Treasury Secretary Scott Bessent offered a three-word reply on Wednesday to countries looking to respond to the United States’ broad tariffs: “Do not retaliate.” President Donald […]
Tag: BESSENT
Trump’s Big Bet: Americans Will Tolerate Economic Downturn to Restore Manufacturing
President Trump’s simultaneous trade wars with Canada, Mexico, China and the European Union amount to a huge economic and political gamble: that Americans will endure […]
Treasury Secretary Bessent says Trump tariffs won't cause inflation to increase
U.S. Secretary of the Treasury Scott Bessent speaks at the White House in Washington on Feb. 3, 2025. Elizabeth Frantz | Reuters Treasury Secretary Scott […]
Bessent to Skip G20 Finance Ministers Meeting in South Africa
Treasury Secretary Scott Bessent will skip a meeting of finance ministers and central bankers from the Group of 20 nations in Cape Town next week, […]
Trump says Treasury Secretary Bessent is going to Ukraine as U.S. has 'little to show' for aid sent
U.S. Secretary of the Treasury Scott Bessent speaks at the White House in Washington on Feb. 3, 2025. Elizabeth Frantz | Reuters U.S. Treasury Secretary […]
Judge's 'hopelessly ambiguous' order barring DOGE from Treasury sparks concern Bessent may also be locked out
A federal judge’s order barring DOGE from accessing Treasury Department data is vague enough that some legal experts believe it even blocks the agency’s secretary […]
Warren Questions Bessent Over Musk Access to Treasury Payment System
Senator Elizabeth Warren of Massachusetts sent a letter on Monday to Treasury Secretary Scott Bessent demanding answers for why the so-called Department of Government Efficiency […]
Man charged with carrying Molotov cocktails into Capitol, allegedly targeted Bessent, Hegseth and Johnson
A man arrested Monday after allegedly bringing two Molotov cocktails to the U.S. Capitol in Washington, D.C., said he initially intended to kill House Speaker […]
Senate Confirms Scott Bessent as Treasury Secretary
The Senate on Monday voted 68-to-29 to confirm Scott Bessent to be President Trump’s Treasury secretary, putting in place the new administration’s top economic official […]
What Scott Bessent, Trump’s Treasury Pick, Might Get Asked Today
A test for Trump’s cabinet pick For businesses and markets, perhaps the most important of the hearings for the incoming Trump administration’s Cabinet picks starts […]