanistan. The lawsuit claims the sanctions violate judicial independence and target their work on cases involving alleged crimes in those regions.

A US official confirmed that frozen Iranian funds have not been released and will remain frozen until Iran meets the terms of Trump's interim agreement. Treasury Secretary Scott Bessent stated the Treasury Department would oversee any future spending of these funds, with a significant portion allocated to purchasing US foodstuffs and medicines.

US House Foreign Affairs Committee Chairman Brian Mast and US Treasury Secretary Scott Bessent warned that the US is the 'superhero' and China the 'supervillain' in the global AI leadership race, with concerns that China is eroding the US' early advantage.

Iran's top negotiator Mohammad Bagher Ghalibaf rejected U.S. claims that Iran's unfrozen assets will be used to purchase U.S. agricultural products. U.S. Treasury Secretary Scott Bessent and President Donald Trump made the claim, to which Ghalibaf responded with a sarcastic remark about U.S. exports and mistrust.

Zohran Mamdani, a state assemblymember, secured three congressional endorsements for Democratic Socialist candidates, all of whom won primaries in New York. Treasury Secretary Scott Bessent acknowledged Mamdani as a Democratic leader, highlighting a shift in political dynamics. The article notes a growing economic populist movement among Democrats, though the surge is primarily localized to races involving Mamdani.

Treasury Secretary Scott Bessent claims Mayor Zohran Mamdani is the leader of the Democratic Party, citing recent House primary wins by Mamdani-backed candidates. Bessent discusses a plan to expand stock market participation and notes Democratic socialist gains in Maine and Michigan. He also highlights weekly meetings with Federal Reserve Chair Kevin Warsh.

President Trump ordered a Department of Justice probe into gasoline pricing, claiming consumers are being 'gouged' despite falling oil prices. Treasury Secretary Scott Bessent highlighted concerns about U.S. reliance on foreign oil supply chains, as tensions in the Middle East disrupt shipments through the Strait of Hormuz.

US Treasury Secretary Scott Bessent stated that China surpassing the United States in artificial intelligence is the 'biggest risk' of the technology, emphasizing that this risk outweighs concerns over safety or job losses. He highlighted China's willingness to discuss AI as evidence of America's current technological lead.