#Scott Bessent
articles
Politics
Turkey Says It Has Received No US Directive to Cut Economic Ties with Iran
Ankara has had no official guidance after Washington launched its “Economic Outcast” campaign against Iran, while UAE, P...
Economy
US 30-Year Treasury Yield Hits 25-Year High as Deficit Financing Costs Mount
A 30-year auction priced at 5.216% and a 10-year sale at 4.683% show investors demanding more for US debt as July's defi...
Economy
Luxury CEO and Treasury Say the K-Shaped Economy Is Over, but the Data Tells a Different Story
Hilton’s CEO and Treasury Secretary Bessent claim the gap between rich and poor is narrowing into a ‘C-shaped’ recovery,...
Energy
China Slashed Iranian Oil Imports by 40% as US Sanctions Bite, Bessent Says
U.S. Treasury Secretary Scott Bessent said Chinese refineries cut Iranian crude purchases sharply after Washington impos...