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@SecScottBessent
79th United States Secretary of the Treasury
For too long, our political class treated efficiency as a substitute for resilience and consumption as a measure of prosperity. Trade policy, industrial capacity, and national security are inseparable. And to allow foreign dependencies to degrade any one of those domains is to
While America slept for decades, our vulnerabilities grew. But under President Trump’s leadership, we are alert to the risks we can no longer ignore—and attuned to the responsibilities we can no longer defer. Under @POTUS, we have awoken to morning again in America. And as we
The United States Government will not tolerate any effort to impose a tolling system in the Strait of Hormuz. Oman, in particular, should know that the U.S. Treasury will aggressively target any actors involved - directly or indirectly - in facilitating tolls for the Strait and
The @USTreasury continues our Economic Fury campaign against the Iranian regime. Their troops are not getting paid, the police are not reporting for work, and Kharg Island is shut down. The Iranian economy and currency are in free fall. Iran’s Persian Gulf Strait Authority
For too long, financial markets felt out of reach for too many. We are proud to launch the @TrumpAccounts app, a historic tool that brings the President’s vision directly to the kitchen table. This app ensures that every American family has a direct and easy way to be involved
I was honored to meet with @realartlaffer and Lisa Nelson, CEO of @ALEC_states, for a productive discussion on pro-growth economic policy, tax reform, and how we can continue creating the conditions for American families and businesses to prosper. At Treasury, we focus on
On Memorial Day, we pause as one nation to remember the brave men and women who gave their lives in defense of our country and the freedoms we cherish. Their sacrifice represents the very highest form of service to America. We honor those who never returned home, and we keep all
.@TrumpAccounts are designed to strengthen financial foundations early in life. Each eligible child will receive an initial $1,000 contribution from the U.S. Treasury to support long-term growth. TrumpAccounts.gov
Robert Gabriel has done a stellar job as DNSA aligning economic policy with national security goals. He has been a great partner in driving efforts to reindustrialize the U.S. economy, re-shore production and investment, and prioritize our financial and capital markets.
Congratulations to Kevin Warsh on becoming the 17th Chair of the @federalreserve. I look forward to working together to strengthen the American economy and restore confidence in our financial institutions. Today, a new chapter begins at the Federal Reserve with accountability,
Hizballah is a terrorist organization and must be fully disarmed. Treasury will continue to take action against officials who have infiltrated the Lebanese government and are enabling Hizballah to wage its senseless campaign of violence against the Lebanese people and obstruct x.com/USTreasury/sta…
I enjoyed meeting with His Excellency Ali bin Ahmed Al Kuwari @MoF_Qatar in Paris. We discussed Doha’s tremendous resilience in the face of Iran’s indiscriminate attacks on its neighbors and the need for allies to continue to pressure Iran now to end its threats.
As @POTUS has made clear, this Administration will not allow narco-terrorists to flood our borders with poison. Treasury will continue to target terrorist cartels and their fentanyl trafficking networks to protect our communities and Keep America Safe. x.com/USTreasury/sta…
The United States is hardly alone in facing the scourge of terrorism, especially from Iran. Yet, too often, we seem to be alone in our resolve to thwart it. If we are serious about “no money for terror,” then there must also be “no room for excuses.” At the No Money for Terror
Iran’s shadow banking system facilitates the illicit transfer of funding for terrorist purposes. As Treasury systematically dismantles Tehran’s shadow banking system and shadow fleet under Economic Fury, financial institutions must be alert to how the regime manipulates the x.com/USTreasury/sta…
The pro-terror flotilla attempting to reach Gaza is a ludicrous attempt to undermine President Trump’s successful progress toward lasting peace in the region. Treasury will continue to sever Hamas’ global financial support networks, no matter where in the world they are. x.com/USTreasury/sta…
Following my successful visit to Japan last week, I spoke with @Bank_of_Japan_e Governor Kazuo Ueda today on the sidelines of the @G7 about Japan’s resilient economy and market outlook. I am confident that Governor Ueda will successfully guide Japan’s monetary policy, and I
At the @G7 Finance Ministers meeting, I had constructive discussions with my counterparts on the global economy, global imbalances, cybersecurity, the terrorist threat posed by Iran, and critical minerals. Thank you, Minister @RolandLescure, for hosting us in Paris.
Trump Accounts are not only a savings tool but an opportunity to build financial literacy. As account balances grow, young Americans will gain firsthand experience with investing and long term planning.
.@USTreasury is issuing a temporary 30-day general license to provide the most vulnerable nations with the ability to temporarily access Russian oil currently stranded at sea. This extension will provide additional flexibility, and we will work with these nations to provide
In advance of @POTUS’ historic Beijing summit with President Xi, Vice Premier He Lifeng of China and I met in South Korea to discuss the economic and trade relationship between our nations.
In my meeting with President @jaemyung_lee of South Korea, I thanked him for both his hospitality and for the strong alliance between the United States and South Korea. During our broad-ranging discussion, I noted South Korea’s strong economic performance and affirmed the United
Today @SenateGOP, along with the Democrat who put country before political ideology, confirmed @POTUS's nominee Kevin Warsh as the next Chairman of the @FederalReserve. Chairman Warsh will usher in a new day at an institution that is in need of accountability, sound policy
Thanks to the powerful bond between @POTUS and Prime Minister @takaichi_sanae the relationship between the United States and Japan is stronger than ever before, and I was happy to share with the Prime Minister my belief that the fundamentals of the Japanese economy are indeed
In my discussions with Minister @moteging, I commended Japan on its economic resilience. Economic security is national security, and the United States is grateful for Japan's support as a strong, stable ally. During our talks, I raised issues pertaining to critical minerals and
The Trump Administration is focused on helping families build long-term financial security for millions of children by establishing tax-advantaged investment accounts for U.S. citizens under 18. Parents and guardians can enroll by completing IRS form 4547 at x.com/whitehouse/sta…
During talks with Minister @ryosei_akazawa, I was glad to share that thanks to President Trump’s policy of American Energy Dominance, the United States is now exporting a record amount of energy to the world. I highlighted the continued positive collaboration between the United
In my meeting with Minister @satsukikatayama, I was pleased to reaffirm the strong economic partnership between the United States and Japan. The level of communication and coordination between our teams in addressing undesirable, excess volatility in currency markets continues to