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Iran, Bessent

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Overview
 · 2d
Bessent says deal on Strait of Hormuz possible ‘today or tomorrow’
Treasury Secretary Scott Bessent on Tuesday said a deal regarding the Strait of Hormuz could be made either "today" or "tomorrow" as the world waits for the strategic waterway to return to pre-war con...

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 · 2d
Bessent Says U.S. And Iran Could Reach Deal To Open Strait Of Hormuz ‘Today Or Tomorrow’
 · 2d · on MSN
US stocks jump as Bessent says Iran deal may be days away
 · 11h
Iran, Oman deal on Strait of Hormuz getting close, Tehran says
President Trump told reporters "a lot of progress had been made" on the subject of reopening the Strait of Hormuz and suggested an announcement could be made soon.

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 · 2d
Trump Fuels Hopes of Hormuz Reopening With Hints a Deal is Near
 · 1d
Trump says deal to reopen the Strait of Hormuz could come as early as Wednesday
12hon MSN

Bessent announces crackdown on undocumented immigrants' use of U.S. banks

Treasury Secretary Scott Bessent told Arizona bankers the administration won't allow "risks posed by the extension of financial services to illegal aliens."
11hon MSN

Scott Bessent’s yen trade has unintended consequences for the markets

The way it’s being done should make us worry that the Federal Reserve is being roped into easing monetary conditions.
1d

Bessent Declares Widening Gap Between Rich and Poor ‘Dead’

Despite data to the contrary, the Treasury Secretary made the case that the K-shaped economy no longer exists.
24/7 Wall St.
19h

Bessent and Warsh Called ‘Double Whammy to Global Markets’ as 30-Year Treasury Yields Soar

The 30-year Treasury yield just crossed a threshold not seen since 2007, the dollar is weakening when it should be strengthening, and two new power players in Washington are sending markets signals that contradict each other.
15h

Treasury Secretary Scott Bessent courts banks in midterm Arizona stop

Treasury Secretary Scott Bessent promoted the Trump administration's efforts to loosen bank supervision while visiting a key Arizona swing district.
3d

A Currency Trader at Heart, Bessent Bets on Japan’s Yen

Treasury Secretary Scott Bessent made $1 billion betting against the yen as the top investor for George Soros more than a decade ago. Now, he is using the might of the U.S. economy to prop up the Japanese currency.
2don MSN

Bessent says U.S. backed Japan’s yen intervention to help stabilize Asia

Treasury Secretary Scott Bessent said the U.S. bought yen alongside Japan to curb currency volatility and reduce risks to Asian markets.
2d

Bessent Brings Hedge Fund Playbook to Yen Rescue

Scott Bessent is bringing a hedge fund playbook to the Treasury, and Japan is the latest test case. The former Soros trader is taking an unusually hands-on role in the US effort to prop up the yen, from deliberately flashing a notepad hinting at a $10 billion yen purchase to tapping tools rarely associated with Treasury currency policy.
24/7 Wall St.
1d

The Treasury Has Now Refunded $100 Billion Of Tariff Revenue, and Scott Bessent Predicts None of It Is Going to You

The Supreme Court forced Washington to return over a hundred billion dollars in tariff money, but Treasury Secretary Scott Bessent made a bold prediction about where that cash would actually land. Six months later,
3don MSN

Why Bessent Is Leaning on the Fed to Help Prop Up Japan’s Currency

The Treasury secretary wants the central bank to help by raising its $60 billion borrowing limit on an obscure lending program.
1d

Scott Bessent Declares America's Economic Gap 'Over' as Broader Data Paint a More Mixed Picture

Economists say wages tell only part of the story, with wealth, spending and financial resilience still favouring higher-income households.
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