Trump's administration estimates Russia's potential gains from sanctions relief
US Treasury Secretary Scott Bessent stated that easing sanctions on Russian oil could yield approximately $2 billion in revenue for Russia, which he considers negligible.
Scott Bessent calls out 'terrible framing' during clash with NBC News host on Iranian oil
Treasury Secretary Scott Bessent defended U.S. policy on Iranian oil during a heated debate with NBC's Kristen Welker regarding the implications of lifting sanctions amidst rising gas prices.
US Treasury chief defends Russian oil sanctions relief, says price cap limits Kremlin gains
U.S. Treasury Secretary Scott Bessent supports the easing of sanctions on Russian oil, arguing it helps stabilize global markets and limits financial gains for Russia.
Trump may ‘have to escalate to de-escalate’ war in Iran, Bessent says
U.S. Treasury Secretary Scott Bessent suggests that escalating military action against Iran may be necessary for the U.S. to eventually wind down the ongoing conflict, amidst President Trump's fluctuating rhetoric on the issue.
"Sometimes you need to increase the tension in order to decrease the tension"
US Treasury Secretary Scott Bessent commented that sometimes increasing tension is necessary to reduce it, in response to a question about Trump's Middle East military strategies.
Bessent: Sometimes you escalate to de-escalate – All options are on the table for Iran
U.S. Treasury Secretary Scott Bessent stated that Washington intends to keep all options open in the conflict with Iran, emphasizing that escalation may be necessary for de-escalation.
The US lifts sanctions on the purchase of Iranian oil that is in transit at sea
The US has temporarily eased sanctions on Iranian oil currently being transported by tankers, allowing for the sale, delivery, or unloading of this oil until mid-April.
US may remove sanctions on Iranian oil stranded in tankers, Bessent says
The US may lift sanctions on Iranian oil currently stranded in tankers to alleviate rising oil prices amid tensions in the Strait of Hormuz.
Treasury Secretary sees new regime in Cuba... but 'at a slow pace': 'With Maduro out there will be change'
U.S. Treasury Secretary Scott Bessent predicts a slow process for regime change in Cuba, suggesting progress could occur following Maduro's departure from Venezuela.
Trump administration considers lifting sanctions on Iranian oil, says Treasury Secretary
US Treasury Secretary Scott Bessent indicated that the US is contemplating lifting sanctions on Iranian oil to help increase global supply and reduce prices.
Gulf War: The United States Could Lift Sanctions on Already Loaded Iranian Oil
U.S. Treasury Secretary Scott Bessent indicated that the U.S. might lift sanctions on Iranian oil that is already loaded and at sea due to soaring energy prices linked to ongoing conflicts in the Middle East.
The US considers lifting sanctions on Iranian oil that is already loaded and at sea, amidst soaring prices
US Treasury Secretary Scott Bessent announced potential plans to lift sanctions on Iranian oil at sea due to rising energy prices driven by Middle Eastern conflicts.
Bessent pushes back on CNBC reporter over Trump’s Russian oil strategy
Treasury Secretary Scott Bessent refutes a CNBC reporter's claim about the minimal impact of Russian oil on global supply amidst rising tensions in the Persian Gulf.
Discussions with Beijing in Paris were "constructive" and "show the stability of the relationship," says Bessent
U.S. Treasury Secretary Scott Bessent described recent economic discussions in Paris with Chinese representatives as constructive and indicative of stable relations between the two nations.
Expert: Little impact when the US eases Russian oil sanctions
US Treasury Secretary Scott Bessent announced a temporary easing of oil sanctions on Russia, allowing other countries to purchase Russian oil still aboard ships, though experts say it will provide little financial benefit to Russia.
"Immediately!": Trump's command to Bessent during live broadcast – The trembling voice of the minister when he returned – Video
U.S. Treasury Secretary Scott Bessent was unexpectedly pulled from a live Sky News interview after being summoned by President Trump, leaving him visibly shaken upon his return.
US Eases Constraints: Allowed Trade of Russian Oil
The U.S. Treasury Department has issued a temporary license allowing the trade of Russian oil to mitigate supply issues amid rising prices.
France to Host Discussions on Trade between Chinese Vice Premier and the United States
France is set to host trade discussions between Chinese Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent this weekend.
USA temporarily opens for sale of some Russian oil
The U.S. will temporarily allow countries to purchase Russian oil that is already loaded onto ships, as stated by the U.S. Treasury Department.
US and Chinese officials to meet in Paris
US Treasury Secretary Scott Bessent will meet with Chinese Vice Premier He Lifeng in France on March 15-16 to advance trade and economic dialogue between the two nations.
Iran War: The US has warned of the largest attack yet
US Treasury Secretary Scott Bessent warned that the largest attack on Iran could occur tonight, focusing on weakening Iran's missile capabilities.
Live Blog Iran War: Bessent: "Heaviest Bombardment" of Iran Tonight
US officials are reporting that the heaviest bombardment of Iran is expected tonight, targeting missile launch pads and production facilities, amidst escalating tensions and ongoing attacks.
US considering lifting sanctions on Russian oil to ease global shortage, Treasury chief says
The US Treasury Secretary indicated that the US is contemplating lifting sanctions on Russian oil to alleviate a global supply shortage.
US considers lifting sanctions on more Russian oil amid rising prices
US Treasury Secretary Scott Bessent suggested that Washington might lift sanctions on Russian oil to improve global supply and control rising prices following the start of the war against Iran.
US considers lifting sanctions on Russian oil – US treasury secretary
US Treasury Secretary Scott Bessent announced that the Biden administration is contemplating lifting sanctions on Russian oil to alleviate a global supply crisis.
US temporarily allows India to buy Russian oil from tankers at sea
The US has temporarily authorized India to purchase stranded Russian oil from tankers at sea for 30 days.
New Trump Attack: 15% Tariffs to Take Effect This Week, Confirms US Treasury
The US Treasury Secretary confirmed that President Trump's plan to increase tariffs from 10% to 15% is likely to take effect this week.
Global tariff of 15% to take effect this week, according to the U.S. Treasury Secretary.
U.S. Treasury Secretary Scott Bessent announced that a newly announced 15% global tariff will commence this week following a Supreme Court ruling against previous tariffs.
The US Secretary of the Treasury: "Spaniards are putting American lives at risk"
US Treasury Secretary Scott Bessent has criticized Spain for its refusal to allow the use of military bases for attacks on Iran, claiming it endangers American lives.
Bessent: 15 percent global tariff will take effect this week
US Treasury Secretary Scott Bessent stated that the 15 percent global tariff promised by President Trump is expected to be implemented this week.
New tariffs may be raised to 15% within the week, says US Treasury Secretary Bessent
US Treasury Secretary Bessent indicated that the recently imposed 10% tariffs could be increased to 15% within the week based on recent legal rulings.
US tariffs expected to increase to 15% this week, says Treasury Secretary
US Treasury Secretary Scott Bessent announced that the temporary global import tariff imposed by President Trump is likely to rise from 10% to 15% this week.
US Treasury Secretary: New Tariff Likely This Week
US Treasury Secretary Scott Bessent announced that a new 15% global import tariff is expected to be implemented this week following the invalidation of a significant portion of former President Trump's tariff policy by the Supreme Court.
US Secretary of the Treasury: Global tariff of 15 percent to be introduced this week
US Treasury Secretary Bessent announces a new global tariff of 15 percent, expected to be temporary as previous tariffs may be reinstated within five months.
Bessent blames left's political 'venom' for violence after deadly Mar-a-Lago incident
Treasury Secretary Scott Bessent attributed recent violence near Mar-a-Lago to toxic political rhetoric from the left.
Scott Bessent says Olympic skier Eileen Gu 'sold out' with decision to compete for China
Treasury Secretary Scott Bessent criticized Olympic skier Eileen Gu for choosing to compete for China instead of the U.S., suggesting she 'sold out' her American values.
Scott Bessent says Supreme Court strengthened Trump with 'draconian' move despite ruling on tariffs
Scott Bessent comments that while the Supreme Court's ruling against Trump's tariffs takes away some leverage, it could paradoxically enhance Trump's powers in implementing tariffs again.
The U.S. Treasury supports the use of tariffs as a trade weapon
U.S. Treasury Secretary Scott Bessent defended the use of tariffs as a negotiation tool under President Trump, despite recent Supreme Court rulings limiting their application.
Treasury Secretary defends Trump and states: Revenue from tariffs will not decrease in 2026
The US Treasury Secretary asserts that tariff revenue will remain unchanged in 2026 despite a Supreme Court ruling against Trump's tariffs.
US Treasury Secretary: The Court Has Removed Trump's Influence
US Treasury Secretary Scott Bessent states that the Supreme Court has eliminated Trump's influence concerning illegal tariffs in an interview with Fox News.
Is Trump’s Treasury Department Breaking Up? Sanctions Chief to Resign After Friction with Bessent
John Hurley, a key figure in U.S. sanctions, is set to resign from his position amid internal tensions with Treasury Secretary Scott Bessent.
Scott Bessent says Iran understands 'brute force' as Trump weighs options amid nuclear standoff
Scott Bessent discusses the importance of forceful strategies in negotiations with Iran regarding its nuclear program as Trump considers options after talks with Israeli PM Netanyahu.
Treasury chief says US seeks ‘fair’ China competition, eyes Latin America realignment
US Treasury Secretary Scott Bessent emphasizes the need for fair competition with China while strengthening economic ties with Latin America.
'We do not demand a cut in interest rates, just an open mind,' says US secretary about new Fed president
Scott Bessent, U.S. Treasury Secretary, emphasized that the selection of Kevin Warsh as the new Fed president prioritizes open-mindedness over pressure for interest rate cuts.
Bessent warns of 'gigantic loss' if Supreme Court strips Trump's emergency tariff powers
Treasury Secretary Scott Bessent cautions that a Supreme Court ruling against Trump's emergency tariff powers could lead to significant economic repercussions for Americans.
Business Ticker: Trump's Finance Minister Makes Clear Statement to Future Central Bank Chief
US Treasury Secretary Scott Bessent advocates for continued loose monetary policy under the upcoming Federal Reserve Chairman Kevin Warsh.
Treasury secretary predicts blockbuster 2026 for US economy as Dow hits historic milestone
Treasury Secretary Scott Bessent forecasts a robust U.S. economy in 2026, attributing economic gains to President Trump's policies amidst mixed political reactions.
Top fiery moments as Democrats clash with Treasury Secretary Bessent in chaotic Hill hearings
Treasury Secretary Scott Bessent faced intense questioning and confrontations from Democratic lawmakers during chaotic hearings on Capitol Hill regarding the nation's economic health and concerns over inflation and trade policies under President Trump.
Scott Bessent: The U.S. will decide whether to impose new sanctions on Russia, considering the progress in negotiations
U.S. Treasury Secretary Scott Bessent stated that the U.S. will consider imposing new sanctions on Russia based on the progress of peace negotiations regarding Ukraine.
US Treasury chief ties new Russia sanctions to progress in Ukraine peace talks
US Treasury Secretary Scott Bessent stated that new sanctions against Russia will depend on the outcomes of ongoing peace negotiations regarding Ukraine.