Treasury Secretary Scott Bessent

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Treasury Secretary Scott Bessent

Treasury Secretary Scott Bessent

@SecScottBessent

79th United States Secretary of the Treasury

Ingressou em março de 2026
Despite Iran’s efforts to disrupt energy shipments, oil exports from the Persian Gulf are roaring back and have surpassed pre-conflict levels. The message is clear: Iran’s threats have failed to stop the flow of energy to global markets.
Treasury launched Operation Economic Outcast to tighten the noose and block every potential source of revenue that funds the IRGC and murderous Iranian regime. Less than two months later, we have decimated every layer of Iran’s oil lifeline. Its shadow tanker fleet stands deplet…
I was pleased to meet with Paraguayan President Santiago Peña to discuss the growing economic partnership between the United States and Paraguay. We reaffirmed our shared commitment to strengthening economic cooperation and advancing secure and resilient critical minerals supply…
Before: tankers filled Iran’s main oil-loading terminal. After: no crude tankers in sight. Kharg Island is now nothing more than a monument to the one thing the Iranian regime can still produce: failure. The regime’s arrogance and belligerence continue to punish ordinary Irania…
Under President Trump, this Administration continues to restore the path to affordable homeownership for millions of young and working families. Treasury is working to ensure American families and workers have a fair shot at purchasing homes in their communities by increasing hou…
The GENIUS Act marks a watershed moment in American finance, further cementing the United States as the crypto capital of the world. Just as President Abraham Lincoln’s National Currency Act of 1863 established a national framework for bank-issued currency, the GENIUS Act establi…
The U.S. economy is expanding thanks to @POTUS’ proactive trade policies, deregulation, and pro-growth provisions in the Working Families Tax Cuts. Revised GDP data show stronger growth in Q1 and Q2 of 2026, driven in part by greater consumer spending and investment. Forecasters…
Hardworking American taxpayers should not be forced to subsidize health care for people who are ineligible under federal law. Today’s proposed rules implement the common-sense reforms enacted by the Working Families Tax Cuts to close eligibility loopholes and ensure taxpayer-fun…
Thanks to @POTUS’ leadership, we are delivering on his commitment to guarantee Fair Banking for all Americans. Our review @USOCC documents how banks’ use of subjective “reputation risk” policies restricted access to financial services based on customers’ beliefs and lawful busin…
Today, I spoke virtually with Republic of Korea Deputy Prime Minister and Minister of Finance and Economy Lee Hyoung-il. I congratulated Deputy Prime Minister Lee on his new role and underscored the importance of the U.S.-Republic of Korea economic and financial relationship. We…
More than five centuries ago, the son of a wool weaver from Genoa sailed westward to widen the boundaries of the known world. Across a vast and punishing Atlantic, the voyage exhausted the patience of its crew, but never the conviction of its captain. Christopher Columbus kept go…
Another day, another Econ 101 lesson for Professor Warren. Her “Trumpflation” tracker conveniently ignores the Bidenflation tidal wave that crushed American families, cherry-picks wage growth by refusing to acknowledge positive real wage gains since President Trump came into off…
Capital follows confidence. Since @POTUS took office, the United States has been the world’s leading destination for foreign direct investment. Under this Administration, lower taxes, fairer trade, and lighter regulation are ensuring that America remains the premier place to in…
.@USTreasury continues to transform how the federal government protects taxpayer dollars by using better data, stronger controls, and advanced technology to stop fraud and improper payments before money goes out the door. In the past year alone, Treasury built and deployed new s…
Operation Economic Outcast is delivering results: the rial has plunged to record lows, Iran loaded zero crude oil onto tankers last month, and even Iran’s top security official has admitted the country is facing one of the most difficult periods in its history. The Iranian regim…
Under @POTUS, the United States is showing the world what real economic growth looks like. With just around 4% of the world’s population, we produce 26% of global nominal GDP. Our firms lead the G20 in productivity. And more than 60 of the world’s 100 most valuable companies are…
The newest United States National Strategy for Financial Literacy is a roadmap to help every American build the knowledge and skills needed to achieve financial security for themselves and their families. The advent of Trump Accounts demonstrates what this approach looks like i…
Iran loaded ZERO crude oil onto tankers in September. The Trump Administration is cutting off the Iranian regime’s most critical source of revenue. Operation Economic Outcast is severing the economic lifelines that have allowed Tehran to finance its terrorist agenda.
Under President Trump’s leadership, the United States is delivering on its commitments to help stabilize global energy markets. Our European partners should accelerate delivery on their existing commitments and make additional supplies immediately available to address ongoing dis…
Millions of children have already enrolled in Trump Accounts. With automatic enrollment, over 60 million more eligible children now have an account ready to be claimed. This is a transformative milestone in the Trump Administration's effort to give every American child the oppor…
A stronger economy begins with policies that reward hard work, boost investment, and encourage entrepreneurship. This past filing season, thanks to @POTUS’ Working Families Tax Cuts, 97% of filers received a tax cut and avoided a massive tax hike. Savings from this tax season h…
Economic growth accelerates when businesses are able to invest, innovate, and compete rather than navigate unnecessary bureaucracy. Under @POTUS, 129 regulations have been eliminated for every new rule introduced. By reducing red tape, the Trump Administration has created an env…
The private sector is driving America’s economic resurgence. Since January 2025, more than one million private-sector jobs have been created while the federal workforce has been reduced to its lowest levels since the 1960s. At the same time, more than 1.3 million additional nat…
Today in Washington, Vice Premier He Lifeng and I held substantive discussions on the U.S.-China economic relationship ahead of President Trump’s meeting with President Xi. Our discussions continued to focus on securing meaningful commitments that protect American workers, farmer…
America’s economic success depends on translating investment into productive capacity, good-paying jobs, and long-term growth. The construction boom we are seeing across the nation is laying the foundation for a manufacturing resurgence as we bring more jobs back from overseas.…
.@POTUS’ pro-growth agenda is restoring purchasing power for working families. As wages continue to outpace inflation, real weekly earnings for blue-collar manufacturing workers have risen 4.1%, while blue-collar construction workers have seen a 5% increase since January 2025. R…
In New York City, Vice Premier He Lifeng and I are continuing our discussions on the U.S.-China economic and trade relationship ahead of @POTUS’ historic summit with President Xi in Washington. These talks help lay the groundwork for President Trump to advance America’s economic…
$82 billion. That is how much tax relief American families and workers claimed through this filing season under @POTUS’ Working Families Tax Cuts. The overwhelming majority of that relief went to households earning less than $200,000. This administration is ensuring that Promise…
Under @POTUS, the private sector has created over 1 million jobs. Real wages are outpacing inflation. The bottom 25 percent of wage earners are seeing larger wage increases than those at the top. And the Working Families Tax Cuts has delivered the largest share of tax relief dire…
I’ve said many times that the CLARITY Act is essential to ensuring America wins the global race for new technology. That’s the reason Congress passed the GENIUS Act: to ensure that stablecoin infrastructure, a revolutionary financial technology, will be built in America. Ensurin…
Treasury launched Operation Economic Outcast to cut off all financial lifelines to the Iranian regime and its enablers. That’s why I issued a new call for whistleblowers to come forward with tips about those who facilitate Iran’s terror. To anyone worldwide with information on t…
Twenty-five years ago, 2,977 innocent souls perished on September 11th. Few anniversaries in the life of a nation carry the weight of this one. Today, we remember the lives we lost, the families who have carried the anguish of that morning across a quarter-century, and the first…
President Trump made clear on his first day in office that the Biden Administration’s OECD global tax deal would have no force or effect in the United States. The revised GloBE Information Return delivers on a key element of President Trump’s international tax agenda by putting…
Today marks one year since the assassination of my friend, Charlie Kirk. Charlie’s life was defined by conviction, courage, and an abiding love of country. He inspired a generation of Americans to engage in the work of preserving our nation's founding principles of faith and fre…
In July, I called on the Senate to advance the Clarity Act — a bill to establish a comprehensive regulatory framework for digital assets and upgrade our ability to prevent bad actors from exploiting these critical technologies. When the Senate returns from August recess, I stron…
This Labor Day, we celebrate the American worker and the policies that are putting their families first. Under @POTUS, real wages are outpacing inflation and low-income workers have experienced faster wage growth than higher earners. Additionally, more than 900,000 private-secto…
.@POTUS is creating the conditions for a manufacturing boom. Construction jobs, across factory and trading sectors, are growing 10x faster than under Biden. Our America First pro-growth policies are creating the conditions for greater investment, stronger supply chains, and more…
Since the U.S. reinstated its blockade, no Iranian crude cargoes have successfully transited the Strait of Hormuz to China. Inventory cannot be replenished as crude piles up aboard vessels trapped inside the strait. Iran’s export lifeline is being cut off: stranded oil, finite st…
The European Union has officially joined Operation Economic Outcast and we appreciate their strong and early stance. The United States stands firm with our allies in ensuring the murderous Iranian regime cannot exploit the global financial system to fund its nuclear ambitions, we…
Under @POTUS, this Administration is standing up for America’s students by ensuring racial discrimination has no place in American education. Schools rebranding race-based preferences as equitable, inclusive, or diversity-enhancing does not change their discriminatory nature. Tod…
Over the past few days, we have convened the world’s leading economic policymakers and business leaders here in Asheville around a common purpose of stronger growth. Every discussion brought us back to the same conviction: growth is the strongest foundation for durable prosperit…