Secretary Scott Bessent
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The Latest: Scott Bessent testifies before the House on Treasury Department priorities
The Latest: Scott Bessent testifies before the House on Treasury Department priorities Treasury Secretary Scott Bessent is back on Capitol Hill to testify before the House Ways and Means Committee on the department’s priorities, one day after he refused to say whether President Donald Trump and his family would still get immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund that would have benefited the president’s allies - Bookmark Treasury...
Bessent spars with Dem in fiery Trump tax showdown until claim crosses the line: ‘Slanderous’
Treasury Secretary Scott Bessent and Rep. Linda Sánchez, D-Calif., traded barbs during a Thursday congressional hearing after she pressed him over a DOJ settlement requiring the IRS to end any existing tax audits of President Donald Trump, with Sánchez ultimately accusing him of overseeing the "most corrupt Treasury Department" in U.S. history. "I hope that you're proud of your performance today, Mr. Secretary," Sánchez told Bessent as he testified before the House Ways and Means Committee...
Bessent spars with Dem in fiery Trump tax showdown until claim crosses the line: ‘Slanderous’
Treasury Secretary Scott Bessent and Rep. Linda Sánchez, D-Calif., traded barbs during a Thursday congressional hearing after she pressed him over a DOJ settlement requiring the IRS to end any existing tax audits of President Donald Trump, with Sánchez ultimately accusing him of overseeing the "most corrupt Treasury Department" in U.S. history. "I hope that you're proud of your performance today, Mr. Secretary," Sánchez told Bessent as he testified before the House Ways and Means Committee...
Bessent flips script on shouting Democrat: 'No wonder people are leaving' his blue state
Treasury Secretary Scott Bessent was shouted at during a House Ways and Means Committee hearing this week by a Chicago-area Democrat amid a heated exchange over the Trump economy. Rep. Brad Schneider, D-Ill., followed several other Democrats in condemning rising prices during the Iran conflict, while Bessent repeatedly pushed back on assertions about his policies by pointing to higher commodity prices during the Biden administration. At one point in the exchange, Bessent slammed Schneider's...
Bessent flips script on shouting Democrat: 'No wonder people are leaving' his blue state
Treasury Secretary Scott Bessent was shouted at during a House Ways and Means Committee hearing this week by a Chicago-area Democrat amid a heated exchange over the Trump economy. Rep. Brad Schneider, D-Ill., followed several other Democrats in condemning rising prices during the Iran conflict, while Bessent repeatedly pushed back on assertions about his policies by pointing to higher commodity prices during the Biden administration. At one point in the exchange, Bessent slammed Schneider's...
Bessent sets record straight on Trump team dinner clash that nearly turned into a throwdown: ‘Kick his a--’
Treasury Secretary Scott Bessent downplayed his past clash with Bill Pulte, President Donald Trump’s newly tapped acting intelligence chief, after senators pressed him Wednesday over reports that he once threatened to punch him at a dinner party. "Did you actually tell Pulte you were going to punch them in the face," asked North Carolina Republican Sen. Thom Tillis on Wednesday, referencing reports from 2025 that Bessent threatened Pulte during a dinner. "No sir, I actually said I was going...
Bessent sets record straight on Trump team dinner clash that nearly turned into a throwdown: ‘Kick his a--’
Treasury Secretary Scott Bessent downplayed his past clash with Bill Pulte, President Donald Trump’s newly tapped acting intelligence chief, after senators pressed him Wednesday over reports that he once threatened to punch him at a dinner party. "Did you actually tell Pulte you were going to punch them in the face," asked North Carolina Republican Sen. Thom Tillis on Wednesday, referencing reports from 2025 that Bessent threatened Pulte during a dinner. "No sir, I actually said I was going...
Bessent Calls Clash With Bill Pulte a ‘Locker Room’ Fight
Treasury Secretary Scott Bessent said he had an argument with the housing finance director last year but now supports his appointment as acting director of national intelligence.
US eyes Iranian assets for Gulf allies' reconstruction, source says
US eyes Iranian assets for Gulf allies' reconstruction, source says US Treasury Secretary Scott Bessent has directed a team to assess costs for damages already inflicted on Gulf allies by Iran, the source said. The US government will attempt to redirect Iranian assets to Gulf states for rebuilding and repairs of damage caused by Iran, a source familiar with the matter said, as Tehran followed up a wave of strikes against Kuwait and Bahrain with further drone launches. US Treasury Secretary...
Trump weighs buying another territory after Greenland fiasco: report
Trump weighs buying another territory after Greenland fiasco: report Treasury Secretary Scott Bessent reportedly presented Trump with option to buy islands housing Diego Garcia base - Bookmark - CommentsGo to comments The White House is reportedly considering a plan that would see the U.S. make a deal to purchase the Chagos Islands after President Donald Trump’s ambitions of seeing the U.S. take control of Greenland ended in failure. The president has repeatedly threatened to seize or annex...