REVEALED: Scott bessent | Rare Historical Photos

Iran oil minister resigns, replaced by top executive amid US blockade on Tehran's exports

Iranian Oil Minister Mohsen Paknejad has resigned, with National Iranian Oil Company chief Hamid Bovard appointed as acting minister. The resignation comes as the US intensifies its naval blockade and sanctions targeting Iran’s oil revenues amid the ongoing Middle East war.

The Economic Times · 22m ago

Treasury Secretary Bessent Seeks To Calm AI Concerns, Acknowledges Need To 'Prepare For Every Occasion'.

Scott Bessent addressed rising calls for AI regulation and criticized AI "alarmism", but conceded that "safe" development and greater U.S.-China cooperation was desirable.

International Business Times · Oct 3

What the bond market reveals about Congress, the national debt and the middle class—and where America goes from here

The only real solution is to put fiscal policy on a sustainable trajectory, but on the tax side, it’s important to realize we have limited room.

Fortune · Oct 3

UK Government addresses panic over diesel supplies as Donald Trump pressure grows

People should not worry about diesel shortages, the Government has said, amid pressure from the US for European countries to use their reserves

The National (Scotland) · Oct 2

Don’t worry about diesel shortages, Government says, as US urges use of reserves

Britain joined crisis talks with the EU amid rocketing fuel prices

Evening Standard · Oct 2

Democrats to Trump: Show Us the Venezuela Oil Deal — or Face Subpoenas

Five House Democrats demanded the Venezuela-NABEP oil deal's full contract on Sept. 30 after a classified briefing produced zero answers — and subpoenas may follow.

Latin Times · Oct 1

Eleventh Circuit Upholds Restriction on Referring to "Settlement" of Trump v. IRS,

though concluding that the restriction is narrow.

Reason · Sep 29

AI has made borrowing more expensive – an expert explains how bond markets are changing

The global bond markets are a sensitive lot. And they’ve been having a particularly tricky time lately.

The Conversation · Sep 29

Charleston Mansion Restoration Sale: 1840s Ravenel House fetches $18.25m; nearly triples 2016 price

In 2016, Scott Bessent and John Freeman acquired the iconic John Ravenel House for $6.5 million. Following a meticulous three-year restoration that honored the house's historical elements while upgrading for luxury living, they listed it for $22.25 million in October 2024. Ultimately, the property sold for $18.25 million in March…

The Times of India · Sep 29

How Failed Fed Chair Candidate David Zervos Can Help Scott Bessent Rescue the Treasury Department’s Credibility

While the Fed's credibility has increased lately in investors' eyes, the same can't be said of Bessent's Treasury Department.

Barchart · Sep 28