Browsing: Scott Bessent
The government’s near-$40 trillion national debt is now costing the Treasury more than $3 billion a day in service payments,…
Scott Bessent has some good news for consumers this morning: The K-shaped economy is officially over! Consumers on the lower…
Scott Bessent was in his early 30s, working at Soros Fund Management, when the Asian financial crisis tore through currency…
The U.S. is stepping in to help boost Japan’s yen for the first time in nearly three decades after the…
The U.S. Mint is now producing a $1 coin featuring President Donald Trump’s face, tied to celebrations of America’s 250th…
The moment that triggered the Trump administration’s dramatic crackdown on Anthropic, and may completely reset the ground rules for U.S.…
For decades, the U.S. largely held off on approving currency swaps with foreign powers, save for rare circumstances. When it…
The national debt is set to reach $40 trillion in the near future if it continues to grow at its…
Lawyers for President Donald Trump are engaged in talks with the IRS to resolve a $10 billion lawsuit the president filed against…
These days Republicans and Democrats can’t seem to agree on, well, anything. But suddenly, a bi-partisan consensus is building in…