Scott Bessent
-
financeScott Bessent Backs Kevin Warsh and Bets on Disinflation as Iran Conflict Cools
Treasury Secretary Scott Bessent supports Fed Chair Kevin Warsh, predicting disinflation after Iran conflict resolution, a scenario that could ease monetary policy and benefit risk assets.
-
cryptoUS Treasury Escalates Fight Against Southeast Asian Crypto Scams
US Treasury intensifies sanctions against Southeast Asian fraud networks, with losses exceeding $10 billion in 2024 under Scott Bessent’s leadership.
-
financeCurrency Volatility: Japan's Yen Intervention Under Discussion
Satsuki Katayama and Scott Bessent address yen volatility amid intervention concerns that could impact currency stability.
-
financeWarren Probes Private Equity’s $1 Trillion Bet on AI’s Energy Crisis
Senator Elizabeth Warren investigates private equity utility acquisitions, warning that opaque debt financing for AI data centers could burden consumers and destabilize markets.
-
worldGulf Allies Back Trump’s Iran Pressure Campaign Amid Nuclear Deal Talks
UN Ambassador Mike Waltz confirms Gulf states support US economic sanctions and blockades against Iran as nuclear negotiations near completion despite ongoing regional hostilities.
-
financeTreasury Empowers Banks to Share Surveillance Data Against Cartels and Fraud
Treasury Secretary Scott Bessent announced sweeping new authority for banks to share surveillance and cyber data with federal investigators targeting cartel financiers and immigration fraud networks.
-
worldUS Plans to Seize Iranian Assets to Rebuild Gulf Allies
Washington aims to redirect frozen Iranian funds for reconstruction in Gulf states, escalating tensions amid fragile ceasefire and ongoing drone strikes.
-
cryptoBitcoin Plunges to $61,000 as Long-Term Holders Dump Holdings
Bitcoin drops 25% in June; long-term holders sell $2.4B. Regulatory uncertainty weighs on market as CLARITY Act stalls in Senate.