Business
Japan finance minister says US Treasury’s Bessent shares concerns about weak yen
JAPAN’S Finance Minister Satsuki Katayama said she and US Treasury Secretary Scott Bessent shared concerns over what she called the yen’s…
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Bessent
Business
Bessent sees one or two more Fed chair interviews this week
Trump is slated to interview the central bank governor Chris Waller on Dec 17 for the chair job Treasury Secretary Scott Bessent said…
News
Media's take on economy irks Trump, Bessent says, as poll numbers sink and cost of living still high
President Trump isn't thrilled with the headlines about his economy. Source link
News
Bessent says White House may ‘veto’ Fed presidents under a new residency rule
Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve‘s regional bank presidents live…
News
Treasury Secretary Bessent says NYC mayor-elect Zohran Mamdani is leader of Democratic Party
Treasury Secretary Scott Bessent said New York City mayor-elect Zohran Mamdani, a self-proclaimed Democratic socialist, is the clear head…
News
Trump may select new Fed chair by Christmas, Treasury Secretary Bessent says
President Trump is likely to select a new Federal Reserve chair before Christmas, Treasury Secretary Scott Bessent said Tuesday. Source link
Business
Scott Bessent Gives Deranged Financial Advice on Beating Inflation
Treasury Secretary Scott Bessent thinks that people struggling with rising inflation should simply move from a blue state to a red state.…
News
“How Much Does Your Arm Weigh?“: WTF Is Scott Bessent Talking About?
Trump has already sent aircraft carriers to the Caribbean Sea, part of a deployment of dozens of warships, as well as 15,000 troops, to…
News
Bessent Says Oil Prices Will Drop “If Something Happens” in Venezuela
“Now the pressure on Ukraine is one of the most difficult,” Zelenskiy said in his native language, standing outside his presidential…
News
Trump Publicly Threatens to Fire Scott Bessent in Unhinged Rant
President Trump joked (we think) about firing Treasury Secretary Scott Bessent while Bessent was sitting right in front of him. “Interest…
News
Trump could announce next Fed chair before Christmas, Bessent tells Fox News
US PRESIDENT Donald Trump will meet the final shortlist of candidates for the next Federal Reserve chair after Thanksgiving and he could…
Culture
US hopes to finalise rare earths deal with China this month: Bessent
US TREASURY Secretary Scott Bessent said on Sunday that Washington hopes to finalise a deal with China for securing supplies of rare…
News
Tariff relief coming soon on coffee, bananas, Treasury Secretary Scott Bessent says
Coffee drinkers, perk up -- the Trump administration plans to roll back tariffs on some foreign products, including coffee beans grown in…
News
Bessent says Trump will win 'affordability' battle in 2026 elections
Treasury Secretary Scott Bessent said President Trump inherited an inflation mess and is fixing it with policies that will ease price…
News
Treasury Secretary Scott Bessent says there's no 'formal' White House proposal to defund Obamacare
Treasury Secretary Scott Bessent said Sunday there is no formal proposal from the White House to defund the Affordable Care Act. Source link
News
Bessent to attend Supreme Court session on landmark tariff case
Treasury Secretary Scott Bessent plans to go to the Supreme Court on Wednesday to watch oral arguments in a case that could jar President…
News
Scott Bessent Reveals Trump’s Infuriating China Trade Plan
Donald Trump’s plan is just ... limbo. Source link
News
China to buy 12 million metric tons of US soybeans this season, Bessent says
US Treasury Secretary Scott Bessent said on Thursday that China has agreed to buy 12 million metric tons of American soybeans during the…
News
Treasury Secretary Scott Bessent says U.S., China reach 'substantial' trade framework before summit
Treasury Secretary Scott Bessent announced Sunday that he has reached a "very substantial framework" with Chinese Vice Premier He Lifeng…
News
Scott Bessent Embarrassed on Air as He Tries to Deflect Farmer Crisis
Treasury Secretary Scott Bessent made an eyebrow-raising claim about the soybean crisis on CNBC’s Squawk Box Thursday. In recent years,…
Business
Bessent will interview 11 candidates to replace Powell at Fed
Treasury Secretary Scott Bessent said Tuesday he plans to interview nearly a dozen "very strong" candidates to replace Jerome Powell as…
News
Scott Bessent Finally Admits the Truth About Trump’s Tariff Costs
The New York Timesreported Wednesday that Cuomo “spoke about the race directly” with the president in recent weeks. Though it’s not clear…
Business
US Treasury’s Bessent calls for review of Fed non-monetary policy operations
US Treasury Secretary Scott Bessent said the Federal Reserve’s vital independence on monetary policy is threatened by its “mandate creep”…
Business
Bessent suggests Powell should leave Federal Reserve board in May
US Treasury Secretary Scott Bessent suggested that Federal Reserve chair Jerome Powell should step down from the central bank’s board when…