Washington, May 29 (IANS) The Trump administration has ruled out the creation of a US central bank digital currency (CBDC), with Treasury Secretary Scott Bessent arguing that government-issued digital money could become a tool for tracking financial activity and threatening personal freedoms.
Washington, May 29 (IANS) Second Lady Usha Vance visited the US Olympic & Paralympic Training Center in Colorado Springs to promote childhood literacy, using a stop at one of Team USA's premier training facilities to encourage children to read during the summer break.
Washington, May 29 (IANS) US Treasury Secretary Scott Bessent defended the Trump administration's record on Russia sanctions, arguing that it has imposed tougher measures on Moscow's oil sector than any previous US government despite continuing criticism over Washington's approach to the war in Ukraine.
Washington, May 29 (IANS) US Vice President JD Vance warned that while artificial intelligence will transform warfare, decisions involving life and death must remain in human hands, telling graduating officers at the US Air Force Academy that America must never surrender moral judgment to machines.
Washington, May 29 (IANS) The Trump administration claimed that its campaign of military and economic pressure has succeeded in bringing Iran to the negotiating table on its nuclear programme, with Treasury Secretary Scott Bessent arguing that Tehran is now discussing issues that previous US administrations could not get it to address.
Washington, May 29 (IANS) Treasury Secretary Scott Bessent declared the United States the world's leading artificial intelligence power, arguing that China remains significantly behind as Washington seeks to maintain its technological edge in one of the most consequential strategic competitions of the century.
Washington, May 29 (IANS) Nearly 2,000 vessels are waiting to leave the Gulf amid disruptions linked to tensions around the Strait of Hormuz, US Treasury Secretary Scott Bessent said.
Washington, May 29 (IANS) US Treasury Secretary Scott Bessent expressed confidence that global oil prices could decline rapidly once shipping disruptions in the Gulf ease, arguing that energy markets remain well supplied despite tensions surrounding the Strait of Hormuz.
Washington, May 29 (IANS) The Trump administration has laid down three non-negotiable conditions for any agreement with Iran, Treasury Secretary Scott Bessent said, insisting that Tehran must surrender its highly enriched uranium, abandon any pursuit of a nuclear weapon and restore free navigation through the Strait of Hormuz.
Washington, May 29 (IANS) US Treasury Secretary Scott Bessent said that President Donald Trump would not accept a "bad deal" with Iran, insisting that any agreement must address Tehran's nuclear programme and guarantee open shipping lanes through the Strait of Hormuz.
