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Scott Bessent

Social Security faces a 24% cut in 2032—that’s a $345 billion hit to retirees nationwide, watchdog says
EconomySocial Security faces a 24% cut in 2032—that’s a $345 billion hit to retirees nationwide, watchdog says
By Nick LichtenbergJune 5, 2026
US Secretary of Treasury Scott Bessent testifies during a Senate Finance Committee hearing concerning the fiscal year 2027 budget for the Treasury Department, on Capitol Hill in Washington, DC, on June 3, 2026. (Photo by Brendan SMIALOWSKI / AFP via Getty Images)
Economy10,000 Boomers a day, $39 trillion in debt, and no benefit cuts: Bessent stakes Social Security on the Trump economy
By Nick LichtenbergJune 4, 2026
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EconomyScott Bessent says America’s in a ‘manufacturing renaissance,’ so where are the jobs?
By Nick LichtenbergJune 4, 2026
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LawScott Bessent on whether Trump is immune from IRS audits: ‘I’m unable to comment on ongoing litigation’
By Fatima Hussein and The Associated PressJune 4, 2026
US Secretary of Defense Pete Hegseth (bottom L) speaks with US Treasury Secretary Scott Bessent (bottom centre R), as Tesla and SpaceX CEO Elon Musk (top R) uses his phone and Apple CEO Tim Cook (C) looks on at a welcome ceremony for US President Donald Trump at the Great Hall of the People in Beijing on May 14, 2026.
EconomyScott Bessent made a fortune spotting currency manipulation. He says Beijing’s $2.5 trillion black hole is ‘a problem for the Europeans’
By Eva RoytburgMay 14, 2026
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Economy‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt
By Jacqueline MunisMay 10, 2026
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Personal FinanceScott Bessent on financial literacy: ‘it drives me crazy’ to see young men in blue-collar construction jobs playing the lottery
By Fatima Hussein and The Associated PressMay 1, 2026
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LawTrump lawyers confirm talks with Scott Bessent’s IRS to resolve $10 billion lawsuit over leaked tax returns
By Fatima Hussein and The Associated PressApril 18, 2026
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EnergyBessent says U.S. to ‘retake’ Hormuz Strait control, eyes escorts
By Daniel Flatley and BloombergMarch 30, 2026
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PoliticsScott Bessent’s Treasury Department will start overseeing the $180 billion of student loans that are in default
By Collin Binkley and The Associated PressMarch 20, 2026
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InvestingScott Bessent just defined market panic—and accidentally diagnosed the biggest problem with AI
By Nick LichtenbergMarch 16, 2026
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PoliticsBessent talks oil, accuses media of ‘trying to make it into some crisis that it’s not’
By The Associated PressMarch 16, 2026
The new U.S. Dime design for the country's 250th Anniversary features an eagle clutching arrows but not an olive branch.
North AmericaThe U.S. Mint dropped the olive branch from the dime. What does that mean for the country?
By Catherina GioinoMarch 12, 2026
U.S. President Donald Trump listens to Commerce Secretary Wilbur Ross speak during a luncheon with the President of Poland, Andrzej Duda at the White House on June 12, 2019 in Washington, DC.
EconomyAmerican consumers are the ultimate losers in the ‘immense mess’ that is the $175 billion tariff refund, says Trump’s former commerce secretary
By Eleanor PringleMarch 5, 2026
Ray Dalio, Scott Bessent and House members from both sides of the aisle are rallying around a ‘3% solution’ to tame the out of control national debt
EconomyRay Dalio, Scott Bessent and House members from both sides of the aisle are rallying around a ‘3% solution’ to tame the out of control national debt
By Shawn TullyMarch 1, 2026
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