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Treasury Secretary Scott Bessent was shouted at during a Committee hearing this week by a Chicago-area Democrat amid a heated exchange over the Trump economy. At one point in the exchange, Bessent slammed Schneider's Democrat-run Illinois for driving people away through its own economic policies — a comment that incensed the lawmaker. Bessent smiled and asked if that meant Schneider was "in agreement" with President Donald Trump — as the Democrat had listed off all the president’s goals otherwise ridiculed by critics. "Unless an American life is lost, he does not believe that he will have to restart the kinetic...

California Democratic Congresswoman Judy Chu got into a vicious back-and-forth over the Iran war with Treasury Secretary Scott Bessent Thursday — but was caught flat-footed when asked who the president was during World War I. At a House Ways and Means Committee hearing to discuss the Trump administration’s fiscal policies, Chu tried to grill Bessent on a past remark by the Republican president, suggesting he wasn’t factoring in the financial situations of US citizens during negotiations to end the war. “Do you agree with President Trump that you also do not care about Americans’ financial situations?” Chu asked, while a...

The ​U.S. Treasury ‌Department is ​sanctioning ​multiple wallets ⁠tied ​to ​Iran, thereby freezing $344 ​million ​in cryptocurrency, Treasury ‌Secretary ⁠Scott Bessent ​said ​in ⁠a statement ​on ​X.....

Iran’s regime lost the war the moment American force and economic pressure exposed its bluff; what remains is the slow collapse of a terror state running out of money, options, and time.Some nearly stochastic notes on Iran. I begin by singing the same song I have been crooning since President Trump announced the ceasefire and naval blockade in mid-April. The war is over. If this were a novel, we’d be in epilogue territory where we tie up some loose threads in the plot and learn about the fates of various characters.First, let’s talk about money, or rather Iran’s lack thereof....

This is a MASSIVE move by Scott Bessent. The Treasury Department has said the IRS will be revising the Form 990 used by NGOs in an effort to uncover fraud and hidden sources of funding. I’ve gone through hundreds of 990 forms. The way they’re set up right now, they do not have to disclose who their donors are. Perfect example is GLSEN. They have two anonymous donors that give them millions and millions of dollars and they don’t have to disclose who they are. Keep in mind that the people running GLSEN are trans activists. I imagine that if...

As media hype falters and globalists posture, Trump’s campaign to secure the world’s chokepoints reshapes power—and leaves Iran and its allies with little leverage left. Possibly the most amusing fake news item Saturday morning came from The New York Times. Under the rubric “Iran War Live Updates,” a headline screamed, “Iran’s Military Says It Has Reimposed ‘Strict Control’ of Strait of Hormuz.” To which an inquiring mind wants to know, “What Iran military?” It’s gone, Kemo Sabe. The floating bits are at the bottom of the sea. The terrestrial bits have been crushed, blasted, pulverized, or incinerated. Ditto most of...

Eric Daugherty@EricLDaugh·3h🚨 HOLY SMOKES. Sec. Scott Bessent just said that because Iran BOMBED Gulf neighbors, those countries are suddenly opening up Iranian regime BANK accounts to TreasurySo he can FREEZE their assets! Checkmate playing out. 🔥"What may prove to be FATAL mistakes the Iranians made was bombing their [Gulf] NEIGHBORS.""Who are now willing to be much more transparent in terms of the funds, or do a deeper dive in investigating the funds that are held within their banking systems.""So, we have pushed out to them the request that we want to freeze more funds of the leadership of the IRGC...

🚨 BREAKING: Scott Bessent tells Kristen Welker to shove it when baited into condemning President Trump's celebration of Robert Mueller's death "Given what was done to Trump and his family, it's impossible to understand what he went through." "I think we should have a little empathy for what has been done to Trump and his family." "I watched the look in his eye. Neither one of us can understand what has been done to him and his family."

WASHINGTON — Education Secretary Linda McMahon is sending a letter to 43 million Americans with student loans — about 9 million of whom are in default — to notify them that the Treasury Department is taking over debt collection, The Post has learned. The letter describes the transfer of responsibilities as a way to protect taxpayers by improving the efficiency of the collection process — after loan repayments were paused through much of the Biden administration, with borrowers protected from delinquency through September 2024. “For too long, Americans have shouldered the consequences of poor leadership and persistent mismanagement of our...

Chilling photos show the tense moments President Trump and Vice President Vance orchestrated the monumental strikes on Iran while hundreds of miles apart. Trump, wearing a “USA” cap, led discussions from Mar-a-Lago with his national security team, pictures shared by the White House show. Secretary of State Marco Rubio, White House Chief of Staff Susie Wiles and Chairman of the Joint Chiefs of Staff, Gen. Dan Caine, joined the president in monitoring the mission. Vance oversaw a second cohort of officials from the Situation Room in DC, which was dialed in to the Mar-a-Lago operations. Seated at the head of...

LYNCH: Financial services firms… BESSENT: Well, the Biden Administration… LYNCH: Sir, please be responsive to my question. BESSENT: I’m trying, sir, and this back-and-forth is just eating your time. The Biden Administration had an extinction policy for crypto… LYNCH: This is when Trump came into office. I’m going to go to the next question…Mr. Chariman, the answers have to be responsive if we are going to have a serious hearing. BESSENT: Well, the questions have to be serious. LYNCH: Those are 100 dismissals of cases the Trump Administration executed in their first weeks in office BESSENT: Well, the questions have...

🚨 HOLY CRAP! Scott Bessent just PUMMELED Gavin Newsom in Davos "He's here this week with his billionaire sugar daddy, Alex Soros!" 🔥 "I think it's very, very ironic that Newsom — who strikes me as Patrick Bateman meets Sparkle Beach Ben — may be the only Californian who knows less about economics than Kamala Harris!" BOOM!

An American heiress has dropped a bombshell, possibly precedent-setting $12 billion lawsuit against some of the world’s biggest banks – accusing them of helping her late father loot her $350 million trust fund. Tanya Dick-Stock, the daughter of late Canadian-born Denver real estate mogul John Dick Sr., and her husband Darrin Stock, sued Barclays, HSBC, and multiple trust companies in Colorado District Court on Dec. 5th, claiming the banks unlawfully handed control of her $350 million trust to her father, according to a complaint filed by their lawyer, former US presidential candidate John Edwards. The case reveals how Dick Sr....

BUENOS AIRES, Argentina (AP) — 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 his chronically distressed economy. In addition to making payments to bondholders, Milei’s radical libertarian administration had “quickly and fully repaid its limited draw,” Bessent said, without specifying the amount. The Treasury’s latest report on the status of the credit line said that Argentina’s central bank had traded pesos for $2.5 billion through the swap as of the end...

Antifa militants are circulating a guide that describes how to destroy domestic infrastructure by creating incendiary devices. Journalist Andy Ngo drew attention to the guide in a post on Twitter. “Antifa accounts are sharing a guide on how to make incendiary devices that will burn cables used in infrastructure, like on train tracks,” Ngo posted. “Antifa and anarchist extremists believe that domestic terrorist attacks must be used to destabilize and destroy the state.” Ngo’s post included a photo of an Antifa account, Anarchist Federation News, that was circulating the guide. Since Trump’s return to the White House, it’s become clear...

If you are in the Trump administration even going out to dinner can be dangerous. A new video shows a group of activists affiliated with Code Pink, an anti-war feminist organization, verbally harassing Treasury Secretary Scott Bessent. In the video, the Code Pink activists, were seen shouting at Bessent for his economic policies. Code Pink released an article about their antics: "As the Trump administration has announced a naval blockade around Venezuela and continues to threaten war on the small, sovereign Latin American country, CODEPINK took the opportunity to call our Secretary Scott Bessent for his role in killing innocent...

The Trump administration is working toward cutting illegal migrants off from federal tax benefits and money transfer services, Treasury Secretary Scott Bessent said Friday. “At [President Trump’s] direction, we are working to cut off federal benefits to illegal aliens and preserve them for U.S. citizens,” Bessent wrote on X. As part of the effort, the Treasury Department will propose new regulations “clarifying that the refunded portions of certain individual income tax benefits are no longer available to illegal and other non-qualified aliens, covering the Earned Income Tax Credit, the Additional Child Tax Credit, the American Opportunity Tax Credit, and the...

When it comes to dealing with the hostile liberal media, the right is on a roll. Registered Republican Sydney Sweeney showed supreme self-confidence in refusing to fall into the rhetorical traps that her GQ interlocutor laid for her. And with little more than a raised eyebrow and the ability to answer a loaded question with a simple "no," Sweeney came away from the encounter as the unquestionable winner. Today, it was Scott Bessent's turn. In his Morning Joe appearance, the Treasury Secretary delivered a master class in rebuffing, and ultimately vanquishing, members of the liberal media seeking to tarnish the...

WASHINGTON — Vladimir Putin is feeling the sting of President Trump’s new oil sanctions — so much so that he dispatched one of his top henchmen on a desperate charm offensive across the US. Kirill Dmitriev, the Kremlin-linked financier who once served as Moscow’s backchannel to Washington, spent the weekend trying to schmooze top Trump officials and going on a media blitz. But the move failed spectacularly, with Treasury Secretary Scott Bessent bluntly blasting Dmitriev as a “Russian propagandist,” and NATO Amb. Matt Whitaker flatly rejected his overtures — saying the administration’s energy crackdown would continue. On one of the...

Treasury Secretary Scott Bessent on Tuesday accused India of profiteering from cheap Russian oil imports during the war in Ukraine, describing the practice as "arbitrage" and condemning it as unacceptable. "They are just profiteering. They are reselling," Bessent told CNBC's "Squawk Box" in an interview. "This is what I would call the Indian arbitrage — buying cheap Russian oil, reselling it as product." "They've made $16 billion in excess profits — some of the richest families in India," Bessent said.