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The Latest Breaking News from Scott Bessent

US Faces £760 Billion Tariff Refund Crisis If Supreme Court Rules Against President Trump, Report Says

A CNBC report warns the US could face a £760bn ($1tn) tariff refund crisis as the Supreme Court reviews President Trump's use of emergency trade powers.

International Business Times UK

Scott Bessent Expects US-China Rare Earths Deal By Thanksgiving Based On Xi Jinping's 'Word' But Issues Caution: 'All Options...'

Treasury Secretary Scott Bessent expressed optimism about the ongoing rare earths deal between the U.S. and China, hinting at a potential resolution by Thanksgiving.

Benzinga

Scott Bessent Says Trump's $2,000 Tariff Checks Are Meant For 'Working Families'

Treasury Secretary Scott Bessent said on Sunday that "working families" would receive the $2,000 tariff checks President Donald Trump has proposed, offering the clearest hint yet at who might benefit from the White House plan.

Benzinga

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Trump officials: Lower prices and greater affordability are coming

The Treasury secretary is promising lower prices and faster income growth in the coming months.

Axios

Trump's $2,000 tariff checks requires legislation, Bessent says

Trump's oft-repeated plan comes as the administration battles an affordability crisis.

Axios

White House Considers Softening Tariffs on Brazilian Coffee, Central American Bananas

Economists, however, are not confident on how much relief tariff cuts would actually provide—especially for coffee prices that have risen nearly 20% over the past year

Latin Times

Inside Trump’s scramble to reduce US dependence on Chinese rare-earth metals

The White House has made it a top priority to return the rare-earth industry to US shores. But is it really feasible?

The Guardian - US

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Trump's all-in-one tariffs try to fund everything, fix everything

Trump is relying on tariff revenue to fund big promises and broad agendas.

Axios

The Trump Administration Finally Admits That Tariffs Raise Prices

If lowering tariffs makes things cheaper, why stop at coffee?

Reason

Trump’s $2K Promise: What It Could Mean for Your 2026 Tax Return

Trump’s $2,000 dividend promise has left many asking a lot of questions, like what it could mean for taxes. Find out how your refund could be impacted.

GOBankingRates

Trump’s $2K Dividend: What Low-Income Americans Should Expect

Here's what qualifying recipients of the hypothetical tariff dividend payment could expect.

GOBankingRates

Who Gets The $2,000 Trump Tariff Dividend? Treasury Hints Only Families Earning Under $100k Will Qualify

Donald Trump pledges $2,000 'tariff dividends' for Americans, but the Supreme Court could order refunds of his controversial trade duties.

International Business Times UK

Did US Tap Over $800 Million From IMF Reserves To Support Argentina's Debt Payment?

The U.S. may have transferred over $800 million of its IMF reserves to Argentina, in a transaction that occurred just before a crucial debt payment.

Benzinga

Scott Bessent Says Trump Wants H-1B Workers To Teach Americans—Then Leave: 'That's A Home Run'

U.S. Treasury Secretary Scott Bessent defended President Donald Trump‘s new H-1B visa policy on Wednesday, saying it is designed to temporarily bring in skilled foreign experts to train American workers, not replace them.

Benzinga

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Benzinga

Scott Bessent Says Democrats Wanted To Stop Trump Agenda At Any Cost: 'The Shutdown Was Never About Healthcare'

Treasury Secretary Scott Bessent on Wednesday accused Democrats of engineering the record U.S. government shutdown to damage President Donald Trump politically, arguing the fight was "never about healthcare" and predicting the economy will roar back once Washington reopens for business.

The Independent UK

Here is who might be eligible for Trump’s $2,000 tariff dividend payments

Rebate checks would need to be approved by Congress, which has shown little appetite for president’s proposal

The Independent UK

‘The numbers just don’t check out’: Economists rip Trump’s $2,000 tariff revenue plan

President Donald Trump has promised Americans that they’ll receive a $2,000 check from revenue generated by his controversial tariffs — but financial experts say the numbers just don’t add up.

Axios

Bessent says "substantial" relief imminent on coffee, fruit prices

Trump's tariffs have hit coffee prices in particular.

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Benzinga

Scott Bessent Calls Trump's Argentina Deal A 'Swap Line' That Made Money For Americans

Treasury Secretary Scott Bessent on Tuesday defended the government's $20 billion emergency support for Argentina as a bid to "pursue peace through economic strength," insisting it was a profitable swap line, not a bailout.

International Business Times UK

2000 Tariff Dividend Date Delay? Treasury Chief Casts Doubt on Trump's $2000 Cheque Plan

Treasury Secretary Scott Bessent casts doubt on Donald Trump's $2000 tariff dividend plan, saying no formal proposal has been made for the promised rebate.

Benzinga

Trump's Tariff Revenue Inadequate To Cover His $2,000 Dividend Plan, Warns Tax Expert: 'No Leftover...'

President Donald Trump expressed support for providing Americans with $2,000 in tariff dividend checks, though experts note that the source of funding for the plan remains unclear.

Benzinga

Scott Bessent Says New IRS Crypto Guidance Gives ETFs 'Clear Path' To Stake Digital Assets And Share Rewards With Investors

The Treasury Department and the Internal Revenue Service have introduced new guidance, clearing the way for them to stake digital assets and share rewards with investors.

Axios

What to know about Trump's pitch for a $2,000 tariff dividend

Tariff stimulus checks is an idea Trump has repeatedly touted but never executed.

International Business Times UK

'FOOLS!' Trump Slams Critics as He Promises $2,000 'Tariff Bonus' for Americans

Donald Trump promised $2,000 tariff payments for most Americans, calling critics 'fools.' But experts say the plan's math doesn't work, and the Supreme Court may soon strike down the tariffs altogether.

The Independent UK

Scott Bessent plays the holiday grinch and warns of shutdown-related cargo shortages ahead of Christmas

Scott Bessent says the impact on the economy is going to get ‘worse and worse’ as the holiday season approaches

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