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Treasury Secretary, Scott Bessent and Federal Reserve

Treasury Secretary Scott Bessent Not In Compliance With Ethics Agreement

In a statement issued by the Treasury Department, Bessent said he had completed all but 4% of the asset divestitures required by his ethics agreement.

Crypto Briefing · 4m

Trump’s Treasury Secretary Scott Bessent rules out new acquisitions for crypto reserve

Scott Bessent confirms no new acquisitions in the U.S. crypto reserve strategy, relying on confiscated assets and halting future sales.

UPI · 15h

Treasury Secretary Bessent wants the Fed to lower its lending rate

The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary Scott Bessent said on Wednesday.

Bessent Sees Nvidia, AMD China Agreements

Bloomberg on MSN · 20h

Bessent sees Nvidia, AMD China agreements as a model for others

Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume lower-end AI chip sales to China, on the condition they give the US government

Fortune on MSN · 16h

Bessent says unusual Nvidia, AMD revenue-sharing deal could be a ‘model’ for other industries

Bessent called the deal "unique," before suggesting that it could be a lot less unique soon. Scholars have another word: unprecedented.

Boston Herald · 15h

Bessent sees 15% cut on Nvidia, AMD AI chip sales to China as a model for others

Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume lower-end AI chip sales to China, on the condition they give the U.S.

15h

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.

11hon MSN

Treasury Secretary Scott Bessent fails to divest his financial holdings and hit with watchdog warning

Trump’s Treasury Secretary Scott Bessent has failed to divest his financial holdings, the government’s ethics watchdog has ...

Bessent’s Rebuke to BOJ’s Cautious Approach Sends Yen Higher

US Treasury Secretary Scott Bessent criticized the Bank of Japan’s cautious approach to raising interest rates, saying it was ...

10hon MSN

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.

Fed's Daly says big rate cut in September not needed in rebuff to Bessent

Short-term U.S. government bonds are underperforming longer-duration Treasurys after San Francisco Fed President Mary Daly ...

13h

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 ...

14hon MSN

Fed cut seen near certain after inflation data, Bessent comments

The likelihood of a Federal Reserve rate cut in September is now seen near 100% after new data showed U.S. inflation ...

1don MSN

Bessent Addresses Musk’s Mysterious Black Eye After Their White House Brawl

Treasury Secretary Scott Bessent has denied suggestions that he gave Elon Musk a black eye after the pair brawled in the ...