Home/United States/Topic · Senate hearing: Bessent defends Iran, Russia policyID T-04837

United States6d ago

Senate hearing: Bessent defends Iran, Russia policy

Treasury Secretary Scott Bessent claimed ignorance of massive UAE investments made just before Trump's 2025 inauguration during a Senate hearing.

Sources

3 verified

Location

Washington D.C.

Updated

Wednesday, 22 April 2026 at 21:52 UTC

0:00

Video

Synthesis · 3 sources

During a Senate hearing, Treasury Secretary Scott Bessent was grilled over massive investments from the United Arab Emirates (UAE) linked to the Trump orbit just before the president's 2025 inauguration. When asked if he disputed a $500 million investment by the UAE, Bessent replied, 'I’m unaware of that.' He also claimed to be unaware of a separate $2 billion transaction. The questioning highlights ongoing scrutiny of foreign financial entanglements with figures close to the administration.

Updates · 2

6d ago@clashreport

Bessent has revealed that many Gulf and Asian allies have requested currency swap lines from the United States, stating it would benefit both the UAE and the U.S.

6d ago@clashreport

New details reveal the specific sums in question: a $500 million UAE investment and a separate $2 billion transaction, both made just before Trump's 2025 inauguration.

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e/eineurope · topic · T-04837cycle Wednesday, 22 April 2026 at 21:52 UTC · first reported 6d ago