Scott Bessent
-
financeTreasury Takes Over Student Loan Collections
The U.S. Treasury Department assumes control of defaulted federal student loans, affecting millions of borrowers and raising concerns over borrower protections.
-
financeUS May Lift Sanctions on 140M-Barrel Iranian Oil Cache
Treasury Secretary Scott Bessent signals imminent move to unsanction Iranian crude stranded at sea to ease global supply crunch.
-
worldUS and China Economic Chiefs Meet in Paris Amid Trade Truce Review and Iran War Pressures
US Treasury Secretary Scott Bessent and Chinese Vice-Premier He Lifeng hold high-stakes talks in Paris to stabilize trade ahead of Trump-Xi Beijing summit, amid rare earth shortages, oil security concerns, and new US trade probes.
-
financeOil Prices Climb Amid Geopolitical Tensions, Sanctions Waiver
Weekly oil gains persist despite US sanctions waiver on Russian oil, as Middle East conflict drives market volatility and supply concerns.
-
financeUS Unlocks Russian Oil to Stabilize Prices Amid Global Tensions
US Treasury Secretary Scott Bessent announces a temporary waiver allowing global purchase of stranded Russian oil, aiming to ease price volatility and address supply chain disruptions.
-
worldUS Greenlights 30-Day Window for Russian Oil Sales
In a move to stabilize global energy markets, the US has issued a temporary license allowing countries to purchase Russian oil stranded at sea.
-
worldUS Treasury Signals New 15% Global Tariff Imminent This Week
US Treasury Secretary Scott Bessent indicates a 15% global tariff is likely this week, aiming to replace previously struck-down import taxes and boost American manufacturing.
-
financeU.S. Led Yen Rate Checks, Offered Joint Intervention
US authorities initiated January yen rate checks and signaled readiness for joint intervention, aiming to stabilize currency markets amid political uncertainty.