latest news in Scott Bessent

US Treasury Calms Market Fears Over Inflation Amid Middle East Tensions

Washington, D.C., Wednesday, 3 June 2026.
Despite global supply chain disruptions from the ongoing Iran conflict, Treasury Secretary Scott Bessent reassures investors, labeling the recent US inflation spike as a strictly temporary anomaly.

U.S. Treasury Warns Global Businesses of Severe Penalties for Iranian Airline Ties

Washington, Thursday, 28 May 2026.
On May 28, 2026, the U.S. Treasury warned businesses of severe economic penalties for engaging with Iranian airlines, aiming to financially pressure Tehran into reopening the Strait of Hormuz.