News

Treasury Secretary Admits Trump’s Tariffs Are Paid by Americans

Treasury Secretary Scott Bessent acknowledged that U.S. importers, or American consumers, pay for Donald Trump's tariffs.

Treasury Secretary Scott Bessent: The market is pricing in a substantial probability of rate cuts over the coming months

Treasury Secretary Scott Bessent opens up about the state of the U.S. economy and negotiations with other nations on 'Special ...

Trump says Treasury Secretary Bessent 'does not want' to be Fed chair, but 4 others in running

The news follows Fed Governor Adriana Kugler’s surprise announcement Friday that she is resigning effective this Friday.

Trump: Treasury Secretary Scott Bessent doesn't want to be Federal Reserve chair

President Donald Trump said Tuesday that Treasury Secretary Scott Bessent is no longer a possibility to replace Federal ...

Trump Says Treasury’s Bessent Rules Out Replacing Powell at Fed

With Treasury Secretary Scott Bessent not in the running, President Trump said that he has narrowed his list of replacements ...

Trump Rules Out Picking Scott Bessent as Fed Chair

The president said he is considering four Fed chair candidates, including Kevin Hassett and Kevin Warsh.

Treasury Secretary Bessent bashes Fed 'fear mongering' over tariffs and says central bank should be reviewed

US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and ...

Treasury Secretary Bessent tiptoes around Trump's plans for new Fed chair

Treasury Secretary Scott Bessent says he "will go where the president thinks" he's "best suited" to serve, as calls grow for the Fed's Jerome Powell to resign.
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'I'm Not Gonna Answer That': Scott Bessent Disrespects Senators To Their Faces, Outright Refuses To Answer Questions In Hearing

During a hearing held by the Senate Finance Committee back in June, Treasury Secretary Scott Bessent outright refused to ...