Scott Bessent

The Treasury Department is urging money transfer companies to increase their oversight of international transfers, while the Mexican government denies they are a channel for illicit activity

The Treasury Secretary is targeting individuals it accuses of having ties to the Tren de Aragua criminal gang, including the singer Rosita

A Yale University study reveals that duties are the highest they have been since the start of World War II, despite recent cuts

An EL PAÍS exclusive reveals the hidden figure that symbolizes the failure of the world’s largest producer to accurately measure its own production

Economic instability deepens and demand for dollars grows, five days before key legislative midterm elections

Javier Milei’s government has spent about $2.5 billion in just over two weeks to prop up the peso

With interest rates soaring and reserves in the red, Argentina’s far-right president is finding it increasingly difficult to keep his fiscal adjustment afloat. He is hoping a recent pledge from the White House will save him from the abyss

Treasury Secretary Scott Bessent warns ‘speculators’ that Trump ‘has given President Milei a rare endorsement of a foreign official’

Treasury Secretary Scott Bessent says he is negotiating an economic bailout for Javier Milei amid market pressure against the far-right leader’s plan

Retroactive penalties can exceed $1 million if people have been in the United States for a long time. Critics argue the strategy is more akin to intimidation than justice

The president is applying the same strategy of threats and blackmail with major corporations as he did during the trade war

With his replacement, and that of the Fed governor whose resignation paves the way for Powell’s succession, the US president could consolidate his economic agenda for the remainder of his term

The weariness of European capitals with Washington’s posturing is strengthening Brussels’ search for answers during the final stages of negotiations

The Republican president’s fixation on getting rid of Jerome Powell early and drastically lowering interest rates is putting the US economy at risk

Uncertainty and a rush to negotiate are defining the end of the 90-day pause, which expires Wednesday. Treasury Secretary Scott Bessent says countries that fail to reach an agreement by August 1 will ‘boomerang’ back to ‘Liberation Day’ rates

The US central bank extends the pause as the Republican calls its chair, Jerome Powell, ‘stupid’

The White House says the two leaders might discuss the trade relationship as early as this week, but Beijing remains skeptical

The agreement with China is further evidence of the erratic trade policy of the US president, who presents the solution to a problem of his own making as a triumph

The agreement will serve to maintain aid to Kyiv at a time when the two sides are nowhere near to sitting down to negotiate peace

Pressure from markets and businesses is forcing the US president to back down on issues such as tariffs and his desire to fire the head of the Federal Reserve

The IMF revises global economic forecasts downwards due to Trump’s trade war while the ECB cuts interest rates for the sixth time

On the same day, the Treasury Department sanctioned the two leaders of the criminal organization, a Georgia court indicted them, and the State Department offered $8 million for their capture

The US president surrounds himself with men who share one thing in common: they never criticize him