US treasury chief Bessent backs using US financial power as foreign policy tool

Bessent backs US financial power as foreign policy tool

Scott Bessent’s comments marked an open acknowledgement of the US' willingness to use its financial power to influence foreign countries’ politics and economies.

US treasury chief Bessent backs using US financial power as foreign policy tool

By Kanishka Singh WASHINGTON, Sept 8 (Reuters) - U.S. Treasury Secretary Scott Bessent advocated on Tuesday for Washington's use of financial power as a foreign policy tool with the goal of advancing the ​interests of American allies, including in fina...