G20 meeting live updates: Bessent, Warsh kick off summit with growth-focused remarks
Treasury Secretary Scott Bessent and Federal Reserve Chairman Kevin Warsh christened Monday’s gathering of the Group of 20…
G20 finance chiefs gather in North Carolina with Iran sanctions and tariffs in focus
The United States takes its turn chairing the G20 finance track this week under distinctly awkward conditions. US…
Bessent heads to the G20 to rally allies on Iran
ASHEVILLE, N.C. (AP) — Treasury Secretary Scott Bessent wants to rally the world’s largest economies this week at…
United Arab Emirates intercepts Iranian drone over its waters
DUBAI, United Arab Emirates (AP) — The United Arab Emirates’ air force intercepted an Iranian drone over its…
U.S.-Iran escalation shows Washington’s frustration with sanctions
An Iranian flag flutters in the wind as ships remain anchored on May 16, 2026 in the Strait…
US plans to sanction another bank, Bessent tells AP
ASHEVILLE, N.C. (AP) — President Donald Trump’s administration plans to impose sanctions on another bank this week as…
US Treasury blocks certain journalists from G20 meeting
WASHINGTON (AP) — The U.S. Treasury Department is preventing certain journalists from covering a finance meeting among the…
US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP
ASHEVILLE, N.C. – The Trump administration plans to impose sanctions on another bank this week in an effort…
Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoil
U.S. Treasury Secretary Scott Bessent testifies during a Senate Committee on Finance hearing in the Dirksen Senate Office…
Europe must choose between US and Iran, Gordon Sonland argues
Economic pressure on Iran intensifies as Treasury Secretary Scott Bessent urges G20 countries to sever financial ties with…
Iran trade falls as sanctions pressure economy
A UAE navy ship sails next to a cargo ship in the Strait of Hormuz as seen from…
US Treasury imposes new sanctions on Iran, targets regime’s use of US currency
The US Treasury Department proposed on Friday to revoke Banque Misr UAE’s correspondent banking access to US financial…