Treasury Secretary Scott Bessent is pouring cold water on the hot economic numbers of the Biden administration, claiming that growth was ‘brittle underneath’
As proof, Bessent claimed the bulk of the job growth over the past 12 months took place within government and in sectors like ...
Wall Street learns that Scott Bessent isn’t Steven Mnuchin
If Wall Street investors had hoped Scott Bessent would moderate Trump’s punishing trade policies, the Treasury secretary is ...
Treasury Secretary says administration is trying to 'avert a crisis' with government cuts
The Trump administration is focused on averting a financial crisis that could result from government overspending, the ...
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Trump’s Treasury Secretary claims cheap goods are ‘not the essence of the American Dream’
Scott Bessent, United States Secretary of the Treasury, speaks at an Economic Club of New York. He said ‘cheap goods is not the essence of the American Dream’ (AP) “To the extent that ...
The Dollar Just Took a Hit, Thanks to Worries About Trump’s Trade Wars
Treasury Secretary Scott Bessent said over the weekend there were 'no guarantees' there will not be a recession in the U.S.
Trump treasury secretary warns of 'detox period' slowdown for US economy
Treasury Secretary Scott Bessent warned the U.S. economy could enter a "detox period" as the administration shifts from ...
Futures slip on treasury secretary's comments; eyes on upcoming Fed meet
In a Sunday interview with NBC, Bessent warned that there are "no guarantees" the United States will escape a recession. His ...
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US may impose maximum sanctions on Russia without hesitation - US Treasury Secretary
The United States is considering the imposition of the harshest sanctions on Russia. If necessary, such a decision will be ...