Refocus and Reform: Bessent Blasts IMF ‘Mission Creep’ and Defends Billionaire Tax Cuts

U.S. Treasury Secretary Scott Bessent issued a sweeping call on Wednesday for the International Monetary Fund (IMF) and the World Bank to return to their original missions of global monetary stability and economic development. Resources for this report: Treasury Secretary Scott Bessent Remarks before the Institute of International Finance Speaking during the spring meetings of

White House Denies Reports Trump Considering Cutting China Tariffs

‘When decisions on tariffs are made, they will come directly from the president. Anything else is just pure speculation,’ an official said. WASHINGTON—The White House responded to a report that President Donald Trump is considering a significant reduction in tariffs on Chinese imports to de-escalate the trade war, calling it “pure speculation.” “President Trump has

White House Denies Reports Trump Considering Cutting China Tariffs Unilaterally

‘When decisions on tariffs are made, they will come directly from the president. Anything else is just pure speculation,’ an official said. WASHINGTON—Treasury Secretary Scott Bessent said on April 23 that President Donald Trump hasn’t proposed reducing U.S. tariffs on Chinese imports on a unilateral basis, responding to recent speculation that the president is seeking

U.S. citizen DHS held 10 days has intellectual disabilities, family says

A 19-year-old U.S. citizen arrested by Customs and Border Protection agents earlier this month in Arizona and briefly prosecuted for illegal entry into the U.S. has intellectual disabilities, his family told CBS News. Jose Hermosillo was arrested on April 8 by CBP in Tucson and detained for 10 days. His family provided documentation proving his