In an effort to reduce Russian energy revenues being used to fund the war against Ukraine, on January 10, 2025, the United States Department of the Treasury's Office of Foreign Assets Control (OFAC), ...

Scott Bessent said passing new tax legislation is a huge economic concern for the country, including for working- and middle-class families.

President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the ...

Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is ...

For Moscow, Iranian President Masoud Pezeshkian's visit to Russia on Jan. 17 is a diplomatic victory. The trip's centerpiece ...

Under questioning from Sen. Mark Warner, Democrat of Virginia, Bessent said he would support toughening the sanctions regime on Russia in an effort to bring the war in Ukraine to an end. If ...

The latest US sanctions on oil tankers used to haul Russian petroleum look set to cause severe disruption across the nation’s ...

In the run-up to his departure from the White House, President Joe Biden has slapped a number of major new sanctions on ...

In December, Russia reportedly sold its stakes in certain Kazakh uranium deposits to Chinese-owned companies. This involved Kazakhstan's nuclear resources company, Kazatomprom, and Russia's Rosatom ...

President-elect Donald Trump's pick for Treasury Secretary, Scott Bessent, said he "100%" supports raising sanctions on ...

A well-supplied global oil market limits the potential for price shocks resulting from stronger sanctions on Russian oil ...

On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia’s energy revenues, including on 183 vessels, largely ...