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Student loans inquiry responses show ‘massive scale of frustration and upset’
More than 52,000 people respond to Commons committee’s call for evidence amid criticism of loan termsThousands of graduates have told an official inquiry their horror stories and bad experiences relating to student loans, underlining what the chair of an MPs’ committee called massive levels of “frustration and upset”.Amid an ongoing row over the ballooning cost of degree course debts, more than 52,000 people responded to a call for evidence by the Commons Treasury select committee as part of...
Bessent says he told Pulte ‘I’m going to kick your a**’ in infamous blow-up
Independent TV Showing now | News 00:42 Bessent says he told Pulte ‘I’m going to kick your a**’ in infamous blow-up Scott Bessent said that he told Bille Pulte that “I’m going to kick you a**” during a heated argument last year. Whilst testifying at the Senate Finance Committee on the president’s fiscal 2027 budget, Treasury Secretary Bessent was asked if he actually threatened to punch the Federal Housing Finance Agency (FHFA)
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...
Student loans crisis ‘comparable to PPI scandal’, education tsar suggests
Student loans crisis ‘comparable to PPI scandal’, education tsar suggests This year has seen rising criticism of the student loans system after the chancellor announced at the autumn 2025 budget the repayment threshold would be frozen for three years - Bookmark - CommentsGo to comments The situation facing graduates with student loans is comparable to the Payment Protection Insurance (PPI) scandal, the previous chair of a government review into Post-18 education has suggested. Giving...
US’ Bessent says China eyeing more Boeing purchases ahead of Xi visit
US Treasury Secretary Scott Bessent claimed on Wednesday that China is “very interested” in additional Boeing plane purchases, an issue the Trump administration plans to press when President Xi Jinping visits the United States in September. “They agreed to 200 aeroplanes during the visit. We will see if they commit to a larger number when Xi Jinping arrives in Washington,” Bessent said in his budget request testimony to the Senate Finance Committee.
RPC opinion: impact of Financial Services and Markets Bill
RPC opinion: impact of Financial Services and Markets Bill Regulatory Policy Committee's opinion of the quality of the evidence and analysis in the impact assessment. The aim of the Financial Services and Markets Bill is to modernise how the financial services sector is regulated. The Regulatory Policy Committee (RPC) gave a ‘green’ rating to the impact assessment from HM Treasury on 27 May 2026.
Bessent readies Trump $250 bill as one big hurdle stands between Treasury and making it reality
The Treasury Department is preparing a $250 note bearing President Donald Trump’s portrait for the nation’s 250th anniversary, but the bill can only move forward only if Congress changes federal law barring living people from U.S. currency. "It’s all up on Capitol Hill. At Treasury, we prepare things in advance.