Treasury sanctions operation targets Iran's auto, rail industries in latest economic attack
"Operation Economic Outcast" was touted by President Donald Trump as Iran's "economic D-Day" when Treasury Secretary Scott Bessent unveiled it in August.


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"Operation Economic Outcast" was touted by President Donald Trump as Iran's "economic D-Day" when Treasury Secretary Scott Bessent unveiled it in August.

This article is contributed content from an independent writer. It does not represent the views or opinions of FreightWaves or any of its subsidiaries. On Tues…

Treasury Secretary Scott Bessent said the U.S. and China have agreed to extend a trade truce. Here's a guide to what else is happening behind the scenes.
Treasury Secretary Scott Bessent's finances were reviewed by the inspector general after Mr. Bessent incorrectly listed at least $100,000 of the stock, which w…

Treasury Secretary Scott Bessent ripped the legacy media Monday morning, but said he didn't know enough about President Donald Trump's move to ban Politico, CN…

Treasury Secretary Scott Bessent is meeting with Chinese Vice Premier He Lifeng, ahead of the planned summit between President Trump and Chinese President Xi J…

The Bank of Japan's widely expected move followed an unusual campaign by Treasury Secretary Scott Bessent for tighter monetary policy.

Treasury Secretary Scott Bessent may face questions on rising energy prices, Federal Reserve policy, government debt and the Trump team's economic agenda.

Treasury Secretary Scott Bessent's planned Republican convention speech in Dallas is raising questions about how politics could affect market confidence in him.

The much-anticipated announcement triples the normal buyback operation and follows an announcement from Treasury Secretary Scott Bessent.

Treasury Secretary Scott Bessent has never been accused of being a wallflower, but speaking in front of Southern Methodist University's business school on Tues…
Many factors are sending yields higher, but rising energy costs are the inflationary trigger
The Treasury secretary wants the central bank to help by raising its $60 billion borrowing limit on an obscure lending program.
Treasury Secretary Scott Bessent says 5 million families have filed for Trump Accounts.

Treasury Secretary Scott Bessent touts Trump accounts, what he wants to see from the Fed

The Treasury secretary who previously urged Trump not to fire the Fed chair is now publicly building the case against him.
Trump has narrowed the race down to four potential candidates to replace Federal Reserve Chairman Jerome Powell, including Former Fed Governor Kevin Warsh, Nat…

Trump has been eager to replace Powell - whose term expires in May 2026 - after months of blasting the Fed chairman for not slashing rates quick enough.

Treasury Secretary Scott Bessent says Trump's $2,000 tariff checks might need a congressional OK
Scott Bessent said China agreed to buy 12 million metric tons of US soybeans this season and 25 million tons annually for each of the next three years.

Treasury Secretary Scott Bessent says Trump's 100% tariff threat on China is 'effectively off the table'
State news agency Xinhua confirmed that Li, 58, was dropped from his post as part of a wider ambassadorial reshuffle approved by President Xi Jinping.

Treasury Secretary Scott Bessent warns government shutdown will hurt growth and be a 'hit to working America'
Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal an…
President Trump has continued to ramp up pressure on the Fed chairman to slash interest rates.

Treasury Secretary Scott Bessent drew a provocative comparison between his current boss, Trump and his former mentor, the Hungarian-born Soros.

"It devotes disproportionate time and resources to work on climate change, gender, and social issues,†Bessent said.

Bessent's comments as JPMorgan Chase CEO Jamie Dimon warned that a recession is a "likely outcome" from Trump's tariffs.

Bessent's comments come after President Donald Trump warned that the "economic revolution" won't "be easy" in a social media post.

Treasury Secretary Scott Bessent is trying to reassure the public about the state of the economy amid recent market struggles following President Trump's tarif…

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