Tag: scott_bessent

• 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

• Treasury Seeks Public Comment on GENIUS Act Stablecoin Regulations

  17 Aug 2026 8:55 a.m. · Source: US Treasury

  The U.S. Treasury has issued a Notice of Proposed Rulemaking for the GENIUS Act, seeking public comment on new regulations for payment stablecoins. This aims to provide clarity for licensing and market access, fostering innovation and cementing the U.S. dollar's…

  Politics and GovernmentBusinessScience & TechnologyGeneral PoliticsFederal GovernmentEconomyFinancial MarketsComputers and Internet US Department of the TreasuryGENIUS ActPayment StablecoinsProposed RulemakingScott BessentDigital AssetsCryptocurrency RegulationUS Treasury

• US Treasury to Host G20 Finance Ministerial in Asheville

  14 Aug 2026 12:28 p.m. · Source: US Treasury

  Secretary Scott Bessent will host the G20 Finance Ministerial in Asheville, North Carolina, from August 29 to September 1, 2026. Global finance leaders will convene to advance discussions on key economic priorities, with media credentialing open until August 24th.

  Politics and GovernmentBusinessWorldFederal GovernmentEconomyGeneral Politics Scott BessentG20 Finance MinisterialAshevilleNorth CarolinaUS Department of the TreasuryGlobal EconomyFinance MinistersUS Treasury

• Treasury Secretary Bessent Touts Economic Growth in Iowa

  12 Aug 2026 8:55 p.m. · Source: US Treasury

  Treasury Secretary Scott Bessent visited Iowa, highlighting President Trump's economic agenda. He toured manufacturing facilities and met bankers, emphasizing how Working Families Tax Cuts and regulatory reforms are boosting jobs, investment, and supporting Main Street businesses and families.

  Politics and GovernmentBusinessLaw EnforcementFederal GovernmentEconomyBankingEmployment and LaborLegal Scott BessentIowaWorking Families Tax CutsManufacturingSmall BusinessRegulatory ReformTrump AccountsUS Treasury

• FinCEN Permanently Ends Beneficial Ownership Reporting for U.S. Businesses

  11 Aug 2026 4:03 p.m. · Source: US Treasury

  FinCEN permanently ends beneficial ownership reporting for U.S. companies and persons, deleting past data. Treasury Secretary Scott Bessent hails it as a victory for small businesses, fulfilling President Trump's promise to cut red tape.

  Politics and GovernmentBusinessFederal GovernmentEconomyGeneral Politics FinCENBeneficial Ownership ReportingSmall BusinessU.S. Department of the TreasuryCorporate Transparency ActScott BessentGovernment PolicyUS Treasury

• Joint Base Charleston Renamed to Honor Senator Lindsey Graham

  10 Aug 2026 1:10 p.m. · Source: US Treasury

  Joint Base Charleston is now Joint Base Lindsey Graham, honoring the former senator's three decades of service. Secretary Scott Bessent spoke at the ceremony, celebrating Graham's commitment to national defense and his South Carolina roots.

  Politics and GovernmentConflictFederal GovernmentMilitaryGeneral PoliticsState Governments Lindsey GrahamJoint Base Lindsey GrahamScott BessentSouth CarolinaMilitary BasesCeremoniesNational SecurityUS Treasury

• Treasury Welcomes S&P Global's New Critical Mineral Reference Prices

  7 Aug 2026 5:48 p.m. · Source: US Treasury

  The U.S. Treasury welcomed S&P Global's new critical mineral reference prices, enhancing market transparency for Gallium, Germanium, Tungsten, Antimony, Neodymium, and Praseodymium. This initiative aims to boost investment, strengthen supply chains, and support the Trump Administration's economic and national security…

  Politics and GovernmentBusinessWorldFederal GovernmentEconomyTradeGeneral Politics US Department of the TreasuryS&P GlobalCritical MineralsMarket TransparencySupply ChainsScott BessentTrump AdministrationUS Treasury

• Trump Administration Highlights Community Bank Support and Financial Security Efforts

  6 Aug 2026 5:24 p.m. · Source: Office of the Comptroller of the Currency (OCC)

  Treasury Secretary Scott Bessent and Comptroller Jonathan Gould discussed the Trump Administration's initiatives to ease regulatory burdens on community banks, boost Main Street economic growth, and protect the financial system from illicit activities in Arizona.

  Politics and GovernmentBusinessLaw EnforcementGeneral PoliticsFederal GovernmentEconomyBankingLegalSocial Issues Scott BessentJonathan V. GouldTrump AdministrationCommunity BanksRegulatory ReliefEconomic GrowthFinancial SystemOffice of the Comptroller of the Currency (OCC)

• Treasury Secretary Bessent Calls on Arizona Bankers to Bolster National Security Against Illicit Finance

  6 Aug 2026 3:45 p.m. · Source: US Treasury

  Treasury Secretary Scott Bessent urged Arizona bankers to combat illicit finance linked to border issues, emphasizing their vital role in national security and economic growth. He also criticized past regulations for weakening community banks.

  Politics and GovernmentBusinessLaw EnforcementFederal GovernmentEconomyBankingSocial Issues Scott BessentArizonaCommunity BanksFinancial CrimesNational SecurityDodd-FrankUS Treasury

• Treasury Secretary Bessent to Discuss Economic Agenda and Financial Integrity with Arizona Bankers

  6 Aug 2026 3:39 p.m. · Source: US Treasury

  Secretary Bessent and Comptroller Gould will meet Arizona bankers to discuss Trump's economic agenda, regulatory relief, and financial system integrity, including measures against illicit activity and credit risks from non-work authorized illegal aliens.

  Politics and GovernmentBusinessLaw EnforcementFederal GovernmentEconomyBankingEmployment and LaborLegal Scott BessentJonathan GouldPhoenix, ArizonaCommunity BankingFinancial RegulationTrump AdministrationEconomic PolicyUS Treasury

• Treasury Secretary Bessent to Address Arizona Bankers on Economic Agenda and Financial Integrity

  6 Aug 2026 3:20 p.m. · Source: US Treasury

  Secretary Scott Bessent and Comptroller Jonathan Gould will meet with Arizona community bankers to discuss the Trump Administration's economic agenda, regulatory relief, and measures to strengthen financial system integrity, including addressing risks from illegal aliens.

  Politics and GovernmentBusinessUSAFederal GovernmentEconomyBankingSocial Issues Scott BessentJonathan GouldUS TreasuryPhoenixArizonaCommunity BankingFinancial Regulation

• Treasury Secretary Bessent, Speaker Johnson to Visit Arizona for Economic Discussions

  5 Aug 2026 7:57 p.m. · Source: US Treasury

  U.S. Treasury Secretary Scott Bessent, Speaker Mike Johnson, and Congressman Juan Ciscomani will visit Casa Grande, Arizona, for a manufacturing tour and economic roundtable, highlighting the Trump Administration's pro-growth policies and tax cuts.

  Politics and GovernmentBusinessFederal GovernmentEconomyFinancial MarketsCongressEmployment and Labor Scott BessentMike JohnsonJuan CiscomaniArizonaManufacturingEconomic PolicyTrump AdministrationUS Treasury

• Treasury and IRS Issue Guidance on Expanded Paid Family and Medical Leave Tax Credit

  5 Aug 2026 10:09 a.m.

  The Treasury and IRS released guidance on the Working Families Tax Cuts, permanently expanding the employer tax credit for paid family and medical leave. This offers businesses, especially small ones, enhanced incentives to provide up to 12 weeks of paid…

  Politics and GovernmentBusinessHealthUSAFederal GovernmentEconomyEmployment and LaborLegalSocial Issues Paid Family and Medical LeaveTax CreditWorking Families Tax CutsIRSTreasury DepartmentScott BessentFrank J. Bisignano

• Treasury Secretary Bessent to Visit Arizona for Economic and Financial System Discussions

  4 Aug 2026 1:39 p.m. · Source: US Treasury

  Secretary Scott Bessent will travel to Arizona to discuss the Trump Administration's pro-growth economic agenda, including tax cuts and efforts to strengthen the financial system, meeting with manufacturers and community bankers.

  Politics and GovernmentBusinessLaw EnforcementFederal GovernmentEconomyBankingSocial Issues Scott BessentArizonaEconomic PolicyFinancial SystemManufacturingCommunity BankingTrump AdministrationUS Treasury

• US Treasury to Host G20 Finance Ministerial in Asheville, NC

  4 Aug 2026 11:08 a.m. · Source: US Treasury

  Secretary Scott Bessent will host the G20 Finance Ministerial in Asheville, North Carolina, bringing together global finance leaders. Media credentialing is now open for the late August to early September 2026 event.

  Politics and GovernmentBusinessWorldFederal GovernmentEconomyBankingFinancial MarketsGeneral PoliticsMedia G20Finance MinisterialAshevilleNorth CarolinaScott BessentUS TreasuryGlobal Economy

• Treasury Unveils Redesigned CFIUS Website to Streamline Foreign Investment Reviews

  29 Jul 2026 8:32 a.m. · Source: US Treasury

  The U.S. Treasury launched a redesigned CFIUS website, CFIUS.gov, featuring a pre-filing portal, risk matrix, and process guidance. This aims to modernize information access and streamline foreign investment reviews, enhancing national security and economic engagement.

  Politics and GovernmentBusinessFederal GovernmentEconomyTradeComputers and Internet US Department of the TreasuryCFIUSForeign InvestmentNational SecurityScott BessentChris PilkertonGovernmentUS Treasury

• Treasury Secretary Bessent Hails "Historic" Launch of Trump Accounts, Citing 7 Million Enrollments

  27 Jul 2026 1:34 p.m. · Source: US Treasury

  U.S. Treasury Secretary Scott Bessent announced the successful launch of Trump Accounts, enrolling 7 million children. The program provides seed investments and aims to boost financial literacy and an "ownership economy" for American youth.

  Politics and GovernmentBusinessFederal GovernmentEconomyFinancial MarketsEducationArtificial Intelligence Scott BessentTrump AccountsFinancial LiteracyU.S. TreasuryInvestment AccountsDigital Financial LiteracyOwnership EconomyUS Treasury

• Treasury Removes 84 from Sanctions List in Modernization Push

  27 Jul 2026 1:33 p.m. · Source: US Treasury

  The U.S. Treasury's OFAC removed 84 individuals and entities from its sanctions list, updating 22 entries and resolving 18 duplicates. This is the second phase of a modernization effort to ensure sanctions are targeted and effective, supported by a new…

  Politics and GovernmentBusinessLaw EnforcementFederal GovernmentGeneral PoliticsEconomyLegalFinancial Markets U.S. Department of the TreasuryOFACSanctionsModernizationScott BessentTrump AdministrationReconsideration PortalUS Treasury

• Treasury to Host FLEC Meeting on Digital Financial Literacy

  27 Jul 2026 10:23 a.m. · Source: US Treasury

  The U.S. Treasury will host a public meeting of the Financial Literacy and Education Commission (FLEC) on July 27, 2026. Chaired by Secretary Scott Bessent, the meeting will focus on advancing digital financial literacy and education.

  Politics and GovernmentBusinessFederal GovernmentEconomyEducation U.S. TreasuryFinancial Literacy and Education CommissionScott BessentDigital Financial LiteracyFinancial EducationWashington D.C.Public MeetingUS Treasury

• FinCEN Alerts Financial Institutions to Federal Student Aid Fraud Schemes

  24 Jul 2026 10:12 a.m. · Source: US Treasury

  FinCEN has issued an alert to financial institutions regarding widespread fraud targeting federal student aid. The alert details schemes involving 'ghost students' and 'straw students' and urges vigilance to detect and report suspicious activity.

  Politics and GovernmentBusinessLaw EnforcementFederal GovernmentEconomyEducationLegalArtificial Intelligence FinCENFederal Student AidFraud SchemesFinancial CrimeGovernment Benefits FraudU.S. TreasuryScott BessentUS Treasury

• Treasury Report Finds No Currency Manipulators, Ten Nations on Monitoring List

  23 Jul 2026 4:12 p.m. · Source: US Treasury

  The U.S. Treasury's latest report found no major trading partners manipulated their currency through December 2025, but ten economies, including China, remain on a monitoring list for close attention to their foreign exchange policies.

  Politics and GovernmentBusinessWorldFederal GovernmentEconomyTradeFinancial MarketsGeneral Politics US Department of the TreasuryForeign ExchangeCurrency ManipulationTrade PolicyMonitoring ListScott BessentChinaUS Treasury

• US Treasury Secretary Praises Pakistan's Economic Reforms

  22 Jul 2026 11:46 a.m. · Source: US Treasury

  U.S. Treasury Secretary Scott Bessent met with Pakistan's Finance Minister Muhammad Aurangzeb, commending progress on macroeconomic stability and fiscal consolidation. Bessent urged sustained reforms for durable growth and supported Pakistan's return to international capital markets.

  BusinessPolitics and GovernmentEconomyFederal GovernmentGeneral PoliticsFinancial Markets US TreasuryPakistanScott BessentMuhammad AurangzebEconomic ReformsMacroeconomic StabilityInternational Capital Markets

• Treasury's New System Halts $99 Million in Payments to Deceased Individuals

  21 Jul 2026 6:33 a.m. · Source: US Treasury

  The U.S. Treasury successfully implemented a new payment verification process, stopping over 4,900 payments worth $99 million to deceased individuals, fulfilling President Trump's executive order.

  Politics and GovernmentUSAGeneral PoliticsWhite HouseFederal GovernmentEconomyLegal US TreasuryPayment VerificationDeceased IndividualsFraud PreventionExecutive Order 14249Scott BessentDonald J Trump

• Financial Stability Council Addresses Geopolitical Risk, AI, and Market Stability

  15 Jul 2026 4:21 p.m. · Source: US Treasury

  The Financial Stability Oversight Council, chaired by Treasury Secretary Scott Bessent, met to discuss geopolitical risk, AI's financial impact, quarterly stability, and nonbank designations, aiming to bolster U.S. financial system resilience.

  Politics and GovernmentBusinessScience & TechnologyFederal GovernmentEconomyBankingFinancial MarketsArtificial Intelligence Financial Stability Oversight CouncilScott BessentU.S. Department of the TreasuryGeopolitical RiskFinancial StabilityNonbank Financial CompaniesUS Treasury

• Financial Stability Council Addresses Geopolitical Risk, AI, and Economic Security

  15 Jul 2026 4:20 p.m. · Source: US Treasury

  The Financial Stability Oversight Council met to discuss geopolitical risk, AI's financial impact, Q2 2026 stability, and nonbank designations, aiming to bolster U.S. economic security and system resilience.

  BusinessPolitics and GovernmentScience & TechnologyFederal GovernmentEconomyBankingFinancial MarketsArtificial IntelligenceComputers and Internet Financial Stability Oversight CouncilUS TreasuryScott BessentGeopolitical RiskFinancial StabilityNonbank Financial Companies

• U.S. Treasury Launches Trump Accounts App to Boost Children's Financial Future

  6 Jul 2026 10:29 a.m. · Source: US Treasury

  President Trump and Secretary Bessent launched the Trump Accounts app, a new platform for families to manage and grow children's investments, offering financial education and aiming to expand stock ownership nationwide.

  Politics and GovernmentBusinessEducationFederal GovernmentEconomyFinancial MarketsSocial Issues Trump AccountsU.S. TreasuryFinancial EducationChildren's SavingsStock MarketScott BessentDonald J TrumpUS Treasury

• U.S. Treasury Launches Trump Accounts App Nationwide for Children's Financial Future

  4 Jul 2026 12:19 p.m. · Source: US Treasury

  The U.S. Treasury launched the Trump Accounts app nationwide, offering families a new platform to manage children's investments and financial education. This initiative aims to expand stock ownership and build long-term financial security for future generations.

  Politics and GovernmentBusinessFederal GovernmentEconomyFinancial MarketsEducationComputers and Internet Trump AccountsU.S. Department of the TreasuryFinancial EducationStock OwnershipSavings PlatformScott BessentWashington D.C.US Treasury

• Trump's Working Families Tax Cuts Deliver Over $82 Billion in First Year Relief

  2 Jul 2026 4:07 p.m. · Source: US Treasury

  One year after enactment, President Trump's Working Families Tax Cuts have provided over $82 billion in relief, primarily benefiting low- and middle-income Americans through various deductions and credits, according to a Treasury analysis.

  Politics and GovernmentBusinessFederal GovernmentRepublican PartyDemocratic PartyEconomyGeneral Politics Working Families Tax CutsTax ReliefUS TreasuryDonald TrumpScott BessentAmerican FamiliesPersonal Finance

• Treasury to Accept Philanthropic Stock Contributions for Trump Accounts

  2 Jul 2026 2:06 p.m. · Source: US Treasury

  The U.S. Treasury will now accept philanthropic stock contributions for Trump Accounts, launching July 4, 2026. This initiative aims to boost long-term financial security for American children, with over six million families already signed up.

  Politics and GovernmentBusinessFederal GovernmentEconomyFinancial MarketsSocial Issues U.S. Department of the TreasuryTrump AccountsPhilanthropyStock ContributionsFinancial ServicesChildrenScott BessentUS Treasury

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