News

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 ...

Treasury Chief Bessent reverses stance, says U.S. will buy Bitcoin

U.S. Treasury Secretary Scott Bessent has reversed course, saying the government will explore budget-neutral ways to buy ...

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 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.

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 Given Extension to Divest After Missing Ethics Deadline

Treasury Secretary Scott Bessent has been granted an extension after failing to fully divest all his assets in compliance ...

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 ...

Bessent says BOJ is 'behind the curve' on inflation, likely to hike rates, in Bloomberg interview

The Bank of Japan will likely be raising interest rates as it is behind the curve in dealing with the risk of inflation, U.S.

Bessent Warns Europe It’s ‘Put Up or Shut Up’ Time on Russia

Treasury Secretary Scott Bessent urged European nations to be prepared to get on board with higher tariffs on China and other ...

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 ...