Economic Policy reporter at The New York Times. Formerly @FT; @MarjorieDeane alum @TheEconomist @LSEECHist. [email protected]. 🔁/❤️ ≠ endorsement
Washington DC
Joined April 2008
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Alan Rappeport retweeted
JUST POSTED: The U.S. Called It Putin’s ‘Slush Fund.’
Now Trump May Drop Sanctions on It.
The move would be the latest U.S. concession to Moscow as President Trump pursues economic incentives he hopes will secure an end to war in Ukraine.
A NYT exclusive by Anton Troianovski
nytimes.com/2026/10/27/us/po…
Alan Rappeport retweeted
NEW: @arappeport & I spoke with Iowa farmers and cattle ranchers on the state's economic woes and their impact on the state's elections for Gov, House & Senate.
“I feel like we’ve been betrayed,” one Trump-voter-turned-Turek-supporter told me.
nytimes.com/2026/10/22/us/po…
Reliably Red Iowa in Play as Economic Woes Mount w/ @baylisswagner nytimes.com/2026/10/22/us/po… via @NYTimes
Bessent dismisses speculation about his own political aspirations, saying that if he were to seek national office he would have gone for the open South Carolina senate seat.
"I am here for the duration, and then like Thomas Jefferson, I'm going home," he told @MarkHalperin
After Trump on Saturday said waiving Russia sanctions was a “very good decision” for the US and the world, Bessent cleaned up his messaging on Meet the Press:
“There is a 60-day period so we can examine what's going on. The only thing that has been lifted is the diesel embargo.”
Trump Offers Putin Economic Relief in Hopes That Russia Will Return the Favor nytimes.com/2026/10/17/busin… via @NYTimes
At his confirmation hearing, @SecScottBessent said Biden's Russia sanctions weren't "fulsome" enough and that he supported tougher sanctions to pressure Moscow:
"I believe that the previous administration was worried about raising U.S. energy prices during an election season.”
Trump Signs Order Exempting Russia From Sanctions Law nytimes.com/2026/10/16/us/po…
U.S. Budget Deficit Nears $2 Trillion, a Reality Check for Trump’s Cost Cutting nytimes.com/2026/10/16/busin…
Alan Rappeport retweeted
“At President Trump’s direction…” suggests reservations. Not a usual Treasury opening to such a statement.
Treasury lifts sanctions banning Russian diesel fuel until next April. ofac.treasury.gov/media/9372…
Trump Sends Obamacare ‘Refund’ Checks Ahead of Midterm Elections nytimes.com/2026/10/09/busin… via @NYTimes
Alan Rappeport retweeted
"Last year, Bessent got so angry about the way his daily briefing book was organized that he picked up the binder full of papers and threw it at a wall, people familiar with the matter said." Read @schwartzbWSJ @jdawsey1 @PhilipWegmann @GZuckerman
wsj.com/politics/policy/bess…
Rebuked by Bond Market, Bessent Says ‘House’ Does Not Always Win nytimes.com/2026/10/04/busin… via @NYTimes
Alan Rappeport retweeted
Axios' @mikeallen asks Treasury Secretary Scott Bessent if he regrets saying "I am the house now."
Bessent: "No, because look, the house doesn't win every hand. The house plays percentages."
Bessent Settled Tax Issue That Had Put Him at Odds With I.R.S. nytimes.com/2026/09/30/busin… via @NYTimes
Zervos 9/18 note: “We are living in a world where the short-term driver of long-term yields has absolutely nothing to with the Fed, the buyback programs, the AI borrowing, or some Alan Rappeport style gobbledygook about foreigners becoming wary of investing in the US.”
9/28:
Treasury Secretary Scott Bessent has hired veteran Wall Street economist David Zervos, the longtime chief market strategist at Jefferies, as a counselor in the Treasury Department. Zervos was a CNBC contributor.
Bessent announced the hire Monday in a statement obtained first by CNBC. Zervos will serve in a broad advisory capacity and is expected to begin immediately.
Read the full story: cnb.cx/47lMkr9
Alan Rappeport retweeted
In case you missed it… my viral interview with Sylvester Stallone.
For the first time, Sylvester Stallone admits to the cost of his fame: his abuse of steroids, his bulimia and an anxiety that would cause him to collapse on the floor. At its root, a painful and abusive childhood. It’s probably the best interview I’ve done.
Sylvester Stallone Hid His Struggles for Decades. Now He’s Coming Clean. nytimes.com/2026/09/26/magaz… via @NYTimes
Alan Rappeport retweeted
President Trump says Treasury Secretary Scott Bessent will not be AI czar. “Number One, he doesn’t want to.”
Trump Struggles to Find Leverage With Xi Over Chinese Exports
w/ @AnaSwanson
nytimes.com/2026/09/24/busin… via @NYTimes
