Treasury Secretary Bessent met with UK Chancellor Reeves to discuss critical minerals, regulation, and trade

True

Evidence from credible sources supports the statement as accurate. Learn more in Methodology.

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Public record (press release/readout or equivalent documentation) confirms the meeting occurred on January 12, 2026 and that the listed topics were discussed.

Source summary
On January 12, 2026, U.S. Treasury Secretary Scott Bessent met with U.K. Chancellor of the Exchequer Rachel Reeves to discuss shared economic priorities, including cooperation on critical minerals, financial regulation, and trade policy. Bessent highlighted next steps after the recent critical minerals finance ministerial and the two discussed updates to the U.S.-UK Transatlantic Taskforce for Markets of the Future.
Latest fact check

An official U.S. Department of the Treasury readout dated January 14, 2026, states that on Monday, January 12, Secretary of the Treasury Scott Bessent met with UK Chancellor of the Exchequer Rachel Reeves to discuss shared U.S.-UK economic priorities, "including cooperation around critical minerals, financial regulation, and trade policy." The same readout specifies that Secretary Bessent "highlighted next steps following the critical minerals finance ministerial" and that they "discussed updates on the U.S.-UK Transatlantic Taskforce for Markets of the Future." A separate Treasury release confirms that the critical minerals finance ministerial took place on January 12, 2026, and UK and US government documents from 2025 describe the establishment of the Transatlantic Taskforce for Markets of the Future. These official sources collectively support the statement’s details on date, participants, and discussion topics.

Verdict: True, because official U.S. and UK government records directly confirm the meeting occurred on January 12, 2026, and that the listed subjects—critical minerals, financial regulation, trade policy, post-ministerial next steps, and the Transatlantic Taskforce—were discussed.

Timeline

  1. Update · Jan 14, 2026, 09:30 PMTrue
    An official U.S. Department of the Treasury readout dated January 14, 2026, states that on Monday, January 12, Secretary of the Treasury Scott Bessent met with UK Chancellor of the Exchequer Rachel Reeves to discuss shared U.S.-UK economic priorities, "including cooperation around critical minerals, financial regulation, and trade policy." The same readout specifies that Secretary Bessent "highlighted next steps following the critical minerals finance ministerial" and that they "discussed updates on the U.S.-UK Transatlantic Taskforce for Markets of the Future." A separate Treasury release confirms that the critical minerals finance ministerial took place on January 12, 2026, and UK and US government documents from 2025 describe the establishment of the Transatlantic Taskforce for Markets of the Future. These official sources collectively support the statement’s details on date, participants, and discussion topics. Verdict: True, because official U.S. and UK government records directly confirm the meeting occurred on January 12, 2026, and that the listed subjects—critical minerals, financial regulation, trade policy, post-ministerial next steps, and the Transatlantic Taskforce—were discussed.
  2. Original article · Jan 14, 2026

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