News

Bessent Steps Up Criticism of Fed as Auditions for Chair Intensify
The Treasury secretary is breaking with tradition in publicly assailing the central bank’s policies as President Trump looks ...
US Treasury's Bessent to skip South Africa G20 meeting, heading to Japan
By Andrea ShalalWASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent will skip a Group of 20 finance officials meeting ...
Bessent on Medicaid Work Requirements: Democrats Want To Infantilize The Poor; "I Don't Think Poor People Are Stupid"
Treasury Secretary Scott Bessent defended the "Big, Beautiful Bill" including work requirements for able-bodied Americans ...
Tariffs will revert to April levels if countries don't make a deal by August 1, Bessent says
Tariffs are set to return to President Donald Trump's original April levels without new trade deals by August 1, Treasury ...
US Treasury's Bessent to skip South Africa G20 finance meeting next week, sources say
U.S. Treasury Secretary Scott Bessent will skip a Group of 20 finance ministers and central bank governors meeting in South ...
Bessent Says He Expects Trade Deals by This Week’s Deadline
But the Treasury secretary also said that some countries working toward agreements with the United States could have until ...
Exclusive: Trump Delayed Tariff Deadline After Bessent Wanted More Time for Deals
President Trump decided to delay the implementation of so-called reciprocal tariffs after advisers including Treasury Secretary Scott Bessent told him he could get trade deals with more time. Official ...
Bessent teases new Aug. 1 deadline for tariffs, says Fed chair can’t cut rates like Trump wants
Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the ...
Bessent: Trump tariffs set to ‘boomerang back’ to higher rates if deals not reached
Treasury Secretary Scott Bessent said on Sunday that countries will see their respective tariff rates “boomerang back” on Aug ...
Trump Treasury Secretary Scott Bessent knocks Elon Musk's new political party
Treasury Secretary Scott Bessent criticized Elon Musk 's new political party, saying the world's wealthiest man wasn't a ...
Bessent outlines final tariff warning as trade deadline nears
Treasury Secretary Scott Bessent tells CNN’s Dana Bash that countries that fail to reach trade agreements by August 1 will ...