News

Treasury Secretary Scott Bessent reminds CBS anchor about wrong inflation prediction: ‘Numbers are the best in 4 years’
Treasury Secretary Scott Bessent took a victory lap Sunday over recent inflation numbers that show a key benchmark hitting a ...
Bessent defends tariff policy as retailers weigh price hikes: "Some are and some aren't"
As the trade standoff with China continues, President Trump announced the tariff on foreign steel will double from 25% to 50% ...
Steve Bannon says Elon Musk and Scott Bessent had "physical confrontation"
The Tesla DEO allegedly "shoved" Treasury Secretary Scott Bessent during a heated exchange, according to Steve Bannon.
Bessent: Margaret, Why Don’t We Focus On What Has Happened And Does Happen, Not What You Allege Might Happen
Treasury Secretary Scott Bessent responds to criticism of the impact of the Trump tariffs on American ikporters and retailers ...
Treasury Secretary Scott Bessent "confident" U.S.-China trade details "will be ironed out" when Trump, Xi talk
Treasury Secretary Scott Bessent said he believes President Trump and Chinese President Xi Jinping will speak soon, after Mr.
Bessent Says the U.S. ‘Is Never Going to Default’
The U.S. “is never going to default,” Treasury Secretary Scott Bessent said on CBS on Sunday, adding, “We are on the warning ...
Treasury's Bessent says US is 'never going to default' as debt limit deadline looms
Treasury Secretary Scott Bessent said the U.S. government will never default on its debt obligations as Congress faces a debt ...
‘The best chance we’ve got’: Can Treasury Secretary Scott Bessent save the world from trade Armageddon?
As President Donald Trump conducted an impromptu news conference in Doha, Qatar, this month, surrounded by business leaders and top advisers, he made a point of singling out one person in particular.
Trump, Xi are needed to make a deal as US, China trade talks ‘stalled,’ Treasury Sec. Bessent says
I think that, given the magnitude of the talks, given the complexity – this is going to require both leaders to weigh in with ...
Bessent says it was ‘highly inappropriate’ for courts to block Trump tariffs after Senate ‘chose not to’
A trade court blocked the tariffs Wednesday, saying Trump didn't have the authority to impose them, but they have been ...
China has a ‘choice’ on whether to be a reliable partner: US Treasury Secretary Bessent
He said China needs to shift to a more consumption-led economy to help ease global imbalances.  Read more at straitstimes.com ...