US Treasury Secretary Scott Bessent said Thursday that trade negotiations with China are currently stalled and may require direct involvement from President Donald Trump and Chinese President Xi Jinping to move forward. Speaking to Fox News, Bessent highlighted the complexity of the talks and said progress has slowed since the temporary 90-day truce reached earlier…
Amid ongoing trade talks, the US hinted at a possible deal, with India likely to agree. US Treasury Secretary Scott Bessent said on Monday that many of America’s major trading partners have made “very good” offers to avoid new US tariffs. He added that one of the first trade agreements could likely be signed with…
The United States on Wednesday launched a fresh attack on China’s economic approach, calling its export driven model “unsustainable,” which harms not only China but also the rest of the world. Speaking at the IIF Global Outlook Forum in Washington, US treasury secretary Scott Bessent stressed rising concerns around trade imbalances that US President Donald…
Last weekend, Treasury Secretary Scott Bessent went on television and said people who wanted to retire right now were not paying attention to the stock market. On the NBC program “Meet the Press,” referring to those who have “put away for years in their savings account,” he said the following: “I think they don’t look…
CBI Court: केंद्रीय अन्वेषण ब्यूरो (सीबीआई) की विशेष अदालत ने गुवाहाटी हाईकोर्ट के पूर्व रिकॉर्ड अरेंजर वाहिद अली को छह साल के कठोर कारावास की सजा सुनाई है. सीबीआई अदालत ने उन पर 1.8 लाख रुपये का जुर्माना भी लगाया है. बता दें कि ये सजा कोषागार से लाखों रुपये के गबन के मामले में…
File photo: US President Donald Trump (Picture credit: ANI) The US treasury department announced Sunday that it will no longer enforce the Corporate Transparency Act (CTA) and its associated Beneficial Ownership Information (BOI) reporting requirements.The decision effectively suspends penalties for US citizens and domestic companies, shifting enforcement efforts toward foreign businesses.The move was welcomed by…
Warren E. Buffett, the famed investor known for his enthusiasm for undervalued stocks and businesses, is feeling bullish these days about a traditionally staid investment: Treasury bills. The cash stockpile held by Berkshire Hathaway, his sprawling multinational conglomerate, rose past $334 billion at the end of last year, including $286 billion in short-term Treasuries. The…
The Treasury Department’s Office of Inspector General on Friday said it was launching an audit of the security controls for the federal government’s payment system, as Democratic lawmakers raised red flags about the access provided to Trump aide Elon Musk’s Department of Government Efficiency team. The audit will also review the past two years of…
The first senior Trump administration official was expected to visit Ukraine, a day after Russia released an American prisoner in a development that President Trump called a positive signal for cease-fire talks. Treasury Secretary Scott Bessent’s trip comes amid anxiety in Kyiv and among American allies about whether U.S. support for the Ukrainian war effort…
In the days after President Trump took office, as Elon Musk’s team began pressing for access to the Treasury Department’s payments system, officials repeatedly said that their goal was to undertake a general review of the system. They said they would observe, but not stop money from going out the door. But emails reviewed by…