Scott Bessent: “If China wants to be an unreliable partner to the world, then the world will have to decouple.”

We do not ask bankers to assume the burdens of border enforcement, but we depend on banks to do what you do best: know your customers, identify risks as they arise, and report suspicious patterns before they metastasize into criminal…

We are giving everyone the opportunity to remedy bad behavior," Bessent said.

I think there is a chance we may have a deal today or tomorrow to open the Strait and move towards a more normalized position in this conflict.

I don’t think you can be in a tit-for-tat with someone who’s 13 times larger than you are.