Browsing: Scott Bessent
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…
China just purchased its first U.S. soybeans from this year’s harvest before Trump and Xi meet at economic summit
COFCO, China’s largest state-owned agriculture and food business, just bought its first purchase of U.S. soybeans from this year’s harvest…
Why the Supreme Court may choose to uphold Trump’s tariffs: ‘It would be incredibly disruptive to unscramble those eggs’
When the Supreme Court hears arguments on November 5 in President Donald Trump’s tariff case, the justices won’t just be…
A broad-based selloff swept global stock markets this morning after U.S. Treasury Secretary Scott Bessent told the Financial Times that…
‘Scandalous’: top economist Jeremy Siegel says U.S. sleepwalked into rare-earths crisis as China tightens its grip
China’s tightening grip over the minerals that power advanced technologies has moved from long-term strategic concern to immediate economic threat—and…
Elizabeth Warren accuses Trump of betraying farmers and ‘putting himself and his billionaire buddies first’ with $20 billion Argentina bailout
The United States directly purchased Argentine pesos on Thursday and finalized a $20 billion currency swap line with Argentina’s central…












