↑ Scott Bessent Bessent's comments show importance of FX stability in US-South Korea cooperation, Seoul says - Treasury Secretary Scott Bessent's recent comments on the Korean won underscore the importance of foreign exchange stability for bilateral economic cooperation between Seoul and Washington, a senior South Korean official said on Thursday. US treasury secretary says Argentina has repaid its US credit line in a win for Milei - Argentina has repaid the funds it drew from a $20 billion credit line with the Trump administration, U.S. Treasury Secretary Scott Bessent announced Friday, in a crucial step for Argentine President Javier Milei to restore confidence in hisThe Supreme Court may rule Friday on Trump's tariffs. Here's what's at stake for the economy - The decision is poised to have far-reaching impacts on not only trade policy but also the U.S. fiscal situation.Secretary Bessent drops U.S. auto loan deduction bombshell - On Wednesday, January 7, U.S. Treasury Secretary Scott Bessent addressed a major headwind to the U.S. auto industry -- affordability -- saying the administration is working on a significant tax break that could help many buyers. The move isTreasury Secretary Bessent says more Fed rate cuts are 'only ingredient missing' for stronger economy - Bessent on Thursday pressed the administration's desire for lower interest rates, saying they are the key to future economic growth.Bessent, Trump urge ending the Senate filibuster; as 2026 budget looms - President Donald Trump and Treasury Sec. Scott Bessent urged an end to the Senate filibuster rule ahead of an anticipated budget battle in January.Trump to start final Fed chair interviews beginning with Kevin Warsh - President Donald Trump will begin the final interviews of candidates for the Federal Reserve chair this week, putting back on track the formal selection process that began this summer.CNBC's The China Connection newsletter: U.S.-China AI talent race heats up - The author of "Chip War" is worried about the U.S. losing its advantage over China in artificial intelligence talent.Treasury Secretary Bessent says he has divested his soybean farm - WASHINGTON, Dec 7 (Reuters) - U.S.Bessent says U.S. will finish the year with 3% GDP growth, sees 'very strong' holiday season - Treasury Secretary Scott Bessent said the economy will end the year on strong footing and said the president was disappointed in economic coverage in the media.