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SCOTT BESSENT NEWS
US Treasury's Bessent says upsized bond buybacks could increase furtherUS Treasury Secretary Scott Bessent has outlined a strategy to ramp up bond buybacks, aiming to enhance market liquidity and instill confid...- Trump says no talks with Iran, naval blockade remains in forceUnited States President Donald Trump stated no talks are happening with Iran. He affirmed the naval blockade remains fully in effect and op...
- Iran defiant on strait as Trump tells Americans to accept high gas pricesIran has rejected US claims of control over the Strait of Hormuz and demanded Washington accept its conditions before shipping resumes. The...
- Oil inches toward $90 on tanker attacks, lack of progress in Iran war peace dealCrude oil futures experienced an upward trend on Friday due to disruptions from tanker attacks and the stagnation of peace talks. Brent cru...
- Hormuz traffic slows further after US threatens more economic pressure on IranTransit through the Strait of Hormuz has nearly stopped after two ships were attacked. The United States stated it can maintain a naval blo...
- US warns Iran it will step up economic pressure; two more ships attacked in HormuzShip traffic in the Strait of Hormuz slowed significantly after two vessels were attacked. The United States stated it can maintain a naval...
- US to unleash ‘economic isolation’ on Iran next week as Trump pressure campaign intensifiesThe United States plans to intensify economic pressure on Iran next week, with Treasury Secretary Scott Bessent warning of measures unprece...
- Oil Price Today (August 14): Crude oil dips below $88 despite Trump’s threat to blockade Iran indefinitely. What are experts saying?Brent crude futures were down 30 cents, or 0.34%, at $86.77 a barrel, while US West Texas Intermediate (WTI) crude futures gained 34 cents ...
- Oil steadies after US threatens to blockade Iran indefinitelyOil prices edged higher on Friday amidst fresh supply anxieties, largely sparked by the U.S.'s warning of a possible indefinite naval block...
- Rubio, Bessent stayed on decoy flight from Turkiye as Trump switched planes, official saysTrump was secretly moved to a smaller military jet after an Iranian threat during his return from the NATO summit in Türkiye. Secretary of ...
- US stocks: Dow, S&P 500 close at record highs as AI earnings impress, oil prices tumbleStock markets soared to all-time highs on Tuesday, fueled by stellar earnings from corporations. AI-focused entities like Palantir and the ...
- OpenAI's Sam Altman to meet with Senate Intelligence Committee's top DemocratLast week, OpenAI disclosed that an autonomous agent powered by its advanced AI models breached the systems of AI company Hugging Face duri...
- Florida airport renamed 'Trump' in latest push to expand his brandA Florida airport was renamed President Donald J. Trump International Airport on Thursday. This renaming accelerates a push to place the pr...
- Iran's unsold oil piles up at sea as buyers stay waryIran is struggling to sell its growing oil stockpile at sea as a US deadline looms, potentially costing Tehran vital revenue and weakening ...
- US Stock Market: Bessent applauds Fed communication reset, questions dot plot's relevanceU.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh's push to revamp the Fed's communication strategy, inclu...
- Bernie Sanders pushes 50%t public stake in AI giants, $1,000 dividend payout to every AmericanSenator Bernie Sanders has introduced legislation proposing a 50% public ownership stake in major US AI companies through a one-time stock ...
- Trump's unusual stock frenzy: Portfolio shows 3,600 trades in 90 daysTrump's investment accounts saw thousands of trades totaling hundreds of millions of dollars between January and March. This feverish activ...
- US set to release $12 billion in frozen Iranian assets amid peace deal framework: ReportA peace deal between the US and Iran is set to be signed, but a dispute over $12 billion in frozen Iranian assets threatens to derail it. W...
- US stocks going off the charts after Scott Bessent's nomination as Treasury Secretary in Trump's administrationThe US stock market is currently on a roll as investors are quite happy at the nomination of Scott Bessent as the Treasury Secretary in the...
- Billionaire Scott Bessent, who once worked for George Soros, is Trump's pick for Treasury secretary. Who is he?Donald Trump picked Scott Bessent to serve as Treasury secretary Friday. Scott Bessent is the founder of the investment firm Key Square Cap...
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