Treasury Secretary Scott Bessent sidestepped a number of questions on the reported memorandum of understanding reached between U.S. and Iranian negotiators during his turn taking over the White House press briefing on Thursday. When asked about the agreement, Bessent told reporters that it was “a mistake to get out ahead of the president” on the…
Treasury Secretary Scott Bessent revealed Thursday that 6 million American children are enrolled in the about-to-launch "Trump Accounts" while brushing off what he called "short-term challenges" to the economy.
During a White House press briefing, Treasury Secretary Scott Bessent discusses how the Treasury is preparing for legislation that would allow Donald Trump's face to appear on the $250 bill, pending congressional approval.
On this episode of Bloomberg Businessweek Daily, Alexis Christoforous and Matt Miller speak with Jordan Fabian on the latest from Washington DC ahead of Treasury Secretary Scott Bessent's press briefing. They also spoke with Bloomberg News US Treasury Reporter, Dan Flatley on the latest developments from the briefing. (Source: Bloomberg)
Trump threatened to blow up Oman and said Gulf states “owe” it to the US to normalize relations with Israel.
Negotiators representing the U.S. and Iran have reached a tentative agreement about the ceasefire, according to various news outlets.If signed by President Donald Trump and the Iranian regime, the ceasefire would extend for another 60 days. Trump has not yet signed off on the memorandum of understanding, according to an official who wanted to remain anonymous.'President Trump is not going to make a bad deal for the American people, for the US.'"This is an agreement to get everybody to the table," the official told Axios. "We will work out the details in the negotiations."If both sides agree to the ceasefire, it would lead to the Strait of Hormuz being opened to trade again and possibly lowering gas prices across the globe. Other policies to be decided include billions of dollars of frozen assets that Iran would like to regain and restrictions on its ability to refine uranium for military nuclear capabilities.The president had lambasted previous offers from the regime and at one point called its proposals "garbage" and "unacceptable."RELATED: Trump offers unique insight into Iran's 'strange' negotiations: 'It won't be pretty!' When Treasury Secretary Scott Bessent was asked about the deal on Thursday, he would not answer directly."Everything depends on what the president wants to do, and President Trump is not going to make a bad deal for the American people, for the U.S.," he said.This is a developing story. Like Blaze News? Bypass the censors, sign up for our newsletters, and get stories like this direct to your inbox. Sign up here!
Oil pared gains on a report that the US and Iran have reached a preliminary agreement to extend the ceasefire between the two countries and launch negotiations on the Islamic Republic’s nuclear program. The memorandum of understanding would extend the truce by 60 days and states that shipping through the vital Strait of Hormuz would be “unrestricted,” without any tolls paid to Iran, but the potential pact still requires President Trump’s approval, Axios reported. Trump wants several days to mull over the deal, according to the report. An agreement to extend the truce would represent a diplomatic breakthrough and potentially bring the US and Iran closer to reopening normal maritime traffic through the strait, which usually carries around a fifth of the world’s oil and liquefied natural gas supply. For more, we speak with Mike McGlone, Senior Commodity Strategist for Bloomberg Intelligence. (Source: Bloomberg)
A reported breakthrough in negotiations. The post NOW: US and Iran Reportedly Reach Agreement on 60-Day Ceasefire Extension Pending Trump’s Approval appeared first on The Gateway Pundit.
Trump repeatedly has said the end of the war is close, but not there yet