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Tag: Treasury Secretary

SAN FRANCISCO, CALIFORNIA - JANUARY 16: California Gov. Gavin Newsom looks on during a press conference at Friendship House Association of American Indians on January 16, 2026 in San Francisco, California. California Gov. Gavin Newsom joined San Francisco Mayor Daniel Lurie to announce new funding for homelessness and mental health efforts in the city of San Francisco. The governor announced more than $420 million in new state funding for San Francisco, Los Angeles, and San Diego as part of the state's HHAP 6 funding, which goes toward helping local programs end homelessness through interim or permanent housing and supportive services. (Photo by Justin Sullivan/Getty Images)

Bessent: Newsom is ‘Patrick Bateman meets Sparkle Beach Ken’

Treasury Secretary Scott Bessent has slammed Governor Gavin Newsom at the World Economic Forum in Davos, referring to him as a “smug man,” who strikes his as “Patrick Bateman meets Sparkle Beach Ken.”

Read More Bessent: Newsom is ‘Patrick Bateman meets Sparkle Beach Ken’
U.S. President Donald Trump talks at a press conference with UK Prime Minister Keir Starmer (not pictured) at Chequers at the conclusion of a state visit on September 18, 2025 in Aylesbury, England. This is the final day of President Trump’s second UK state visit, with the previous one taking place in 2019 during his first presidential term. (Photo by Leon Neal/Getty Images) / Chinese President Xi Jinping speaks at the beginning of a bilateral meeting with President of Congo Republic Denis Sassou Nguesso (not pictured) in The Great Hall of People on September 04, 2025 in Beijing, China. At the invitation of Chinese President Xi Jinping, 26 foreign heads of state and government will attend a military parade commemorating the 80th anniversary of the end of World War II and Japan's surrender. (Photo by Lintao Zhang/Getty Images)

Trump to meet in-person with President Xi Jinping, discuss TikTok deal

President Donald Trump announced that he and Chinese President Xi Jinping will have their first face-to-face meeting since his re-election, and have “made progress” on a TikTok deal.

Read More Trump to meet in-person with President Xi Jinping, discuss TikTok deal
TOPSHOT - In this pool photograph distributed by Russia's state agency Sputnik, Russian President Vladimir Putin gives an interview to TV host and Director General of Rossiya Segodnya (RIA Novosti) news agency Dmitry Kiselyov (not pictured) at the Kremlin in Moscow on March 12, 2024. (Photo by Gavriil GRIGOROV / POOL / AFP) (Photo by GAVRIIL GRIGOROV/POOL/AFP via Getty Images)

Trump admin. signals support for additional sanctions against Russia as peace talks stall

The Trump administration has signaled that it plans to impose additional pressure on Moscow to reach the negotiating table through economic means, as peace talks between Russia and Ukraine have yet to advance.

Read More Trump admin. signals support for additional sanctions against Russia as peace talks stall
(Background) U.S. Treasury Secretary Scott Bessent speaks to reporters outside the West Wing of the White House on April 09, 2025 in Washington, DC. President Trump announced today a 90-day pause on the full effect of his new tariffs for dozens of countries except China, which he raised to 125% “effective immediately”. (Photo by Anna Moneymaker/Getty Images) / (R) WASHINGTON, DC - JULY 22: Federal Reserve Chairman Jerome Powell delivers opening remarks at the Integrated Review of the Capital Framework for Large Banks Conference at the Federal Reserve on July 22, 2025 in Washington, DC. Rep. Anna Paulina Luna (R-FL) is referring Powell to the Department of Justice (DOJ) for criminal charges, accusing him of two specific instances of perjury. The accusations come as Trump allies continue to call for Powell’s removal before his term expires in 2026. (Photo by Andrew Harnik/Getty Images)

Bessent reiterates Trump doesn’t plan to fire Fed. Chair Powell: ‘He’s said that on numerous occasions’

Treasury Secretary Scott Bessent recently maintained that President Donald Trump has no intention of firing Federal Reserve Chair Jerome Powell—in light of previous statements made by Trump where he suggested that he wishes the fed chair would resign.

Read More Bessent reiterates Trump doesn’t plan to fire Fed. Chair Powell: ‘He’s said that on numerous occasions’
WASHINGTON, DC - JUNE 02: U.S. U.S Sen. Josh Hawley (R-MO) speaks to the press after voting on the nomination of Michael Duffey to be Under Secretary of Defense for Acquisition and Sustainment on June 02, 2025 in Washington, DC. Senators returned to Capitol Hill on Monday after the Memorial Day Holiday recess. (Photo by Kayla Bartkowski/Getty Images)

GOP Sen. Hawley spearheads federal minimum wage increase proposal: ‘Times have changed’

GOP Missouri Senator Josh Hawley is leading the charge in introducing legislation to raise the federal minimum wage to $15 per hour in a bi-partisan push.

Read More GOP Sen. Hawley spearheads federal minimum wage increase proposal: ‘Times have changed’
Flags of the US and China are placed ahead of a meeting between US Secretary of Agriculture Sonny Perdue and China's Agriculture Minister Han Changfu at the Ministry of Agriculture in Beijing on June 30, 2017. China opened its gates to US beef imports last week, giving US cattle farmers much sought-after access to the country's massive market following a 14-year ban. / AFP PHOTO / POOL / JASON LEE (Photo credit should read JASON LEE/AFP via Getty Images)

U.S. officials hold ‘critical’ trade negotiations with China in London

Top U.S. and Chinese officials met in London, England, on Monday — with the intention of closing a highly coveted trade deal.

Read More U.S. officials hold ‘critical’ trade negotiations with China in London

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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