Tag: Scott Bessent
9 entries in the ledger
Russian Finance Minister Anton Siluanov, sanctioned by the United States in April 2022, attended the G20 finance ministers' meeting in Asheville, North Carolina, on Aug. 31 at the Trump administration's invitation — his...
The Treasury Department proposed a rule on Aug. 28, 2026 that would sever the United Arab Emirates branches of Banque Misr, Egypt's second-largest bank, from the U.S. financial system, accusing them of serving as an...
Treasury Secretary Scott Bessent said the United States would unveil on Monday, Aug. 24, what he called 'the single greatest financial offensive ever' against Iran. In a post on X on Sunday evening he wrote that 'at dawn...
According to a Bloomberg report published July 20, 2026, the Trump administration is considering creating an independent regulator to vet the safety of advanced AI models, developed with industry input. The proposal...
On July 4, 2026, timed to the country's 250th anniversary, the Treasury Department announced the official nationwide launch of "Trump Accounts," a federal savings-and-investment program created under the 2025 tax law...
The Treasury Department announced on March 26, 2026 that President Trump's signature will appear on future U.S. paper currency alongside the Treasury Secretary's, which the department described as the first time in...
On January 26, 2026, the Treasury Department canceled its contracts with Booz Allen Hamilton, citing the firm's "failed" data safeguards. Reported values put the terminated work at roughly $21 million. The stated basis...
On September 3, 2025, Treasury Secretary Scott Bessent reportedly threatened to punch Federal Housing Finance Agency Director Bill Pulte during a private dinner in Washington attended by dozens of administration...
On April 23, 2025, reporting revealed that Elon Musk and Treasury Secretary Scott Bessent had engaged in a heated shouting match inside the White House, audible to President Trump, other officials, and a visiting Italian...