News

Bessent Says ‘No Rush’ to Choose Successor to Fed’s Powell
Treasury Secretary Scott Bessent said that there’s “no rush” to identify a successor to Federal Reserve Chair Jerome Powell, ...
Bessent, Warsh, Hassett are the leading contenders to get Fed chair job, CNBC survey finds
The CNBC Fed Survey found the leading contenders to succeed Jerome Powell as Fed Chair are Treasury Secretary Scott Bessent, ...
Scott Bessent warns China that Russian oil purchases could bring 100% tariffs
Wrapping up two days of U.S.-China trade talks in Stockholm, Bessent said he also expressed U.S. displeasure at China's ...
For Bond Dealers, It’s All About Bills at Bessent’s Treasury
Since Scott Bessent took the Treasury’s helm in January, bond dealers have done a 180 on the key question about his issuance ...
Bessent to American businesses: ‘Not the end of the world' if April 2 tariffs kick in
Top Trump administration officials insist that the Aug. 1 deadline is not changing, even as dozens of countries’ trade ...
Independent Journal Review6d
Scott Bessent Swats Down Jonathan Lemire’s Gotcha Questions On Fed Chair
Treasury Secretary Scott Bessent dismissed MSNBC host Jonathan Lemire’s negatively framed questions on Wednesday about ...
Bessent: EU Tariff Rate Could Change If Bloc Doesn’t Keep Up Deal
Treasury Secretary Scott Bessent said the government would be closely monitoring whether the European Union invests $600 billion in the U.S., which was part of a trade deal reached this weekend. “On ...
Treasury Sec. Scott Bessent: 'Not end of the world' if snapback tariffs are on for days or weeks
CNBC’s Eamon Javers sits down for an exclusive interview with Treasury Secretary Scott Bessent to discuss the possibility of ...
Scott Bessent Warns TSMC's $40 Billion Arizona Fab May Only Meet 7% Of US Chip Demand — Blames Building Inspectors, Red Tape For Delays
Treasury Secretary Scott Bessent warned that Taiwan Semiconductor Manufacturing Co.’s (NYSE:TSM) massive Arizona fabrication ...