Sen. Elizabeth Warren (L), and Treasury Secretary Scott Bessent during a Senate Banking Committee hearing on Feb. 5th, 2026. Getty Images | Reuters Treasury Secretary Scott Bessent on Thursday refused to rule out the possibility of a criminal investigation of Kevin Warsh, President Donald Trump’s nominee for Federal Reserve chair, if Warsh ends up refusing to … Read more
Treasury Secretary Scott Bessent sparred with Democratic members of the House Financial Services Committee on Wednesday, with one calling him a “flunky” for failing to criticize investment from United Arab Emirates officials in the Trump family’s cryptocurrency venture. Rep. Gregory Meeks, D-N.Y., probed Bessent on alleged conflicts of interest and lack of transparency related to … Read more
President Donald Trump has “brought down the temperature” on Minnesota, the site of major civil unrest over aggressive federal immigration efforts, Treasury Secretary Scott Bessent said Wednesday. Trump is “urging” Congress to take action to avoid triggering a partial government shutdown amid disputes over federal funding for the Department of Homeland Security, Bessent told CNBC’s … Read more
Canada’s Prime Minister Mark Carney speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada, Jan. 27, 2026. Patrick Doyle | Reuters Canadian Prime Minister Mark Carney on Tuesday denied Treasury Secretary Scott Bessent’s claim that, in a private call with President Donald Trump, he had backtracked on some … Read more
Treasury Secretary Scott Bessent on Monday said he had canceled all Treasury Department contracts with the consulting firm Booz Allen Hamilton, whose employee leaked the tax records of President Donald Trump, and the billionaires Jeff Bezos and Elon Musk, to media outlets. Booz Allen Hamilton’s stock price dropped by more than 10% on the heels … Read more
President Donald Trump is set Wednesday to speak at the World Economic Forum, directly addressing an audience that has been put on edge by his intensifying aggression toward the allied territory of Greenland. Trump’s speech is scheduled to begin at 8:30 a.m. ET. The address will be bookended by meetings with other world leaders attending … Read more
“Denmark’s investment in U.S. Treasury bonds, like Denmark itself, is irrelevant,” U.S. Treasury Secretary Scott Bessent told reporters at Davos on Wednesday. The “sell America” trade was in full swing Tuesday after President Donald Trump and European leaders escalated tensions over Greenland. U.S. stocks and bond prices tumbled, sending yields spiking. It comes as Trump’s threats to impose 10% tariffs on eight European countries as … Read more
After months of speculation and political intrigue, President Donald Trump is close to nominating the next chair of the Federal Reserve, Treasury Secretary Scott Bessent said Tuesday. The president has whittled down the field to four candidates to succeed current Chair Jerome Powell and a decision is forthcoming, Bessent told CNBC during an interview at … Read more
U.S. President Donald Trump linked his aggressive stance on Greenland to last year’s decision not to award him the Nobel Peace Prize, telling Norway’s prime minister that he no longer felt “an obligation to think purely of Peace,” two European officials said Monday. Trump’s message to Jonas Gahr Støre appears to ratchet up a standoff … Read more
A cargo ship sits in New York Harbor on Nov. 19, 2025 in New York City. Spencer Plat | Getty Images The U.S. Supreme Court on Friday could rule on the legality of President Donald Trump’s tariffs, a decision poised to have far-reaching impacts on not only trade policy, but also the U.S. fiscal situation. … Read more