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Today β€” 4 October 2026Main stream

Rebuked by Bond Market, Bessent Says β€˜House’ Does Not Always Win

4 October 2026 at 18:33
The Treasury secretary said in an interview with Axios that he cannot control the Treasury market but argued that U.S. bond yields would come back down over time.

Β© Doug Mills/The New York Times

Treasury Secretary Scott Bessent struck a more humble tone in the interview with Axios, a marked contrast from September when he asserted he was β€œthe house.”
Before yesterdayMain stream

Trump Struggles to Find Leverage With Xi Over Chinese Exports

24 September 2026 at 17:34
The Trump administration, like its predecessors, has struggled to deal with China’s excess industrial capacity.

Β© Doug Mills/The New York Times

President Trump and China’s leader, Xi Jinping, are meeting this week in Washington.

U.S. and China Discuss System to Warn of A.I. National Security Issues

In a meeting on Sunday, the U.S. Treasury secretary and China’s vice premier talked about having a shared vision on the goals of artificial intelligence and the threats it poses.

Β© Kena Betancur/Agence France-Presse β€” Getty Images

Treasury Secretary Scott Bessent said on Sunday that the alert system would be activated when a matter related to artificial intelligence reaches the national security level.
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