Tag: scott_bessent

• US-Ukraine Fund Approves Energy and Critical Minerals Investments

  2 Oct 2026 3:37 p.m. · Source: US Treasury

  The U.S.-Ukraine Reconstruction Investment Fund approved new deals in critical minerals, combined heat and power, and battery storage, deepening the economic partnership between Washington and Kyiv.

  BusinessPolitics and GovernmentUkraineUSAEconomyEnergyTradeFederal Government URIFScott BessentCritical MineralsEnergy SecurityDTEKBGV Group ManagementUS Treasury

• Treasury Sanctions Hamas Financiers Over $2 Million Sham Charity Scheme

  2 Oct 2026 11:46 a.m. · Source: US Treasury

  OFAC designates a Hamas Al-Qassam Brigades member and two France-based individuals accused of funneling more than $2 million to Hamas through fake charities and cryptocurrency.

  Politics and GovernmentConflictLaw EnforcementUSAFranceFederal GovernmentBankingMilitaryLegalMiddle East HamasOFACTreasury sanctionsScott BessentAl-Qassam BrigadesCryptocurrencyTerrorism financingUS Treasury

• Treasury Applauds 2026 Update to U.S. National Strategy for Financial Literacy

  2 Oct 2026 10:56 a.m. · Source: US Treasury

  FLEC releases its 2026 financial literacy strategy, setting four priority areas including youth financial capability, saving and investing, digital literacy, and scams and fraud education.

  Politics and GovernmentBusinessFederal GovernmentEconomyEducationFinancial Markets Financial Literacy and Education CommissionU.S. Department of the TreasuryScott BessentNational Strategy for Financial LiteracyTrump AccountsFinancial LiteracyFinancial EducationUS Treasury

• Bessent Meets Iraqi Foreign Minister Hussein, Presses al-Zaidi Reforms

  1 Oct 2026 7:16 p.m. · Source: US Treasury

  Treasury Secretary Scott Bessent met Iraqi Foreign Minister Fuad Hussein in Washington to discuss Prime Minister Ali al-Zaidi's reforms, Iranian terror, militias and Shiite pilgrimages.

  Politics and GovernmentWorldUSAIraqFederal GovernmentMiddle EastMilitaryGeneral Politics Scott BessentFuad HusseinAli al-ZaidiOperation Economic OutcastNajafIranUS Treasury

• Treasury's Operation Economic Outcast Hits Iran's Auto, Rail and Steel Networks

  1 Oct 2026 1:07 p.m. · Source: US Treasury

  Treasury sanctions Iran's largest automakers, rail operators and steel networks, plus foreign suppliers in Indonesia, UAE, Turkiye, Hong Kong and Germany, under Operation Economic Outcast.

  Politics and GovernmentBusinessWorldLaw EnforcementFederal GovernmentEconomyTradeMiddle EastMilitaryLegal Operation Economic OutcastIran sanctionsU.S. Department of the TreasuryOFACIslamic Revolutionary Guard CorpsIranian automotive industryScott BessentUS Treasury

• Treasury Sanctions A7 Network, a Russian-Tied Shadow Banking Web Used by Iran to Evade Sanctions

  1 Oct 2026 1:06 p.m. · Source: US Treasury

  FinCEN proposes rule barring fund transmittals tied to A7 Network Sub-Agents and issues an alert, while OFAC designates the network a significant transnational criminal organization.

  Politics and GovernmentBusinessLaw EnforcementUSAIranRussiaFederal GovernmentBankingFinancial MarketsLegalMilitaryMiddle East A7 NetworkU.S. Department of the TreasuryFinCENOFACIran sanctions evasionOperation Economic OutcastScott BessentUS Treasury

• Treasury Completes Automatic Enrollment for Trump Accounts, Opening Path for 60 Million More Children

  1 Oct 2026 11:36 a.m. · Source: US Treasury

  Treasury says automatic enrollment for Trump Accounts is complete, giving every eligible child under 18 with a Social Security number an account that parents must claim to unlock a $1,000 seed contribution.

  Politics and GovernmentBusinessUSAFederal GovernmentEconomyBankingSocial Issues Trump AccountsU.S. Department of the TreasuryScott Bessentautomatic enrollmenttax-advantaged investment accountsSocial Security numberphilanthropic contributionsUS Treasury

• Treasury and IRS Propose Rules for First Federal School Choice Tax Credit

  1 Oct 2026 10:21 a.m.

  Treasury and IRS issue proposed regulations for the Education Freedom Tax Credit, offering up to $3,400 per married couple for K-12 scholarship contributions starting January 1, 2027.

  Politics and GovernmentBusinessUSAFederal GovernmentWhite HouseEducationLegalEconomy Education Freedom Tax CreditInternal Revenue ServiceU.S. Department of the TreasuryScholarship Granting Organizationsschool choicesection 25FScott Bessent

• Treasury and IRS Propose Rules for First Federal School Choice Tax Credit

  1 Oct 2026 10:19 a.m.

  Treasury and IRS issue proposed regulations for the Education Freedom Tax Credit, offering up to $3,400 for married couples and launching America's first nationwide school choice program in 2027.

  Politics and GovernmentBusinessUSAFederal GovernmentWhite HouseEducationLegalEconomy Education Freedom Tax CreditFederal Scholarship Tax Creditsection 25FScholarship Granting Organizationsschool choiceInternal Revenue ServiceScott Bessent

• Treasury and IRS Issue Proposed Rules for First Nationwide School Choice Tax Credit

  1 Oct 2026 9:18 a.m. · Source: US Treasury

  Treasury and IRS propose regulations for the Education Freedom Tax Credit, offering up to $3,400 per couple for K-12 scholarship contributions starting January 1, 2027.

  Politics and GovernmentBusinessUSAFederal GovernmentEconomyEducationLegal Education Freedom Tax CreditU.S. Department of the TreasuryInternal Revenue Serviceschool choiceScholarship Granting OrganizationsScott BessentLinda McMahonUS Treasury

• Treasury Sanctions Tren de Aragua ATM Jackpotting Network After Millions Stolen From U.S. Banks

  30 Sep 2026 10:43 a.m. · Source: US Treasury

  OFAC designated 10 targets tied to a Tren de Aragua ATM jackpotting scheme that has stolen millions from U.S. financial institutions, including a fugitive on the FBI's Ten Most Wanted list.

  Politics and GovernmentLaw EnforcementBusinessUSAVenezuelaMexicoFederal GovernmentBankingLegalFinancial MarketsComputers and Internet Tren de AraguaOFACATM jackpottingU.S. Department of the TreasuryScott BessentAnibal Alexander Canelon AguirresanctionsUS Treasury

• Financial Stability Oversight Council Meets on Q3 Monitoring, Household Resilience and Regulatory Reform

  29 Sep 2026 4:31 p.m. · Source: US Treasury

  Treasury Secretary Scott Bessent convened the Financial Stability Oversight Council, which heard updates on third-quarter financial stability, household resilience and banking supervision reform, and approved a $9.3 million FY2027 budget.

  Politics and GovernmentBusinessUSAFederal GovernmentEconomyBankingFinancial MarketsLegal Financial Stability Oversight CouncilScott BessentU.S. Department of the Treasuryfinancial stabilitybanking supervisionhousehold resiliencefraudUS Treasury

• Treasury Sanctions Nearly 50 Sinaloa Cartel Targets, Including New Los Mayos Leader "Mayito Flaco"

  29 Sep 2026 1:36 p.m. · Source: US Treasury

  OFAC designated 21 individuals and 25 entities tied to the Sinaloa Cartel, targeting Los Mayos leader Ismael Zambada Sicairos, Tijuana plaza bosses and corrupt Baja California officials.

  Politics and GovernmentLaw EnforcementBusinessUSAMexicoFederal GovernmentLegalFinancial MarketsSocial IssuesLatin America Sinaloa CartelOFACMayito FlacoTreasury sanctionsBaja CaliforniaScott BessentLos MayosUS Treasury

• Treasury Sanctions 10 Targets Over Iran Weapons Procurement Under Operation Economic Outcast

  29 Sep 2026 1:10 p.m. · Source: US Treasury

  OFAC sanctions 10 individuals and entities across China, Hong Kong, Pakistan, Saudi Arabia and Türkiye for procuring weapons and components for Iran's MODAFL under Operation Economic Outcast.

  Politics and GovernmentBusinessConflictLaw EnforcementFederal GovernmentMilitaryTradeMiddle EastAsiaLegal Operation Economic OutcastOFACMODAFLIran sanctionsScott BessentExecutive Order 13382weapons procurementUS Treasury

• Bessent Urges Lebanon to Disrupt Hizballah Financial Networks

  28 Sep 2026 6:24 p.m. · Source: US Treasury

  Treasury Secretary Scott Bessent met Lebanese Prime Minister Nawaf Salam and Finance Minister Yassine Jaber, pressing for action against Iranian and Hizballah financial networks and banking reforms.

  Politics and GovernmentBusinessUSALebanonFederal GovernmentBankingMiddle EastEconomy Scott BessentNawaf SalamYassine JaberHizballahIranU.S. Department of the TreasuryUS Treasury

• Treasury Secretary Bessent Names Dr. David Zervos as Counselor in the Office of the Secretary

  28 Sep 2026 8:28 a.m. · Source: US Treasury

  Veteran market strategist David Zervos joins Treasury as a Counselor, bringing 35 years of experience across global markets, central banking and macroeconomic analysis to the Office of the Secretary.

  Politics and GovernmentBusinessUSAFederal GovernmentEconomyFinancial MarketsBankingEmployment and Labor David ZervosScott BessentU.S. Department of the TreasuryOffice of the SecretaryJefferies LLCFederal ReserveGovernment AppointmentUS Treasury

• Treasury Convenes Global Banks to Advance Operation Economic Outcast Against Iran

  16 Sep 2026 2:22 p.m. · Source: Financial Crimes Enforcement Network

  FinCEN Exchange brings global financial institutions together to cut off Iranian regime revenue and procurement networks, with Treasury Secretary Scott Bessent vowing to sever Tehran's remaining economic lifelines.

  Politics and GovernmentBusinessLaw EnforcementUSAIranFederal GovernmentBankingFinancial MarketsMiddle EastLegal Operation Economic OutcastFinCEN ExchangeScott BessentU.S. Department of the Treasurysanctionsterrorist financingFinancial Crimes Enforcement Network

• Media Monitor: Newsweek Warns of Fed Rate Hike, Bond Market Strain and Widening Iran War

  16 Sep 2026 9:06 a.m. · Source: Newsweek

  Newsweek's The 1600 newsletter says the Fed is set to raise rates for the first time in three years as bond yields, diesel prices and the Iran war pressure the White House.

  Politics and GovernmentBusinessEconomyFinancial MarketsWhite HouseEnergyReal EstateElection NewsweekFederal ReserveKevin Warshinterest ratesbond marketIran warScott Bessent

• Bessent Tells House Panel Trump's Growth Agenda Is Restoring American Strength at Home and Abroad

  15 Sep 2026 10:28 a.m. · Source: US Treasury

  Treasury Secretary Scott Bessent told the House Financial Services Committee that G20 consensus, 1 million new private-sector jobs and an economic isolation campaign against Iran show American leadership at work.

  Politics and GovernmentBusinessEconomyFederal GovernmentCongressTradeBankingMiddle East Scott BessentU.S. Department of the TreasuryHouse Financial Services CommitteeG20 Finance MinisterialWorking Families Tax CutsIranU.S. economyUS Treasury

• Treasury Welcomes Revised GloBE Information Return, Implementing Trump's Day One Executive Order

  11 Sep 2026 5:35 a.m. · Source: US Treasury

  Treasury welcomes the revised GloBE Information Return, saying it implements President Trump's Day One executive order and shields U.S.-headquartered companies from overlapping foreign minimum taxes.

  Politics and GovernmentBusinessUSAFederal GovernmentEconomyTradeLegal U.S. Department of the TreasuryGloBE Information ReturnScott BessentOECD Pillar Twoside-by-side safe harborinternational taxDonald Trump executive orderUS Treasury

• U.S. Mint Unveils 9/11 25th Anniversary Half Dollar

  10 Sep 2026 7:38 p.m. · Source: US Treasury

  The U.S. Mint announced a 2026 Semiquincentennial Enduring Liberty Half Dollar marking 25 years since September 11, featuring a "NEVER FORGET" privy mark and now open for pre-sale.

  Politics and GovernmentBusinessUSAFederal GovernmentFinancial MarketsSocial Issues United States MintSeptember 11 attacksScott BessentU.S. Department of the TreasurySemiquincentennial Enduring Liberty Half DollarCommemorative coinCoin pre-saleUS Treasury

• OCC Raises Asset Threshold to $6 Billion, Extending Exam Cycle for About 50 More Community Banks

  10 Sep 2026 5:45 p.m. · Source: Office of the Comptroller of the Currency (OCC)

  The OCC published an interim final rule raising the asset threshold to $6 billion under the 21st Century ROAD to Housing Act, making roughly 50 more institutions eligible for an 18-month exam cycle.

  BusinessPolitics and GovernmentUSABankingFederal GovernmentEconomyLegal Office of the Comptroller of the Currency21st Century ROAD to Housing ActJonathan V. Gouldcommunity banksexamination cyclebank regulationScott BessentOffice of the Comptroller of the Currency (OCC)

• Treasury Uncovers $17.5 Billion in Suspected Health Care Fraud

  9 Sep 2026 4:15 p.m. · Source: US Treasury

  FinCEN identified $17.5 billion in suspicious health care fraud activity, detailed in a new report. The Treasury, under the Trump Administration, is committed to disrupting these schemes, protecting taxpayers, and safeguarding federal health care programs through financial intelligence and whistleblower…

  Politics and GovernmentHealthBusinessLaw EnforcementFederal GovernmentEconomyLegalWhite HouseBanking Health Care FraudFinancial Crimes Enforcement Network (FinCEN)U.S. Department of the TreasuryBank Secrecy Act (BSA)Trump AdministrationScott BessentWhistleblowersUS Treasury

• Treasury Secretary Scott Bessent Engages in Fireside Chat at SMU Cox School of Business

  8 Sep 2026 5:12 p.m. · Source: US Treasury

  U.S. Treasury Secretary Scott Bessent is participating in a fireside chat at the SMU Cox School of Business in Dallas, Texas, starting at 4 PM CT, to discuss economic and financial matters.

  Politics and GovernmentBusinessFederal GovernmentEconomyEducation Scott BessentU.S. TreasurySMU Cox School of BusinessDallasFireside ChatFinanceUS Treasury

• US Treasury Secretary Bessent Meets Bank of Japan Governor Ueda on Yen Undervaluation

  1 Sep 2026 11:41 a.m. · Source: US Treasury

  US Treasury Secretary Scott Bessent met with Bank of Japan Governor Kazuo Ueda at the G20 in Asheville, North Carolina, to discuss macroeconomic priorities, monetary policy, and the yen's undervaluation.

  Politics and GovernmentBusinessFederal GovernmentEconomyBankingFinancial Markets Scott BessentKazuo UedaUS TreasuryBank of JapanG20AshevilleYenMonetary Policy

• Secretary Bessent to Participate in G20 Finance Sessions

  31 Aug 2026 8:39 a.m. · Source: US Treasury

  U.S. Treasury Secretary Scott Bessent is participating in the G20 Finance Ministers and Central Bank Governors Plenary Sessions in Asheville, North Carolina, livestreamed on X, discussing economic developments, growth, and banking.

  Politics and GovernmentBusinessWorldMediaGeneral PoliticsFederal GovernmentEconomyFinancial MarketsEducation Scott BessentG20U.S. Department of the TreasuryAshevilleFinance MinistersCentral Bank GovernorsEconomic PolicyUS Treasury

• US Treasury Launches 'Operation Economic Outcast' Against Iran

  24 Aug 2026 2:04 p.m. · Source: US Treasury

  The US Treasury has initiated 'Operation Economic Outcast,' an unprecedented campaign to sever Iran's global economic lifelines. Secretary Scott Bessent announced new sanctions targeting key sectors and entities, demanding international cooperation to isolate the regime.

  Politics and GovernmentBusinessConflictWorldGeneral PoliticsFederal GovernmentEconomyTradeMiddle EastMilitary TreasuryIranOperation Economic OutcastSanctionsScott BessentNuclear WeaponsUS Treasury

• Treasury Secretary Bessent Holds Press Conference

  24 Aug 2026 1:02 p.m. · Source: US Treasury

  U.S. Treasury Secretary Scott Bessent is holding a press conference today, August 24, 2026, at 1 PM EDT in Washington, D.C., to address current financial matters.

  Politics and GovernmentBusinessMediaFederal GovernmentEconomyFinancial Markets Scott BessentU.S. TreasuryPress ConferenceWashington D.C.GovernmentBusiness and FinancePublic AffairsUS Treasury

• Treasury Proposes Low-Cost Investment Rules for Trump Accounts

  20 Aug 2026 8:47 a.m. · Source: US Treasury

  The U.S. Treasury has proposed new guidance for Trump Accounts, emphasizing low-cost, diversified investments to maximize children's long-term savings by limiting fees and complex strategies, with SPYM as the default.

  Politics and GovernmentBusinessFederal GovernmentEconomyFinancial MarketsGeneral Politics US TreasuryTrump AccountsInvestment RulesScott BessentFrank BisignanoETFsFinancial Planning

• Asheville to Host G20 Finance Ministerial Focused on Economic Growth

  19 Aug 2026 2:16 p.m. · Source: US Treasury

  Treasury Secretary Scott Bessent will host global finance ministers and CEOs in Asheville, N.C., for the G20 Finance Ministerial from Aug. 29 to Sept. 1, emphasizing economic growth and President Trump's agenda over climate change.

  Politics and GovernmentBusinessWorldMediaGeneral PoliticsFederal GovernmentEconomyFinancial Markets Scott BessentG20 Finance MinisterialAshevilleNorth CarolinaEconomic GrowthDonald TrumpCEOsUS Treasury

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