Scott Bessent
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cryptoUS Seizes $1 Billion in Crypto from Iran, Bessent Says
Treasury Secretary Scott Bessent reveals the US has seized $1 billion in cryptocurrency from Iran-linked entities, amid rising tensions and reported peace talks.
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cryptoTreasury Secretary Urges Congress to Pass CLARITY Act for Crypto Regulation
Secretary Bessent pushes for CLARITY Act to bring crypto onshore, opposes CBDCs, and aims to make the US a global crypto hub.
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financeTreasury Chief Backs New Fed Chair on Rate Cuts as 'Disinflation' Looms
Treasury Secretary Scott Bessent expresses confidence in Kevin Warsh's potential rate cuts, signaling a new era for the Federal Reserve under Warsh's leadership.
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financeUS Treasury Secretary Bessent Signals Yen Relief for Japan
Scott Bessent's visit to Tokyo eases currency tensions, opening door for BOJ rate hikes.
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financeJapan Denies Limits on Yen Intervention, in Daily Talks with US
Japan's top currency diplomat says there are no constraints on intervention frequency to support the yen, confirming daily communication with US authorities ahead of Treasury Secretary Bessent's visit.
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financeSpirit Airlines to Cease Operations by May 31 After Failed Merger, Financial Crisis
Spirit Airlines will shut down by May 31, 2026, following a blocked JetBlue merger and mounting financial losses.
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financeUS Holds Firm on Iran, Russia Oil; Supply Shock Risk Remains Low
Treasury Secretary Bessent signals no renewal of Iran/Russia oil waivers, with traders pricing in minimal supply shock risk despite ongoing sanctions.
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financeUS, South Korea Align on Won Volatility Concerns
Finance ministers from the US and South Korea express mutual concern over excessive Korean won volatility and commit to ongoing market consultations.