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- 1Bessent warns Iran's economy near collapse within two weeks▼Iran’s economy will have ‘nothing’ left ‘within two weeks,’ Scott Bessent warns
US Treasury Secretary Scott Bessent has warned that Iran's economy will have 'nothing' left 'within two weeks,' a stark prediction about the state of the country's finances. The remark, reported by the New York Post, signals intense pressure on Tehran and is drawing attention to how long Iran can sustain its economy under current strain.
- 2Bessent: AI productivity gains give Fed room to ease rates▼Bessent tells the Fed AI productivity gains mean it can ease up on rate hikes
Treasury Secretary Scott Bessent has argued that productivity gains driven by artificial intelligence mean the Federal Reserve can ease up on further interest rate hikes. His message suggests AI-fueled efficiency growth is helping contain inflationary pressure, giving policymakers more room to loosen monetary policy without reigniting price increases.
- 3Bessent forecasts economic acceleration as GDP estimates hit 5%●Bessent forecasts economic acceleration as GDP growth estimates hit 5%
Treasury Secretary Scott Bessent says the US economy is set to accelerate, pointing to estimates that gross domestic product growth could reach 5%. The forecast, aired on Fox Business, frames the strong projections as a sign of building economic momentum. Comment is focused on whether such rapid growth figures are realistic and what they would mean for inflation, interest rates and the broader economic outlook.
- 4Nvidia's Huang calls AI distillation 'competition', split with Bessent●Jensen Huang says AI distillation is 'competition.' Scott Bessent has called it 'theft'
Nvidia CEO Jensen Huang says AI distillation — the practice of training smaller models on the outputs of larger ones — is normal competition. Treasury Secretary Scott Bessent has previously described the same practice as 'theft', echoing claims that companies like DeepSeek built models using American AI outputs without authorisation. The exchange highlights a divide over whether model distillation is legitimate industry practice or misappropriation of US technology.
- 5Bessent says Iran's economy will have 'nothing' in two weeks▼Bessent: Iran Economy Will Have 'Nothing' in 2 Weeks
US Treasury Secretary Scott Bessent said Iran's economy will have 'nothing' within two weeks, an escalatory remark tied to American pressure on Tehran. The comment is drawing attention for its stark timeline and what it signals about Washington's stance on sanctions and the standoff with Iran.
- 6Bessent urges Fed to keep an open mind on rates over AI productivity▼Bessent urges Fed to keep an open mind on rates, citing AI productivity
US Treasury Secretary Scott Bessent has called on the Federal Reserve to keep an open mind when setting interest rates, arguing that productivity gains from artificial intelligence could change the economic outlook. He suggested AI-driven efficiency may affect inflation and growth dynamics, adding to the debate over how quickly the central bank should ease policy.
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US Treasury Secretary Scott Bessent has offered a prediction for when Iran's economy will collapse, commenting publicly on the state of the country's finances. The remarks come amid ongoing pressure on Iran's economy from sanctions and regional tensions. Further details of his reasoning and the timeline he gave were not included in the available coverage.
- 8Treasury Secretary Bessent hires economist David Zervos●Treasury Secretary Scott Bessent hires Wall Street economist David Zervos
US Treasury Secretary Scott Bessent has hired Wall Street economist David Zervos to join the department. Zervos, chief market strategist at Jefferies and a former Federal Reserve and White House staffer, brings market-facing expertise into the Treasury's senior team as the administration's economic policies draw close scrutiny from investors.
- 9Energy Storage Europe urges cybersecurity overhaul as battery storage deployment accelerates▼Urgent need for cybersecurity overhaul as BESS deployment accelerates, Energy Storage Europe says
Energy Storage Europe says the rapid rollout of battery energy storage systems (BESS) is outpacing existing cybersecurity protections and calls for an urgent overhaul of security standards across the sector. The industry body warns that as grid-scale storage becomes a bigger part of energy infrastructure, it presents an increasing attack surface that current rules and practices do not adequately cover. The call adds to broader debate in Europe about securing critical energy assets amid rising digital threats.
- 10Bessent Urges Fed to Keep 'Open Mind' on Rates●Bessent: Fed Should Keep 'Open Mind' on Rates as Economy Accelerates
Treasury Secretary Scott Bessent said the Federal Reserve should maintain an 'open mind' on interest rates as the US economy accelerates. His comments signal the administration's push for looser monetary policy, putting pressure on the Fed as it weighs whether to continue cutting rates amid stronger-than-expected growth data.
- 11Bessent predicts Iran's economy will collapse within two weeks●Sec. Bessent predicts Iran's economy will collapse "probably within the next 2 weeks." "They're going to make their fina
US Treasury Secretary Scott Bessent said Iran's economy will collapse "probably within the next 2 weeks," claiming Tehran will make its final oil deliveries to China and then have "NOTHING." He argued Iran is growing desperate for a nuclear deal as sanctions squeeze its oil exports, framing economic collapse as leverage pushing Tehran toward negotiations with Washington.
- 12Markets Turn Against Treasury Secretary Bessent●"What a day for # Bessent .🚨Everything is moving against him. - Yen down - Oil up - US yields up - Japanese yields up Th
Commentators are pointing to a rough day for US Treasury Secretary Scott Bessent, with the yen falling, oil prices rising, and both US and Japanese government bond yields climbing. The moves are being read as signs that inflation pressures in the United States and Japan are worsening, adding upward pressure on US borrowing costs. Some observers warn the US is already heading toward a debt crisis, with tensions around Iran adding to market anxiety.
- 13Bessent Says US Will Scrutinize Open Source AI Models for IP Theft▼Bessent Says Trump Administration Will Scrutinize Open Source AI Models For IP Theft Amid Kimi K3 Buzz — ‘We Have The Ability To Sanction Them’
Treasury Secretary Scott Bessent said the Trump administration will scrutinize open source AI models for intellectual property theft, warning that Washington has the ability to impose sanctions. The remarks come amid growing buzz around Kimi K3, an open source model from China's Moonshot AI, intensifying debate over whether freely released foreign AI models pose a risk to American technology firms and innovation.
- 14Bessent Urges Fed to Keep Open Mind on Inflation●Bessent Urges Fed to Keep ‘Open Mind’ on U.S. Inflation Outlook
Treasury Secretary Scott Bessent has called on the Federal Reserve to keep an open mind about the outlook for U.S. inflation, pushing back against a fixed view of where price pressures are heading. The remarks put fresh attention on the central bank's next rate decisions and on the administration's pressure campaign over monetary policy, with markets watching for any sign the Fed will shift its stance.
- 15Warsh Gains Ground as Bessent's Fed Pick Takes a Hit▼Warsh’s Credibility Boost Is Bessent’s Comeuppance
Commentators say Kevin Warsh, a leading candidate to chair the Federal Reserve, has seen a credibility boost, while Treasury Secretary Scott Bessent faces comeuppance over his role in shaping the race. The framing suggests Bessent's preferred outcome or strategy in the Fed chair selection process has backfired, and Warsh's standing among investors and policymakers has strengthened as a result.