Browsing: Scott Bessent
A House Financial Services Committee hearing descended into chaos and personal invective on Tuesday as Treasury Secretary Scott Bessent clashed…
U.S. Treasury Secretary Scott Bessent escalated his war of words with Canadian Prime Minister Mark Carney on Wednesday, urging the…
Bessent’s visit to Minnesota comes with more vows to crack down on fraud as tensions flare with state, Somalia government
The Treasury Department is taking a closer look at financial transactions between Minnesotan residents and businesses and Somalia as the federal government ramps…
Under Biden, America got 150 countries to agree a 15% global corporate tax. Under Trump, America gets an exemption
The OECD announced Monday that nearly 150 countries have agreed on the plan, initially crafted in 2021, to stop large…
Treasury Secretary Bessent insists Trump’s tariff agenda is ‘permanent,’ saying the White House can recreate it even with a Supreme Court loss
The Supreme Court is in the process of deciding the fate of President Trump’s tariffs, but even if the administration…
Tariffs and the $38 trillion national debt: Kevin Hassett sees ‘big reductions’ in deficit while Scott Bessent sees a ‘shrinking ice cube’
Kevin Hassett, director of the National Economic Council and the current favorite to take over as Federal Reserve chairman, argued…
Scott Bessent on well-intentioned but ‘very amorphous’ Giving Pledge: Billionaire class in panic
At the DealBook Summit hosted by the New York Times’ Andrew Ross Sorkin, Treasury Secretary Scott Bessent criticized the Giving…
Longtime Trump advisor Kevin Hassett emerges as favorite for Fed chair, Bloomberg reports
Treasury Secretary Scott Bessent said Tuesday that there’s a “very good chance” that President Donald Trump will name a new…
Trump’s public warning to Scott Bessent: Fix the Fed’s high interest rates or ‘I’m going to fire your ass’
President Donald Trump publicly warned Treasury Secretary Scott Bessent on Wednesday that he could lose his job if he fails…
If the White House handing out $2,000 checks to all U.S. citizens sounded too good to be true, it just…












