South Africa urged G20 countries to show global and cooperative leadership to tackle challenges including rising trade barriers, as the club's finance chiefs met on Thursday under the shadow of President Donald Trump's tariff threats.

Treasury Secretary Scott Bessent told a room full of billionaires in Sun Valley that President Donald Trump shares a personality trait with his former boss, the famously liberal financier George Soros: Both are impatient when working on high-stakes deals.

President Donald Trump says “anybody” but Federal Reserve Chair Jerome Powell should head the central bank. Could that even include Treasury Secretary Scott Bessett — and would he be able to wear both hats?

T reasury Secretary Scott Bessent criticized Elon Musk 's new political party, saying the world's wealthiest man wasn't a popular part of the Trump administration. Asked about Musk's move, Bessent told CNN's Dana Bash that the ideas behind the administration's Department of Government Efficiency effort, also known as DOGE, were "very popular."

Treasury Secretary Scott Bessent drew a provocative comparison between his current boss, Trump and his former mentor, the Hungarian-born Soros.

During his remarks in a Senate hearing in June, Senator Peter Welch clashed with Scott Bessent over the Trump Administration's reckless use of tariffs, which he labeled "pretty painful."

Mr Bessent is set to visit the World Expo in Osaka on July 19. Read more at straitstimes.com. Read more at straitstimes.com.