US treasury secretary warns oil and gas companies to lower prices: ‘we’re watching’

Scott Bessent says he ‘encourages them to be good actors’ after Trump ranted about prices not dropping fast enough Scott Bessent, the US treasury secretary, issued a veiled warning to oil and gas companies to lower their prices on Tuesday, a day after Donald Trump berated those retailers on social media for not dropping their prices fast enough and demanded they target $2.50 a gallon. “I would encourage them to be good actors, especially in the 250th anniversary, because we’re watching,” Bess...

By Gaya Gupta in Washington