Tag: Scott Bessent
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Trump Account signups reach 7 million — Bessent says it’s ‘the most successful launch in government history’
About 7 million American children have been signed up for Trump Accounts, according to a new tally from the U.S. Department of the Treasury.
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CNBC Daily Open: AI race, potential tariffs and Middle East conflict continue to heat up
The U.S.-China AI race continues to intensify amid signs that the Trump administration could sanction China over “theft,” while OpenAI ramps up IPO efforts.
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The Fed rang the alarm about Anthropic’s Mythos AI model — but had to go months without it
The central bank didn’t have access to Claude Mythos Preview as of mid-July, even as other institutions were racing to patch their vulnerabilities.
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Bessent says U.S. could sanction China over AI model ‘theft’
Chinese open-weight models are gaining steam against leading offerings from American companies like OpenAI and Anthropic.
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Iranian leader scoffs at Trump claim that Iran must buy U.S. farm products with unfrozen assets
“The only crop we’re harvesting is what you planted: decades of mistrust,” Iranian parliament speaker Mohammad Bagher Ghalibaf said in a social media post.
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Bessent sees GDP growth booming again this year. Kalshi traders see little chance of that
Kalshi traders are not agreeing with Treasury Secretary Scott Bessent’s prediction that the U.S. economy will have 3% growth this year.
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Treasury Secretary Bessent says U.S. GDP growth can return to 3% before end of the year
Bessent sees his “3-3-3” plan as still in reach — 3% growth, a 3% deficit-to-GDP rate, and a 3 million barrels per day increase in oil production.
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U.S. Treasury will oversee frozen Iranian funds when they’re released, Bessent says
Treasury Secretary Scott Bessent said once Iranian frozen assets are released, they will be overseen by Treasury and routed largely to U.S. agriculture, medicines.
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U.S. issues sweeping Iran oil sanctions waivers, unlocking billions in revenue for Tehran
The U.S. issued a sweeping rollback of sanctions on Iranian oil, offering Tehran an economic lifeline as negotiations toward a peace deal proceed.
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Treasury Department authorizes Iranian oil sales under 60-day license
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