President Donald Trump has abandoned traditional bargaining in favor of a two-pager ultimatum, sending more of his tariff letters to more countries. “A letter means a deal,” he told reporters, adding ...

In a post on Truth Social, President Trump said these tariffs on Moldova will kick in from August 1 and will cover all goods imported from the country.

Photo: Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee on Capitol Hill on June 11, 2025.

Scott Bessent became the 79th Secretary of the Treasury of the United States on January 28, 2025 serving under President Donald Trump. Prior, Bessent was Chief Investment Officer for Soros Fund ...

For many countries, the reprieve from President Donald Trump’s eye-watering tariffs, which were implemented on April 2 and temporarily reduced to 10% a week later, is soon set to come to an end. The ...

Refineries purchase Iranian oil, and then transfer payments to these front companies, who in turn, move funds to other front ...

The Trump administration announced Wednesday it has designated more than 20 entities as complicit in the facilitation of ...

The Treasury secretary is breaking with tradition in publicly assailing the central bank’s policies as President Trump looks ...

U.S. Treasury Secretary Scott Bessent will skip a Group of 20 finance officials meeting in South Africa next week, sources ...

The president also decided to send out letters as a way to keep the pressure up.

U.S. Treasury Secretary Scott Bessent will not attend next weeks G20 finance ministers and central bank governors meeting in ...

U.S. Treasury Secretary Scott Bessent announced plans to meet with his Chinese counterpart in the coming weeks to advance ...