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Trump Extends Iran Strike Pause, Delays Attacks Amid Peace Efforts and Strategic Analysis
WorldReutersBBCbloomberg+58NYTwsjFTAl Jazeeranrktimes-ukyle-uutisetcnbc+50 more12d ago61 sources

Trump Extends Iran Strike Pause, Delays Attacks Amid Peace Efforts and Strategic Analysis

The US president has extended a deadline for Iran to open the Strait of Hormuz and paused energy strikes for 10 days, with Trump stating talks are 'going very well' as US Vice President J.D. Vance takes a forefront role in US efforts to broker Iran peace; analysis suggests Trump's 'mysterious peace negotiations' do not promise a quick end to the war, and experts explain his strategy of playing for time with new ultimatums and troop deployments.

US Officials Defend Iran Strategy; Ted Cruz Urged Pre-War Strike
WorldTimes of Indiahindustan-timesindian-express+1klix-ba16d ago4 sources

US Officials Defend Iran Strategy; Ted Cruz Urged Pre-War Strike

US Treasury Secretary Scott Bessent has defended the strategy of 'escalating to de-escalate' against Iran, stating that obliterating its power plants is the 'only language' the regime understands. Senator Ted Cruz reportedly urged Donald Trump to launch an Iran strike the day before the war.

Trump's Comments on Mueller's Death Draw Response from Bessent
Politicsindex-hrYahoo17d ago2 sources

Trump's Comments on Mueller's Death Draw Response from Bessent

Donald Trump controversially stated he was glad about the death of former FBI chief Robert Mueller, a remark notably omitted from Fox News's coverage. Treasury Secretary Scott Bessent has since responded to Trump's post regarding Mueller's death.

US Treasury Secretary Discusses Iran War Funding
Worldhindustan-times17d ago

US Treasury Secretary Discusses Iran War Funding

US Treasury Secretary Scott Bessent stated that the US has "plenty" of funds for the Iran war but is seeking more from Congress, while dismissing questions about possible tax increases.

US grants waiver to allow India to buy Russian oil amid Iran war
BusinessThe Guardianberlingskerzeczpospolita+4hindustan-timesindian-expressnaftemporikichannel-news-asia1mo ago7 sources

US grants waiver to allow India to buy Russian oil amid Iran war

‘Stopgap measure’ designed to keep oil flowing into global market as Middle East crisis disrupts crude shipments The US treasury issued a 30-day waiver on Thursday allowing India to buy Russian oil currently stuck at sea. “To enable oil to keep flowing into the global market, the treasury department is issuing a temporary 30-day waiver to allow Indian refiners to purchase Russian oil,” treasury secretary Scott Bessent said in a statement posted to social media. Continue reading...

Senators Ask Treasury To Unilaterally Index Capital Gains, Bypassing Congress
Politicszerohedge1mo ago

Senators Ask Treasury To Unilaterally Index Capital Gains, Bypassing Congress

Senators Ask Treasury To Unilaterally Index Capital Gains, Bypassing Congress Senators Ted Cruz and Tim Scott are asking Treasury Secretary Scott Bessent to unilaterally implement a major capital gains tax cut -- by letting taxpayers adjust their cost basis to account for the effects of inflation. In a letter they intended to send on Tuesday, the pair will argue that it's within Bessent's authority to make such a move, without the need for legislation, “Using your executive auth...

US tariff policy ‘hasn’t changed’ despite supreme court ruling, trade chief says
PoliticsThe GuardianYahooseeking-alpha1mo ago3 sources

US tariff policy ‘hasn’t changed’ despite supreme court ruling, trade chief says

Jamieson Greer also said US won’t pull out of deals with UK, EU and others after court declared Trump tariffs illegal Top US trade negotiator Jamieson Greer insisted on Sunday that US policy on tariffs “hasn’t changed”, two days after the supreme court declared many of Donald Trump’s tariffs illegal. The ruling issued on Friday by the highest US court was a sharp rebuke to the Republican president that toppled a key pillar of his aggressive economic agenda – even as it prompted Trump to annou...

US Informs Israel of Potential Kharg Island Invasion as Deployment Considered
PoliticsReutersbloombergSCMP+12morgunbladiddelfi-ltdigi24index-hrTimes of Indiahindustan-timesjerusalem-postKorea Herald+4 more16d ago15 sources

US Informs Israel of Potential Kharg Island Invasion as Deployment Considered

The US has reportedly informed Israel of a potential ground military operation to seize Iran's Kharg Island, while Treasury Secretary Scott Bessent previously indicated that military deployment to the island is a possibility as the US considers escalating attacks in the Iran War.

Oil Prices Fall as US Considers Easing Iran Sanctions, Bessent Confirms Plan
BusinessNYTcnbcle-figaro+6el-mundostraits-timesnaftemporikindtvchannel-news-asiaPremium Times20d ago9 sources

Oil Prices Fall as US Considers Easing Iran Sanctions, Bessent Confirms Plan

The US is reportedly considering easing sanctions on Iranian oil to help stabilize global prices, with Treasury Secretary Scott Bessent stating that removing sanctions would lower prices. Oil prices have already begun to fall following Bessent's confirmation that the US may soon lift sanctions on Iranian crude stored aboard tankers.

Venezuela and Colombia Cancel Presidents' Meeting Citing 'Force Majeure'
PoliticsNYTThe GuardianSCMP+14vgdigi24index-hrYahooTimes of Indiahindustan-timesstraits-timesjerusalem-post+6 more26d ago17 sources

Venezuela and Colombia Cancel Presidents' Meeting Citing 'Force Majeure'

A planned bilateral meeting between Colombia and Venezuela was abruptly called off, with both nations citing 'force majeure'. This cancellation followed a phone conversation between Colombian President Gustavo Petro and US President Donald Trump, and also affected the Venezuelan leader's first foreign trip.

Bessent says new global tariff will likely increase to 15% from 10% 'sometime this week'
BusinessKorea Herald1mo ago

Bessent says new global tariff will likely increase to 15% from 10% 'sometime this week'

US Treasury Secretary Scott Bessent said Wednesday that a new US global tariff will likely rise to 15 percent from 10 percent "sometime this week," as President Donald Trump's administration is working to replace its emergency tariffs that the Supreme Court recently struck down. Bessent made the remarks in a CNBC interview, as Trump has said his administration will raise the temporary tariff amid efforts to maintain his trade policy following last month's court ruling against his use of the Inte

US-Israel Alliance in Iran Conflict Faces Scrutiny as Officials Defend Strategy
Worldluxemburger-wortjerusalem-postklix-ba17d ago3 sources

US-Israel Alliance in Iran Conflict Faces Scrutiny as Officials Defend Strategy

The US-Israel alliance in the Iran conflict continues to face scrutiny, with a former US counterterror chief discussing Israel's influence and the US Treasury Secretary defending attacks on Iranian infrastructure, stating that escalation is sometimes necessary for de-escalation.

Trump’s 15% global tariffs likely to start this week, US Treasury chief says
BusinessberlingskeSCMPdie-presse1mo ago3 sources

Trump’s 15% global tariffs likely to start this week, US Treasury chief says

US Treasury Secretary Scott Bessent said that President Donald Trump’s plan to increase a broad 10 per cent tariff rate to 15 per cent is likely to be implemented this week. “That’s likely sometime this week,” Bessent said on Wednesday on CNBC in response to a question about when the increase to 15 per cent would be made. Bessent’s comments offer the clearest indication yet regarding when the US will follow through on Trump’s pledge to raise tariffs. The president last month imposed a 10 per...

Former Finance Minister Larry Summers Resigns Over Epstein Files
PoliticsAl Jazeeratvn24delo+1Yahoo1mo ago4 sources

Former Finance Minister Larry Summers Resigns Over Epstein Files

Larry Summers, former US Treasury Secretary and top economic advisor to Barack Obama, announced his difficult decision to retire from Harvard University at the end of the academic year, following the revelation of his connections to Jeffrey Epstein.