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SCOTT BESSENT STATEMENTS
US Treasury chief says to halt Iran airlines' access to landing spotsThe United States is intensifying pressure on Iran. Treasury Secretary Scott Bessent announced measures to block Iranian airlines' access t...
Treasury officials moot $250 note featuring Trump: ReportAmerica may soon see a USD 250 currency note with President Donald Trump's portrait. This move requires a new law from Congress. Officials ...
US warns ties with Iran’s Strait of Hormuz authority may bring sanctions for 'anyone' involvedAmerica has issued a stern warning to global shipping and finance firms. Cooperation with Iran's new Persian Gulf Strait Authority could in...
US imposes sanctions on Iranian agency trying to control shipping in the Strait of HormuzThe Trump administration imposed new sanctions on Iran's newly formed agency controlling shipping through the Strait of Hormuz. This econom...
US Stock Market: Bond market pressure tests Trump as Iran conflict fuels yield surgeRising U.S. Treasury yields and surging oil prices are creating economic risks for the White House, impacting inflation and consumer borrow...
US Senator urges sanctions on entities paying Iran for passage via Strait of HormuzUS Senator Tom Cotton has called on the Treasury Department to sanction entities aiding Iran's control over the Strait of Hormuz. He specif...
Fed Minutes: More officials warned of rate hike scenarioFederal Reserve officials signaled a potential shift towards interest rate hikes if inflation persists above their 2% target. Many policyma...
G7 finance ministers vow cooperation to face 'heightened risks'Global economic leaders met in Paris to tackle instability caused by the Middle East war. They pledged cooperation to manage challenges lik...
World imbalances trouble G-7 in wake of Trump’s China encounterGlobal finance ministers convene in Paris to address lopsided world growth, focusing on structural misalignments after the US-China trade s...
Red carpet and red lines: Xi charmed Trump but gave up nothingWrapping up a two-day summit in Beijing, Trump has taken a step towards reducing tensions, but the gathering did not result in any major tr...
On a Beijing business trip: Trump-Xi meet signals managed rivalry, not reset in US-China tiesPresident Donald Trump's recent visit to China focused on managing competition between the two global powers. Leaders Xi Jinping and Trump ...
Trump says he and China's Xi agree Iran cannot have nuclear weaponsTrump and Xi Jinping also discussed keeping the Strait of Hormuz open for global shipping. Tensions remain high as the conflict continues. ...
Trump says made 'fantastic trade deals' with XiPresident Donald Trump met with President Xi Jinping in Beijing. They discussed significant trade agreements beneficial to both nations. Ch...
Trump says he is losing patience with Iran after talks with China's XiIran war: The U.S. paused its attacks on Iran last month but began a blockade of the country's ports. Talks aimed at ending the conflict ha...
Xi's 'blunt' warning to Trump on Taiwan exposes profound risks: AnalystsDuring a tense summit in Beijing, Chinese President Xi Jinping sent a clear message to US President Donald Trump regarding Taiwan. The talk...
Trump, Xi to weigh tariff cuts on $30 billion of imports in managed trade pushAn exciting trade initiative is on the horizon as America and China collaborate to redefine commerce concerning everyday products. With a p...
US targets Iraq's deputy oil minister and militias with sanctions for aiding IranAmerica has imposed sanctions on Iraq's deputy oil minister and certain militias. These actions are due to their alleged support for Iran. ...