Bessent says high US interest rates may have caused housing recession

Parts of the U.S. economy, particularly housing, may already be in recession because of high interest rates, U.S. Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal ...
The New York Times

Big Investors Await Windfall From Trump’s Argentina Bailout

The United States finalized a $20 billion lifeline for Argentina that will benefit Treasury Secretary Scott Bessent’s allies. By Alan Rappeport and Maria Abi-Habib Alan Rappeport covers the U.S.
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Daily on Energy: Bessent talks minerals and electricity, a mixed bag on fuel bills, and Nevada solar update

WHAT’S HAPPENING TODAY: Good afternoon and happy Wednesday, Daily on Energy readers! Treasury Secretary Scott Bessent is making news today, announcing the United States plans to set price floors ...
The New York Times

U.S. to Take Control of More Companies to Counter China

Treasury Secretary Scott Bessent said China’s dominance of rare earths calls for a more assertive American industrial policy. By Alan Rappeport and Ana Swanson Reporting from Washington The Trump ...