Colombia agrees to accept deported migrants; US drops tariff threat but maintains other penalties for now.

Donald Trump’s Treasury secretary Scott Bessent is pushing for new universal tariffs on US imports to start at 2.5 per cent and rise gradually, said four people familiar with the proposal.

US Capitol Police arrested an unhinged man with knives and Molotov cocktails who allegedly intended to murder House Speaker Mike Johnson as well as Trump cabinet appointees Pete Hegseth and Scott

WASHINGTON (AP) — A Massachusetts man was arrested on weapons charges after he visited the U.S. Capitol on Monday and told police that he wanted to kill top Republicans, including billionaire investor Scott Bessent on the day that the Senate confirmed him as President Donald Trump’s treasury secretary, according to a Tuesday court filing.

A brief standoff with Colombia holds important lessons for how future trade conflicts might unfold in the new Trump administration.

The billionaire investor Scott Bessent will serve as US President Donald Trump's treasury secretary, the US Senate confirmed on Monday. The hedge fun

WASHINGTON — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s treasury secretary, giving him the delicate balancing act of cutting ...

Bessent, 62, is a longtime hedge fund manager, Trump donor and adviser. He'll be the point person for Trump on a host of key economic issues.

Wall Street investor Scott Bessent was confirmed as the next Treasury secretary by the Senate on Monday. Bessent is a wealthy hedge fund manager who's seen as a business-friendly choice. He was confirmed by a vote of 68 to 29, signaling a degree of bipartisan support for the new Treasury secretary.

He has said the U.S. faces economic calamity if Congress does not renew key provisions of Trump’s Tax Cuts and Jobs Act that are set to expire Dec. 31, 2025.

Scott Bessent, a South Carolina resident and billionaire investor, was confirmed by the U.S. Senate on Monday.