Treasury Secretary Scott Bessent’s finances were reviewed by the inspector general after Mr. Bessent incorrectly listed at least $100,000 of the stock, which was owned by his husband, as cash.
The New York Times•Alan Rappeport2h ago
This incident highlights the challenges of ensuring transparency and accuracy in financial disclosures for high-ranking officials.
CryptoBriefing•Editorial Team2h agoTreasury Secretary Scott Bessent’s finances were reviewed by the inspector general after Mr. Bessent incorrectly listed at least $100,000 of the stock, which was owned by his husband, as cash.
The New York Times•Alan Rappeport3h ago
Iraq, Oman and Azerbaijan join growing list of nations suspending air travel after Scott Bessent warns of further sanctions
U.S. Treasury Secretary Scott Bessent has emerged as a leading candidate to become President Donald Trump’s next artificial intelligence czar as the administration prepares to establish a new “AI Force.” Semafor reported on Sept. 22 that Bessent is among the…
President Trump has declared his support for a potential ban on diesel fuel exports amid record-breaking prices at the pump. “I've said let's not send out the diesel. We make a lot of diesel ... I've called for it. I've called for it within my people,” Trump said, as quoted by Reuters, on the sidelines of this week’s UN General Assembly. The comment follows a statement by Treasury Secretary Scott Bessent that the administration was mulling over the effectiveness of such a ban on exports, and whether it would be partial or total.…
Bessent could add AI czar duties to his Treasury role as Trump weighs new AI oversight amid rising bond yields.
BeInCrypto•Darryn Pollock16h ago
Iran's aviation officials negotiate with Oman and Iraq as US's Bessent targets carriers seven months into the conflict.
Al Jazeera18h ago
The Trump administration is considering a ban on exports of diesel as high prices of the fuel put a crunch on American agriculture and trucking. Asked Tuesday whether he was considering a ban on diesel exports, as some Republican lawmakers have called for in recent days, President Trump said, “I’ve called for that, too.” “I’ve…
The Hill•Rachel Frazin23h ago
Scott Bessent is reportedly a leading candidate for Trumps AI czar role as the Treasury secretary takes a larger role in US AI policy.
CryptoBriefing•Estefano Gomez23h ago
"We're examining whether it's feasible in terms of the overall refining capacity and whether a full or partial ban would work," Bessent said.
"That's good business for them, bad business for the American people."
U.S. Treasury Secretary Scott Bessent threatened Iranian airlines with a “shut-down” from tomorrow, by means of airports refusing to refuel them and sell tickets, in the latest verbal escalation in the U.S.-Iran war, despite reported efforts to achieve peace amid soaring energy commodity prices. “How do we do that? That if they land, you cannot provide them with fuel. You cannot provide them with landing services, you cannot sell them tickets, or you will be knocked out of the dollar system,” Bessent told CNBC in the latest…
Oil rose Tuesday, amid concerns of growing Iran-U.S. tensions. after U.S. Treasury Secretary Scott Bessent told CNBC that all Iranian airlines will be shut down from Wednesday.
The Treasury Secretary said that Washington was pressuring Iran "like never before"
Treasury Secretary Scott Bessent said Monday he has “great confidence” in Federal Reserve Chair Kevin Warsh, after the central bank raised interest rates by a quarter point against the wishes of President Trump. “I have great confidence in Chair Warsh,” Bessent told host Joe Kernen on CNBC’s “Squawk Box.” “More importantly, the president has great…
The Hill•Max Rego21 Sept
Treasury Secretary Scott Bessent said Monday officials from the U.S. and China are considering lowering tariffs on “noncritical” products, as President Trump prepares to host Chinese President Xi Jinping this week in Washington, D.C. During an interview on CNBC’s “Squawk Box,” Bessent said the two sides “floated” a deal to reduce tariffs on $30 billion…
The Hill•Max Rego21 Sept
Treasury Secretary Scott Bessent defended the White House’s ban of CNN, MS NOW and Politico reporters on White House grounds Monday on CNBC’s “Squawk Box.” Bessent joined the financial news show just days after President Trump banned members of three news agencies from the White House as a result of what he deemed “fake news.”…
The Hill•Ryan J. Karlin21 SeptThe breach underscores the urgent need for robust oversight and accountability in AI management to prevent systemic vulnerabilities and risks.
CryptoBriefing•Editorial Team21 SeptTreasury Secretary Scott Bessent said Sunday the U.S. is proposing a notification system between Washington and Beijing on AI amid growing concerns about the technology’s risks to humanity. The system, called the “U.S.-China AI dialogue,” would create a mechanism for the two superpowers to communicate when there are incidents that rise to “a national security…
The Hill•Julia Shapero21 Sept