Bessent says US needs more open-source AI models to compete with China
Treasury Secretary Scott Bessent cited Anthropic's Mythos model as a step toward AGI and urged Congress to develop open source AI against China.
Jamie Dimon, David Solomon, other top execs praise Trump admin's pro-business policies
Jamie Dimon, David Solomon and other U.S. executives praised the Trump administration's pro-growth agenda and business policies in a new video.
Treasury to buy back up to $6B in longer-term debt as bond yields hit highest level since 2023
The Treasury Department's $6 billion buyback of 10-year notes and 20-year bonds failed to calm markets as yields surged to levels unseen since 2023.
LARRY KUDLOW: More on the Bessent economic boom story
‘The president’s policies have laid the groundwork’ for the growth surge, says the Treasury secretary
Bessent vows to 'asphyxiate' Iran economically, warns regime's offshore assets will be frozen
Scott Bessent's economic "asphyxiation" campaign targets any bank or entity doing business with Iran, threatening to cut them from the dollar system.
Bessent urges G20 to 'get back to the basics' with deregulation and growth-first agenda
Treasury Secretary Scott Bessent called on global leaders to spur growth by cutting red tape, offering the Trump administration's deregulatory push as a blueprint.
Bessent says Treasury auctions will continue as usual despite expanded buyback program
Scott Bessent confirmed Treasury auctions will continue as scheduled while the new buyback structure for longer-dated securities takes effect Sept. 9.
US aims for ‘economic asphyxiation’ of Iranian regime with new wave of secondary sanctions
Under "Operation Economic Outcast," Scott Bessent announces aggressive sanctions targeting Iran's technology, gold and shipping sectors in a push to sever Tehran's global financial lifelines.
LARRY KUDLOW: Rising Bond Yields from Trumpian Growth, not Trumpian Inflation
The 30-year Treasury bond yield is rising because of plenty of new economic statistics that show a faster, more powerful growth rate.
Bessent highlights Trump economy, warns China has 'done a lot of kicking lately'
Scott Bessent warns China has been "kicking" the U.S. on rare earth minerals and AI IP theft, comparing the rivalry to an underwater water polo match.
Treasury removes more than 80 people, companies from sanctions list as part of review
The Treasury Department cut 84 entries from its sanctions lists as part of a broader review targeting outdated designations and easing compliance burdens.
Bessent says Treasury tracked down ayatollah's 'money man,' plans to expose linked properties
Scott Bessent says Treasury has found the ayatollah's "money man" and is tracking over $100 million in properties linked to Iran's supreme leader.
Treasury intercepts nearly $99M in federal payments to deceased individuals under Trump fraud order
A new Treasury fraud verification system screened 885 million transactions worth $2.77 trillion, catching over 4,900 improper payments to deceased recipients.
Treasury unveils $1 gold coin with Trump's image on front
Bessent announced the U.S. Mint will strike a new Trump $1 gold coin for America’s 250th anniversary, drawing both praise and backlash online.
Bessent warns gas stations 'we're watching' as Trump demands immediate price cuts
Scott Bessent warns gasoline retailers the Trump administration is watching pump prices and expects them to pass crude oil savings to consumers.
Bessent lays out 5 principles guiding Trump admin's approach to economic statecraft
Bessent says supply chain resilience, fair trade and dollar dominance are key to Trump administration's economic statecraft approach to global competition.
Scott Bessent says US seized roughly $1B in Iranian crypto as regime nears 'end of their tether'
Treasury Secretary Scott Bessent announced the U.S. has seized roughly $1 billion in Iranian cryptocurrency assets as Operation Economic Fury pushes Iran's economy toward collapse.
LARRY KUDLOW: Reaganesque and Trumpian optimism
Treasury Secretary Scott Bessent is slowly but surely turning off Iran’s monetary and economic spigots.
Bessent says US seized nearly $500M in Iranian crypto as Operation Economic Fury sends regime into ‘crisis’
Treasury Secretary Scott Bessent says the U.S. maximum economic pressure campaign on Iran has sent the regime into "crisis," with nearly $500 million in crypto assets seized.
Treasury freezes $344M in crypto as 'Operation Economic Fury' pushes Iran to industrial breaking point
The Treasury froze $344M in Iran-linked crypto, escalating pressure as officials warn Tehran could lose $170M daily with oil exports nearing disruption.













