Tag: scott bessent

scott bessent

Latest News

Korea, U.S. finance chiefs reaffirm bilateral economic cooperation

Finance Minister Lee Hyoung-il and U.S. Treasury Secretary Scott Bessent discussed shared priorities and stronger economic cooperation in their first call.

2026.10.14

Kennedy and Bessent's impossible 'twist' mission (KOR)

A look at why Washington’s bid to support growth, manage yields and defend the dollar may repeat an old policy trap.

2026.9.17

Kennedy and Bessent's impossible 'twist' mission

A look at why Washington’s bid to support growth, manage yields and defend the dollar may repeat an old policy trap.

2026.9.16

Finance minister calls off departure for G20 meeting after successor is named, then reverses course

The reasoning appears to be that the international schedule should continue as scheduled, with Koo Yun-cheol attending as the sitting deputy prime minister until his successor is sworn in.

2026.8.30

Seoul weighs exposure as U.S. broadens Iran sanctions regime

Direct exposure appears to be limited, but Seoul remains on alert for third-country transactions that may affect local companies.

2026.8.25

Bessent urges U.S. allies to join economic pressure campaign on Iran

The U.S. Treasury secretary says Washington will pursue unprecedented sanctions enforcement against those doing business with Iran.

2026.8.21

Bessent cites won's volatility while stressing importance of yen's stability

U.S. Treasury Secretary Scott Bessent's remarks seem to reflect U.S. concerns that the won's volatility could complicate Korea's efforts to execute its $350 billion investment commitment.

2026.8.5

Bessent says U.S., Iran could reach deal this week to reopen Hormuz

U.S. Treasury Secretary Scott Bessent also noted that if hundreds of stranded ships could exit the Persian Gulf, oil prices should fall further.

2026.8.5

U.S. Treasury Secretary confirms Washington's support for Japanese yen

Treasury Secretary Scott Bessent said Washington joined coordinated action to support the yen and stands ready to intervene again if needed.

2026.8.3

President Lee Jae Myung, right, and U.S. Treasury Secretary Scott Bessent meet at the Blue House in Jongno District, central Seoul, on May 13. [JOINT PRESS CORPS]

Lee raises currency swap during Bessent visit as Korea readies for investment, seeks won stabilization

President Lee Jae Myung raised the need for a bilateral currency swap arrangement with the United States during his meeting with Treasury Secretary Scott Bessent at the Blue House on Wednesday.

2026.5.13

Tag: scott bessent

scott bessent

Latest News

Korea, U.S. finance chiefs reaffirm bilateral economic cooperation

Kennedy and Bessent's impossible 'twist' mission (KOR)

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