Bessent: US investments in Argentina could depend on the outcomes of the elections
Treasury Secretary Scott Bescent has put forward a plan to attract investments in Argentina from several major companies in the United States. In a social media post on Wednesday, Bescent shared some of the measures the U.S. is undertaking to bolster Argentina’s economy and financial sector. These include an undisclosed amount of liability, a commitment […]
Trump selects Scott Bessent to overhaul the IRS and eliminate Biden-era policies
Trump’s Initiative Against the IRS In visiting Washington, there seems to be a shared purpose: advocating for a Florida family’s freedom and striving for the economic opportunities that many Americans seek. President Trump, too, has arrived here for similar reasons. Yet the ongoing challenge is the IRS, which some view as a cumbersome institution that […]
Bessent Mortgages Received Bank Approval, Cook Faces Fraud Allegations
Documents reviewed reveal that the Treasury Department issued a mortgage in 2007 for properties in upstate New York and Massachusetts under a unique private banking arrangement, categorizing these properties as secondary homes and not valuing loans based on owner occupancy. This situation draws parallels to the mortgage discussions involving Federal Reserve Governor Lisa Cook, as […]
Scott Bessent references the Hamilton-Burr duel when discussing the possibility of hitting Bill Pulte.
Scott Bescent humorously referenced a historical duel between Alexander Hamilton and Aaron Burr when discussing a recent conflict with Bill Pulte. During a CNBC interview on Tuesday, he slyly nodded to his predecessor Hamilton when asked if he had clashed with Pulte, the director of the Federal Housing Finance Agency. “Treasury secretaries have a long […]
Bessent Discusses How the U.S. Secured China’s Agreement on the TikTok Deal
US Makes Progress on Tiktok Negotiations The US has achieved a noteworthy breakthrough regarding Tiktok by focusing negotiations and persuading Beijing. Treasury Secretary Scott Bescent shared insights during an exclusive interview with Breitbart News after two days of discussions in Spain. This proposed framework agreement is set to be finalized during a call between President […]
IMF reorganizes climate and gender divisions following criticism from Bessent about expanding its role
The International Monetary Fund (IMF), a lender established after World War II to assist countries struggling with debt, is reportedly planning to reorganize its approach to climate change and gender issues. This change is said to be influenced by U.S. Treasury Secretary Scott Bessent, as per inside sources. According to Bloomberg, the IMF’s units focused […]
White House staffers share their opinions on a cage match between Scott Bessent and Bill Pulte
In a potentially heated confrontation between Scott Bescent and Bil Pulte, it seems like the White House staff has picked sides. Recently, the usually composed Treasury Secretary Bescent reportedly threatened Pulte, indicating a level of frustration that’s caught insiders’ attention. One associate even commented, rather bluntly, that he’d “hit that little midget ass.” Pulte, 37, […]
Bessent warns FHFA director, “I’m going to hit you in the face,” according to a report.
Treasury Secretary Scott Bescent reportedly threatened to punch Bill Plute, the federal Housing and Finance Director, during a tense encounter at a private dinner with staff and close advisors to President Trump. This information comes from a recent report by Politico. The incident unfolded with several top economic staff members present at this exclusive dinner, […]
Treasury Secretary Bessent states the Fed needs to change direction and calls for a complete review.
Scrutiny of the Federal Reserve Called for by Treasury Secretary Treasury Secretary Scott Bescent has called for a renewed examination of the Federal Reserve’s authority, particularly its power to set interest rates. This move aims to support the Trump administration’s efforts in overseeing central banks, which many believe should remain insulated from temporary political pressures […]
Bessent: Trump administration is prepared if the Supreme Court decides against tariffs
Treasury Secretary Discusses Backup Plans for Tariffs Amid Legal Uncertainty On Monday, Treasury Secretary Scott Bessent stated that the Trump administration has multiple strategies in place to impose tariffs on foreign trading partners if the Supreme Court decides to eliminate fees set by the International Emergency Economic Powers Act (IEEPA). “I would support the Supreme […]