“We will extend what we call the 'Busan Agreement' — the economic détente between the two countries that was scheduled to end on Nov. 10 — that is going to be extended until Jan. 10. … There are some deliverables that have not been perfect on the Chinese side, so we also want to see, now that we've sat down and told them our expectations, if over the coming months they can be more fulsome in enacting the agreement.
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SB
Secretary of the Treasury • South Carolina
Secretary of the Treasury since January 2025. Founder of Key Square Group.
Statements (34)
“We're examining that, whether it's feasible in terms of overall refining capacity [and whether a full or partial ban would work].
“That is in process right now. I'm not ready to discuss it at present, but at Treasury, we've been working on it for quite a while. … I think putting more money in the American people's pocket should be an objective for everyone, and I believe there are ways to do it that would not affect the deficit. … If it becomes clear that we need congressional authority, I will meet with [House Speaker Mike Johnson], and I look forward to it.
“President Trump has turned this country around once before, and he's doing it again.
“As it turns out, Washington wasn't incapable of working for the American people. All we needed was a new president.
“I had a German shepherd and there was a dachshund that used to antagonize her at the playground, and it kind of reminds me of that. This little yippy dog used to bark away, and for a long time, a 110-pound German shepherd was ignoring the dachshund and then one day she had enough. They were given the opportunity for a great trade deal and they didn't want it.
“Negligible. I would like someone to show me the statistical significance of the Canadian tariffs on U.S. prices. I'm happy to debate them.
“We are going through an energy shock right now due to both the war in Ukraine — because, you know, Ukraine has decided that they want to blow up Russian energy assets and refined products, so that is creating upward price pressure on a global basis — and then the conflict in Iran.
“Schools rebranding race-based preferences as equitable, inclusive, or diversity-enhancing does not change their discriminatory nature.
“Under President Trump, this Administration is standing up for America's students by ensuring racial discrimination has no place in American education.
“We are burying the head of the Iranian snake. The snake doesn’t know it’s dead yet — but it will stop wiggling when the sun goes down. After 47 years — it is over.
“We know who you are. You know who you are, and we are probably going to announce a bank sanction this week, and we will announce one the week after.
“There was a branch of an Egyptian bank in Dubai that had funneled more than $1.8 billion to the regime, and we used a Patriot Act authority that we had not used before, and we are shutting them down.
“We are going to economically asphyxiate this regime.
“I would think that they are lashing out kinetically because they are losing economically.
“Nothing is possible until the war is over.
“We're starting with the banks, and we're telling the banks it's not OK to have Iranian money and to aid the regime.
“You're going to see a lot more of these every week.
“There can be no leakage. You're either with us or you're with the Iranians.
“Treasury promised to sever every economic lifeline Tehran has left. The USA has guided 130 million barrels out over the past 14 days.
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