Finance News – Treasury Secretary
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Treasury Secretary Bessent Says Stablecoins Can Bolster US Dollar 'Supremacy’
Treasury Secretary Bessent highlighted that stablecoins may enhance the U.S. dollar’s global position, potentially impacting financial markets as policymakers deliberate important...
Read Full Article →Treasury Secretary Bessent says Trump’s crypto push will ‘lock in’ dollar supremacy
Treasury Secretary Bessent highlighted that the growth of dollar-backed stablecoins could exceed $2 trillion within three years, reinforcing the dominance of the U.S. dollar in glo...
Read Full Article →Treasury Secretary Bessent says stablecoins are debt relief engine as Senate readies to vote on GENI...
Treasury Secretary Scott Bessent highlighted that approving proposed legislation could leverage stablecoins to reduce government borrowing expenses and manage the expanding nationa...
Read Full Article →Trump's Tariff Deals Deadline 'Highly Likely' To Be Delayed, Treasury Secretary Says
The postponement of the tariff agreement deadline could impact trade balances and economic forecasts by extending uncertainty in market conditions and affecting tariff-related reve...
Read Full Article →China counters Trump's accusations of Geneva trade deal violations, says U.S. undermining consensus
The recent disputes between the United States and China over trade agreements have raised concerns about potential impacts on global financial markets and economic cooperation betw...
Read Full Article →U.S.-China trade talks ‘stalled,’ may require direct talks between Trump and Xi, Bessent says
The delay in negotiations between the United States and China could impact global markets, with financial experts suggesting that resolution may depend on direct communication betw...
Read Full Article →U.S.-China talks 'a bit stalled' and need Trump and Xi to weigh in, Treasury Secretary Bessent says
The current impasse in negotiations between the United States and China may impact global markets, highlighting the necessity for direct intervention by top political leaders to re...
Read Full Article →Treasury Secretary Bessent has a plan to bring down long-term yields. But will it work?
U.S. Treasury Secretary Scott Bessent proposes a strategy aimed at lowering long-term borrowing costs, which could influence overall interest rates and impact financial markets if...
Read Full Article →After Trump rages, Walmart says it will eat ‘some’ of the tariff costs
Walmart plans to partially absorb recent tariff expenses, following a pattern seen in the previous administration, which could affect its pricing strategy and overall financial per...
Read Full Article →Trump-world admits it: America pays for tariffs
Despite previous assertions, recent statements from key figures acknowledge that the economic burden of tariffs ultimately falls on U.S. consumers and businesses through higher cos...
Read Full Article →Bessent threatens maximum tariffs and takes tougher line on trade talks
The Treasury secretary warns that interest rates could rise sharply to previously established peaks if participating nations fail to reach an agreement during ongoing trade discuss...
Read Full Article →Treasury Secretary Bessent says he's likely to meet with China again in 'next few weeks' to work on...
Treasury Secretary Bessent’s anticipated meeting with China aims to advance negotiations that could impact trade policies and economic relations, following a temporary suspension o...
Read Full Article →Trump says 80% tariff on China 'seems right' ahead of U.S.-Beijing trade talks
The proposed tariff rate could substantially impact trade balances and economic relations between the two countries as officials prepare for upcoming discussions in Switzerland.
Read Full Article →Swiss tariff crisis meeting between China and US may come to naught
The potential meeting between China and the US in Switzerland holds considerable financial importance, as it could influence global markets by addressing ongoing trade tensions and...
Read Full Article →Trump digs in on high China tariffs ahead of trade talks
The ongoing high tariffs on Chinese goods significantly impact trade dynamics and market stability, influencing negotiation strategies as both sides prepare for upcoming discussion...
Read Full Article →China says U.S. asked for trade meeting in Switzerland
The upcoming discussions between U.S. and Chinese trade officials in Switzerland may influence bilateral economic relations, potentially impacting market dynamics and international...
Read Full Article →China chides US over ‘serious negative impact’ of Trump tariffs as trade talks set to begin
The scheduled discussions between Chinese and US officials aim to address the economic consequences of recent tariffs, which have affected international trade stability and market...
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