Scott Bessent
President Trump to Establish National AI Regulatory Framework, Overriding State Laws
Dec 12, 2025 08:11 am CST
President Donald Trump has announced plans to sign an executive order that would create a unified national standard for artificial intelligence regulation, potentially preempting various state-level AI laws. During a press briefing alongside Treasury Secretary Scott Bessent, Trump emphasized the need for a centralized approval system for AI technologies.
US Imposes New Sanctions on Maduro Family Members and Venezuelan Oil Shipments Under Trump Administration
Dec 12, 2025 05:56 am CST
The United States has expanded sanctions against Venezuelan President Nicolás Maduro's inner circle, targeting three of his nephews, a Panamanian businessman, six companies, and six Venezuelan oil vessels. This action follows President Trump's announcement of seizing a Venezuelan oil tanker and comes amid escalating US operations against alleged drug trafficking operations in Caribbean waters.
Trump Administration Moves to Designate Muslim Brotherhood Chapters as Terrorist Organizations
Nov 25, 2025 06:20 am CST
President Trump has signed an executive order initiating the process to designate specific Muslim Brotherhood chapters in Lebanon, Egypt, and Jordan as terrorist organizations. The administration claims these factions support attacks against Israel and US allies in the Middle East. If implemented, this designation would impose sanctions against one of the Arab world's oldest and most influential Islamist movements.
Trump's New H-1B Visa Strategy: Temporary Foreign Workers to Train Americans Before Returning Home
Nov 13, 2025 11:04 am CST
Treasury Secretary Scott Bessent reveals President Trump's reimagined H-1B visa program that focuses on bringing skilled foreign workers temporarily to train Americans in manufacturing and technology sectors, aiming to rebuild domestic capabilities while ensuring the skills transfer benefits American workers long-term.
Trump Administration Explains How Americans Will Receive $2,000 Tariff Dividend
Nov 10, 2025 04:53 pm CST
US Treasury Secretary Scott Bessent clarifies how the proposed $2,000 tariff dividend announced by President Trump could be distributed to Americans through tax cuts and other fiscal measures, while the Supreme Court evaluates the legality of Trump's tariff policies that could impact this initiative.
US Threatens New Tariffs if China Resumes Rare Earth Export Restrictions: Treasury Secretary Warns
Nov 03, 2025 02:36 am CST
The US Treasury Secretary Scott Bessent has warned that the Trump administration is prepared to reimpose tariffs if China blocks rare earth exports again, despite Beijing's recent one-year suspension of restrictions. Following talks between Trump and Xi in South Korea, Washington agreed to reduce tariffs by 10%, while China promised to address fentanyl trafficking into the US. Bessent emphasized the need to reduce dependency on China's rare earth processing monopoly.
China Approves TikTok Transfer Agreement: US Treasury Secretary Confirms Progress
Oct 31, 2025 12:19 am CST
US Treasury Secretary Scott Bessent has confirmed that China has approved the transfer agreement for TikTok, with implementation expected in coming weeks. The announcement follows a meeting between President Trump and Chinese leader Xi Jinping in Kuala Lumpur, marking a significant development in the ongoing negotiations over the popular short video platform.
China Signals Shift to Multipolar World Order as Trump and Xi Prepare for Critical Trade Talks
Oct 27, 2025 02:07 pm CST
China's Foreign Minister Wang Yi warned of an emerging "multipolar world" ahead of crucial trade negotiations between President Trump and President Xi Jinping. With global markets anxiously watching, US and Chinese officials have reportedly reached a "preliminary consensus" to avert additional tariffs scheduled for November 1, potentially easing tensions in the ongoing trade dispute between the world's largest economies.
US Treasury Secretary Announces Breakthrough in US-China Trade Negotiations Ahead of Trump-Xi Summit
Oct 27, 2025 12:43 am CST
US Treasury Secretary Scott Bessent has announced a significant trade agreement with China, averting planned tariff increases in exchange for Beijing delaying rare earth export restrictions. The deal includes substantial agricultural purchases benefiting US farmers and is expected to be formally announced at the upcoming Trump-Xi summit in South Korea.
US-China Trade Negotiations Show Progress Ahead of Critical Trump-Xi Summit in South Korea
Oct 25, 2025 09:59 pm CST
US and Chinese officials conducted "very constructive" trade discussions in Malaysia, building positive momentum before President Trump meets President Xi in South Korea next week. Both economic powers are seeking to resolve tensions over tariffs, rare earth controls, and shipping fees that have intensified their ongoing trade dispute.