Sri Lanka's National Savings Bank Submits 2025 Annual Report to Treasury Secretary
The National Savings Bank (NSB) of Sri Lanka has handed over its Annual Report for 2025 to the Treasury Secretary.
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The National Savings Bank (NSB) of Sri Lanka has handed over its Annual Report for 2025 to the Treasury Secretary.

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 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.

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 Scott Bessent has reiterated that the United States possesses 'plenty' of funds to finance a potential war with Iran, despite no formal funding request yet from the Trump administration, and promises Americans will not face tax hikes, with reports questioning if the conflict will end soon.

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.
Chinese FM responds US Treasury Secretary Bessent’s claims that US may lift sanctions on Iranian oil already at sea Global Times

Treasury Secretary Scott Bessent broached waiving sanctions on oil already at sea, which would be a stunning reversal of longstanding American policy.
Treasury Secretary Bessant has publicly denied any government intervention in the market, responding to speculation amidst a recent surge in oil prices.
Treasury secretary Scott Bessent says White House is prepared to tolerate the trade to avoid supply shortages

US Treasury Secretary Scott Bessent left a live Sky News interview after being urgently summoned to meet US President Donald Trump at the White House.

Things are getting so tense in the U.S.-Iran conflict, even Treasury Secretary Scott Bessent got yanked mid-interview to speak to President Trump!

US Treasury Secretary Scott Bessent firmly rejected the notion that a war with Iran could become economically unfeasible for the United States, stating "absolutely not" when asked about potential financial limits.

US says its firepower will ‘surge dramatically’ and IDF warns of ‘surprises ahead’, as Iran launches retaliatory strikes Middle East crisis – live updates Israel and the US have bombarded Iran and…

The United States has temporarily allowed India to purchase Russian oil already stranded at sea to ease short‑term global supply pressures amid the ongoing West Asia conflict. U.S.
Kremlin spokesman Dmitry Peskov's comments came hours after U.S. Treasury Secretary Scott Bessent said that Washington has issued a temporary 30-day waiver to allow Indian refiners to purchase Russian oil

Treasury Secretary Scott Bessent gives India a 30-day waiver to buy Russian crude as a "stop gap measure".

‘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...
US Treasury Secretary Bessent indicated on the 4th that the 10% tariff measure currently applied to a wide range of countries, including Japan, could be raised to 15% as early as this week.

US Treasury Secretary Scott Bessent announced that President Donald Trump's recently proposed global 15% tariff will be implemented this week, also predicting an increase in US customs revenue.
The US Treasury Secretary anticipates that American tariffs will return to levels seen before a recent Supreme Court ruling, with changes expected to take effect this week.

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...

Former Treasury Secretary Lawrence Summers steps down as a professor over his relationship with Jeffrey Epstein
Former Treasury Secretary Larry Summers has left Harvard after being cited in Epstein files, while Microsoft founder Bill Gates confirmed relationships with two Russian women.

Former US Treasury Secretary Larry Summers plans to resign from his professorship at Harvard University at the end of the academic year, following his involvement in the Jeffrey Epstein case.
Sources indicate that the US Treasury Secretary initiated a yen-dollar rate check in January, signaling attention to currency movements.

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...

Treasury Secretary Scott Bessent announced that approximately 3 million children have signed up for Trump accounts in an early push.

A Russian tanker carrying crude oil has arrived in Cuba, marking the first delivery in nearly three months despite a US blockade, with Moscow vowing to provide further supplies. Former President Trump stated he has 'no problem' with the Russian oil tanker bringing relief to Cuba.
The Prime Minister of Qatar held meetings with the US Vice President and Treasury Secretary, indicating ongoing diplomatic engagements between the two nations.

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.

Scott Bessent accused NBC's Kristen Welker of "terrible framing" during an exchange about Iranian oil on Sunday, as the host pressed the treasury secretary on why the U.S. lifted sanctions.

The US Treasury Secretary stated the government has funds for a war with Iran but is requesting an additional $200 billion from Congress for future military equipment, ruling out tax increases.

US Treasury Secretary Scott Bessent stated that the Trump administration is "winning this crucial fight at an even faster pace than anticipated" through "Operation Epic Fury," calling Iran the "head of the global terrorism snake."

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.

US Treasury Secretary Scott Bessent, a minister in the Trump administration, commented on 'desertion at all levels' within Iran and suggested that an important Iranian island might become US property.

Trump may need to delay the trip to China due to coordinating the war effort in Iran, says US Treasury Secretary Scott Bessent.

The weekend meeting is the first publicly reported since the start of the Iran war between the Palestinian terrorist group and the board.

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.

In the interview, Scott Bessent said that he would ‘trust’ his child’s life in President Trump’s hands

U.S. Treasury Secretary said “absolutely not” when asked whether there was a price that could cause him to confront President Donald Trump and say the Iran war was no longer affordable

As the Iran-Israel war in the Middle East squeezes global oil supply, the Trump administration hosted Latin American leaders and the US treasury secretary pivoted from a tone of authority to one of partnership - a shift in language.

Congress general secretary in charge of communications, Jairam Ramesh, said U.S. Treasury Secretary Scott Bessent has given the Modi government its certificate for faithfully following President…

US Treasury Secretary Scott Bessent said the administration is exploring the possibility of easing sanctions on Russian oil to boost global supply and prevent shortages.

Treasury Secretary Scott Bessent gives India a 30-day waiver to buy Russian crude as a "stop gap measure".

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
U.S. Treasury Secretary has indicated that President Trump's threatened 15 percent tariff hike is likely to be implemented this week, following a previous 10 percent universal levy imposed last month.

Scott Bessent, tasked by Trump to sever trade ties with Spain, stated that Spain 'acted terribly' and was 'taking advantage' within the NATO framework, putting American lives at risk.
US Treasury Secretary Bessent says oil market well supplied amid Iran war Reuters
Senators Ted Cruz and Tim Scott have called on the Treasury Secretary to approve a $200 billion tax cut on capital gains without requiring congressional approval.

Former Harvard University President Larry Summers will step down from his teaching position at the prestigious U.S. university following revelations of his connections to convicted sex offender Jeffrey Epstein.
Summers, who also resigned from the OpenAI board, will remain on leave until the end of the academic year.

Former US Treasury Secretary Larry Summers stops teaching at Harvard University after revelations about his connections to Jeffrey Epstein.
Treasury Secretary Scott Bessent admitted that Washington helped spark recent protests in Iran by creating a U.S. dollar shortage, leading to runaway inflation.

Treasury Secretary Bessent blames political "venom" after deadly security incident at Trump's Mar-a-Lago estate. Suspect shot, killed by authorities Sunday.
A counselor to the Treasury Secretary, Bessent, commented on experiencing 'very strong disinflationary growth' in the economy.

The US Treasury Department has formally demanded that the Financial Times retract a report concerning Treasury Secretary Scott Bessent's views on increased oversight of the Federal Reserve, labeling the article as 'manufactured'.
Qatar's Prime Minister has met with the US Vice President and Treasury Secretary, engaging in high-level discussions as the US expects the Middle East war to conclude within weeks without ground troops.

US Treasury Secretary Scott Bessent says relaxing restrictions on Russian oil may bring limited additional revenue to Moscow due to lower global prices.
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.

US Treasury Secretary Scott Bessent has reiterated that the United States possesses ample funds to finance the Iran war, even as a $200 billion additional funding request faces stiff opposition in Congress.

Treasury secretary Scott Bessent says move will bring 140m barrels to market but insists Tehran will not benefit

US Treasury Secretary Scott Bessent stated that the US may soon remove sanctions on Iranian oil stranded on tankers, an action he believes will increase oil supply and lower prices, though long-term effects remain uncertain.

US Treasury Secretary Scott Bessent said Thursday that Washington might "unsanction" Iranian oil that is already being shipped, as energy prices soar due to the war in the Middle East. The post…
Trump-Xi meeting could be delayed, White House says The Straits Times

A 15-year-old girl was killed and her parents severely injured in a Russian attack on a village near Chernihiv, Ukraine, which also damaged two residential buildings.

US Treasury Secretary Scott Besed abruptly left a live interview after being informed that Donald Trump wanted to see him 'immediately.' Besed was speaking during a live broadcast when he received the urgent summons.

Indian source says Iran to allow India-flagged tankers to pass through Strait of Hormuz Daily Mirror - Sri Lanka

US Treasury Secretary Scott Besed stated that no price would make the war with Iran economically unfeasible, in response to a question from Sky News.
Congress criticizes the Modi government, calling Prime Minister Modi's actions "cowardly" after the US Treasury Secretary praised India for agreeing to halt Russian oil imports.


India received temporary relief in energy supply on Friday after US Treasury Secretary Scott Besent announced a 30-day exemption allowing Indian refineries to purchase...
US Treasury Secretary Scott Bessent said the waiver is intended to ensure oil continues flowing into global markets amid the ongoing Iran war.
US Treasury Secretary Scott Bessent indicated that President Trump's plan to raise universal tariffs to 15% could be implemented this week, with authorities aiming to reinstate previous tariffs within five months.

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...

Treasury Secretary Scott Bessent predicted that overall tariff rates, which fell after a Supreme Court ruling last month, would be back to previous levels within five months.

Treasury Secretary Bessent announced that the U.S. will make a series of announcements aimed at supporting oil trade in the Gulf region.

The UK Treasury Secretary and Swedish Finance Minister co-authored an article urging people not to believe Russian propaganda about its economy, asserting that it is not as strong as portrayed.

Larry Summers, former US Treasury Secretary and Harvard President, announced his retirement from teaching at the end of the academic year due to controversies surrounding his correspondence with Jeffrey Epstein.

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.

The former US Treasury Secretary has resigned from his position at Harvard following connections to Jeffrey Epstein.
Treasury Secretary Scott Bessent admitted that US sanctions contributed to a dollar shortage and inflation in Iran, leading to recent protests.
Treasury Secretary Bessent has provided a candid assessment of the current economic outlook, sharing a blunt forecast on the state of the economy.