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Scott Bessent is the U.S. Secretary of the Treasury, in office since January 28, 2025. Information as of Oct. 13, 2026.
Source: The Daily Letter
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Justice Department Opens Fraud Tip Rewards of $10,000 to $30,000, Paid When Charges Are Unsealed, as Vance's Fraud Drive Reaches the PublicThe Justice Department posted terms Oct. 20 for a three-year pilot paying $10,000 to $30,000 per tip that leads to unsealed criminal charges for health care or federal benefits fraud, the newest step in the drive Vice President Vance leads.
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Treasury Flags $270 Million in Suspicious Transactions Tied to Federal Student Aid and Sends the Findings to Federal InvestigatorsTreasury's FinCEN identified about $270 million in suspicious activity potentially tied to federal student aid fraud, from more than 20,000 transactions since February, and referred it to federal investigators.
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Bessent Calls Zelenskyy’s Starlink Charge “Very Reckless,” Three Times Won’t Say Ukraine Is an AllyTreasury Secretary Scott Bessent called Zelenskyy's claim that Washington slowed Starlink in Ukraine "very reckless" and three times declined to say whether Ukraine is a U.S. ally.
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“We Will Own the Economy”: Bessent Says No Russia Sanctions Were Lifted, Only the Diesel Embargo, and Ties Falling Gas Prices to the Iran WarTreasury Secretary Scott Bessent said on “Meet the Press” that the administration will own the economy, that no Russia sanctions were lifted beyond the diesel embargo, and that gas prices depend on the Iran war.
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Zelenskyy Says Ukraine Went Without U.S. Intelligence During Three Days of Ballistic Attacks and Calls Putin “a Killer” as He Urges Trump Not to Side With MoscowZelenskyy told “Meet the Press” that U.S. intelligence sharing was blocked during three days of Russian ballistic attacks before being restored, and said a U.S. request slowed Ukraine’s Starlink. Bessent called it “very reckless.”
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The Trump Report Card: A Record-Low Border and a Rising Stock Market, Against 3.7% Inflation, $4 Gas, a Lost Tariff Case, an Unfinished War and a $2 Trillion DeficitHow is Trump doing? Our report card grades the president on the border, growth, jobs, inflation and gas prices, tariffs, the Iran war, the deficit, the courts, the size of government and public approval, with 24 official data points behind the grades. Overall: C minus.
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The Georgieva Report Card: The IMF Chief Kept the Fund Alive Under Trump and Steered It Through a War Shock, but Argentina, Senegal’s Hidden Debt and a Retreat From Climate Cost Her MarksHow is Kristalina Georgieva doing at the IMF? Our report card grades the managing director on the war shock, Argentina’s $20 billion loan, Ukraine, Africa’s debt and Senegal’s hidden debt, the Trump administration and the Fund’s independence. Overall: B minus.
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“A Gift to Our Adversary”: 12 Senators and Now 22 House Members From Both Parties Demand Trump Revoke the License Letting Russian Diesel Into World Markets, Days Before the First Deadline Under the New Russia Sanctions LawBipartisan lawmakers are pressing Trump to revoke OFAC General License 135, issued Oct. 9, 2026, which lets Russian diesel into global markets through April 2027. 12 senators wrote Oct. 13; 22 House members Oct. 15. Read the license.
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America Chairs the G20 This Year, but Bessent Skipped Its Bangkok Finance Meeting as $100 Oil and Hormuz Disruption DominateThe U.S. holds the G20 presidency, but Treasury Secretary Scott Bessent skipped the Oct. 15 finance ministers’ meeting in Bangkok, citing domestic engagements. Oil has been above $100 for much of eight months and Hormuz shipping is disrupted.
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Bessent Skips Bangkok as Africa Arrives With a Debt Agenda: Who Speaks for Washington, and What Africa Wants From the IMF and World BankTreasury Secretary Scott Bessent is skipping the IMF–World Bank meetings in Bangkok; deputies Francis Brooke and Erin Browne lead the U.S. delegation. The African Union is pushing debt-resolution reform at four side events Oct. 13–16.
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