The Latest Breaking News from Scott Bessent

President Trump was praised by his Japanese counterpart Friday as he handed out new marching orders to Elon Musk and his DOGE team.

Trump administration disbands Task Force KleptoCapture, shifts focus to combat TCOs and fentanyl trafficking, and revises FARA enforcement strategy.

Stocks surged late but the major indexes closed mixed as the search for market leadership continues.

U.S. Treasury sanctions network aiding Iranian oil shipments to China, targeting individuals and entities.

Scott Bessent said the president is instead focused on 10-year Treasury Bond yields.

March S&P 500 E-Mini futures (ESH25) are up +0.05%, and March Nasdaq 100 E-Mini futures (NQH25) are down -0.08% this morning as investors awaited a new round of U.S. economic data, remarks from Federal Reserve officials, and an earnings report from “Magnificent Seven” member Amazon.

Trump has demanded a plan to create a sovereign wealth fund to invest in global assets – ‘perhaps with TikTok’, he said.

The US Treasury said Tuesday that Elon Musk's government reform team can read data from its highly sensitive payment system but not alter it, after Democratic lawmakers raised the alarm over the move and called for an investigation.

Treasury secretary paused all work at Consumer Financial Protection Bureau, agency that was enacting reform