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
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…
Today, I joined @larry_kudlow for a fireside chat at the G20 Finance Ministers and Central Bank Governors meeting in Asheville. Under the U.S. G20 Presidency, we are bringing the G20 back to its core mission: stronger growth. Growth is the strongest foundation for durable prosp…
In my own life experiences, as a student of economic history, and now as the seventy-ninth Treasury Secretary, it is my firm belief that financial literacy is what fuels the American Dream. My family and I have supported financial literacy around the United States for decades, an…
As he makes our economy the most competitive and dynamic in the world, President Trump is laser-focused on leveling the playing field for American firms and workers following decades of indifference in Washington. Durable growth requires that our economies compete fairly on prod…
I was delighted to welcome my longtime friend, Bank of Japan Governor Kazuo Ueda, to the beautiful Blue Ridge Mountains for the G20 Finance Ministers and Central Bank Governors Meetings. We discussed the strength of the U.S.-Japan alliance, shared macroeconomic and financial pri…
The United States has the deepest, most dynamic, and most liquid markets in the history of the world. @POTUS’ vision for Parallel Prosperity on Main Street and Wall Street has guided our efforts to right-size and refocus financial regulation on material risk, not social agendas.…
Stronger, more durable growth is the central priority of the U.S. G20 Presidency. And under @POTUS, the United States is setting the pace in correcting policy failures that inhibit it. We have made the U.S. the world’s premier destination for capital to flow and for businesses t…
Just as @POTUS is reviving American economic growth and making it the centerpiece of this Administration’s agenda, we are taking the same approach and prioritizing growth as the host of this year’s G20 Finance Track. We look forward to convening policymakers and private sector le…
In her latest sciolistic letter to me, @SenWarren made it clear that she knows even less about foreign exchange markets than she does about banking. What is equally shocking, but not surprising: not a single member of the media mob has a rudimentary-enough level of financial mar…
As the Iranian people struggle to afford basic necessities, the corrupt regime continues to squander enormous sums abroad. Instead of funneling billions of dollars to its terrorist proxies, the regime should spend that money for its people.
Iran’s leadership is admitting what the world can now see: the pressure is working. President Masoud Pezeshkian acknowledged Iran’s economic shortages, saying, “The war must come to an end at some point.” Mohammad Bagher Ghalibaf, Iran’s parliamentary speaker, was even more dir…
In the Second World War, D-Day marked the historic beginning of a campaign with our allies to target and drive the enemy from its positions, including those in third countries. Today, in that same spirit, we are launching an economic onslaught against Iran’s financial connections…
On March 6, 2025, at the Economic Club of New York, I said that if I were an Iranian, I would get my money out of the rial. At the time, "official inflation" was 35%, the currency had depreciated by 60%, and the exchange rate was 887,500 rials to the U.S. dollar.
President Trump has dismantled Iran’s military capabilities, destroyed nearly 100 percent of its military factories, and buried its nuclear program. We are now entering the endgame. At dawn begins an economic D-Day — the single greatest financial offensive ever marshaled against…
Congratulations to @FLOTUS Melania Trump on today's expansion of the Fostering the Future scholarship initiative with IndyCar and university partners. Investing in foster youth is an investment in America's future—and it's great to see these race cars spotlighting such an importa…
We want to bring the G20 back to its core mission. That mission is talking about what countries can do, what economies can do, and how we can band together to achieve better global growth. Our message to our allies and our trading partners is that global growth is the way to take…
Show me where communism has ever worked before—whether it’s the Soviet Union, Cuba, or Venezuela. With these policies, you always end up with less. Core inflation, which came out days ago, was 2.5%—a very good number, moving toward the Fed’s 2% target. What we’ve seen over the…
New @FinCENnews analysis underscores that stronger border security is putting criminal smuggling networks on the defensive. Suspected human smuggling-related Bank Secrecy Act reports fell 62% in 2025, alongside the sharp decline in illegal southwest border crossings. The Trump Ad…
Trump Accounts are giving American families a new way to build wealth from day one. Today, Treasury is publishing guidance that will help families grow Trump Accounts by allowing employers to contribute up to $2,500 tax-free each year for employees’ dependents and giving employe…
With President Trump’s policies, the fundamentals for American prosperity are in place because American workers are the best in the world. Today’s jobs report understates the underlying strength of the real economy: Main Street is building, factories are producing, and workers ar…
A familiar act of mainstream media sophistry: work backward from a partisan verdict and then call the result analysis. The truth is wages are up for Americans across the distribution, but importantly earnings growth for Main Street workers at the 25th earnings percentile was 5.5…
One year after President Trump signed the Working Families Tax Cuts into law, the promise of the American Dream is extending to every factory floor. It was great to join Speaker Johnson and Congressman Ciscomani at the Frito-Lay facility in Casa Grande, Arizona to discuss how the…
One of the highlights of the Warsh Fed has been watching stenographers posing as journalists, like the WSJ’s Nick Timiraos, reduced to reporting Fed backroom gossip because they’re incapable of performing real economic or monetary policy analysis without being spoon-fed.
Hardworking Americans should not have to choose between caring for a loved one and earning a paycheck. @POTUS’ Working Families Tax Cuts permanently expands the federal Paid Family and Medical Leave Tax Credit, giving businesses, especially small businesses, greater incentives to…
It was an honor to administer the oath of office to my friend and patriot Jay Clayton as our nation’s ninth Director of National Intelligence in the presence of President Trump, his amazing family and loyal friends in the Oval Office this afternoon.   Jay’s career reflects rare b…
The Trump Administration delivers for America's trusted partners. Economic security is national security. And the U.S.-Japan alliance is built on both. Friday's coordinated foreign exchange actions countered disorderly yen movements. Treasury remains attentive and in close com…
Happy Birthday to @VP @JDVance, a fearless champion of President Trump and the America First agenda. More than the strength of his convictions and the might of his intellect, JD has given this Administration the full measure of his devotion to country, perhaps nowhere more power…
Our Founding Fathers—George Washington, Thomas Jefferson, and Alexander Hamilton—could never have imagined the economy America has built today. It is the envy of the world. As @POTUS has said, record investment is pouring into the United States. Thanks to President Trump's leade…