At G20 Summit, Scott Bessent Says U.S. Has Support for Economic War Against Iran
The Treasury secretary is also facing pushback on the Trump administration’s trade policies at the global gathering.
The Treasury secretary is also facing pushback on the Trump administration’s trade policies at the global gathering.
The Treasury Department accused Banque Misr’s branches in the United Arab Emirates of helping Iran. The Emirati central bank promised an examination.
The 2026 revisions by the Bureau of Labor Statistics represent a downward adjustment of just 0.1 percent of the total work force.
Fewer audit and disclosure requirements could reduce costs, but experts say they could also help disguise fraud or financial stress.
A federal investigation and conflict over Israel are preoccupying the United Auto Workers president ahead of a vote that would give him a second term.
Higher revenue and employee limits for small businesses that get federal contracts and loans could disadvantage the smallest companies, their owners say.
The Personal Consumption Expenditure index, the Federal Reserve’s preferred inflation tracker, held steady in July.
President Trump vowed to increase tariffs on cars, trucks, auto parts and steel to 50 percent starting Jan. 1, as the countries edged toward a full-blown trade war.
President Trump has threatened economic penalties on countries that do business with Iran as he seeks to add pressure on Tehran to negotiate an end to the war.
In an interview, Jamieson Greer, President Trump’s trade representative, laid out details of what the United States offered to Canada before talks crumbled.