For the Sake of Our Money, Scott Bessent Needs to Shut Up
Bessent hit Newsom back in a Politico interview. “Newsom was in over his hairdo,” he said, and has “a brain the size of a walnut,” and, most creatively, Newsom is “Patrick Bateman meets…
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Bessent
Japan finance minister says US Treasury’s Bessent shares concerns about weak yen
JAPAN’S Finance Minister Satsuki Katayama said she and US Treasury Secretary Scott Bessent shared concerns over what she called the yen’s recent “one-sided depreciation”, as Tokyo stepped…
Bessent sees one or two more Fed chair interviews this week
Trump is slated to interview the central bank governor Chris Waller on Dec 17 for the chair job Treasury Secretary Scott Bessent said there are one or two more interviews this week for the…
Media's take on economy irks Trump, Bessent says, as poll numbers sink and cost of living still high
President Trump isn't thrilled with the headlines about his economy. Source link
Bessent says White House may ‘veto’ Fed presidents under a new residency rule
Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve‘s regional bank presidents live in their districts for at least three years before…
Treasury Secretary Bessent says NYC mayor-elect Zohran Mamdani is leader of Democratic Party
Treasury Secretary Scott Bessent said New York City mayor-elect Zohran Mamdani, a self-proclaimed Democratic socialist, is the clear head of the Democratic Party. Source link
Scott Bessent Gives Deranged Financial Advice on Beating Inflation
Treasury Secretary Scott Bessent thinks that people struggling with rising inflation should simply move from a blue state to a red state. “I can tell you.... You know the best way to bring…
“How Much Does Your Arm Weigh?“: WTF Is Scott Bessent Talking About?
Trump has already sent aircraft carriers to the Caribbean Sea, part of a deployment of dozens of warships, as well as 15,000 troops, to the region. The administration has been bombing…
Bessent Says Oil Prices Will Drop “If Something Happens” in Venezuela
“Now the pressure on Ukraine is one of the most difficult,” Zelenskiy said in his native language, standing outside his presidential office, in a video statement. “Now is one of the most…
Trump Publicly Threatens to Fire Scott Bessent in Unhinged Rant
President Trump joked (we think) about firing Treasury Secretary Scott Bessent while Bessent was sitting right in front of him. “Interest rates are down despite the Fed. I mean Scott, you…
Trump could announce next Fed chair before Christmas, Bessent tells Fox News
US PRESIDENT Donald Trump will meet the final shortlist of candidates for the next Federal Reserve chair after Thanksgiving and he could announce his pick before Christmas, US Treasury…
US hopes to finalise rare earths deal with China this month: Bessent
US TREASURY Secretary Scott Bessent said on Sunday that Washington hopes to finalise a deal with China for securing supplies of rare earths by the Thanksgiving holiday at the end of…
Tariff relief coming soon on coffee, bananas, Treasury Secretary Scott Bessent says
Coffee drinkers, perk up -- the Trump administration plans to roll back tariffs on some foreign products, including coffee beans grown in Brazil. Source link
Bessent says Trump will win 'affordability' battle in 2026 elections
Treasury Secretary Scott Bessent said President Trump inherited an inflation mess and is fixing it with policies that will ease price increases and raise wages. Source link
Treasury Secretary Scott Bessent says there's no 'formal' White House proposal to defund Obamacare
Treasury Secretary Scott Bessent said Sunday there is no formal proposal from the White House to defund the Affordable Care Act. Source link
Scott Bessent Admits Trump’s Doing Everything He Can Not to Fund Snap
Scott Bessent claimed they are still waiting to hear from the courts ... after a ruling had been issued. Source link
Scott Bessent Reveals Trump’s Infuriating China Trade Plan
Donald Trump’s plan is just ... limbo. Source link
China to buy 12 million metric tons of US soybeans this season, Bessent says
US Treasury Secretary Scott Bessent said on Thursday that China has agreed to buy 12 million metric tons of American soybeans during the current season through January, down from 22.5…
Treasury Secretary Scott Bessent says U.S., China reach 'substantial' trade framework before summit
Treasury Secretary Scott Bessent announced Sunday that he has reached a "very substantial framework" with Chinese Vice Premier He Lifeng on a deal aimed at easing trade tensions between…
Scott Bessent Embarrassed on Air as He Tries to Deflect Farmer Crisis
Treasury Secretary Scott Bessent made an eyebrow-raising claim about the soybean crisis on CNBC’s Squawk Box Thursday. In recent years, China has consistently been the largest importer of…
Bessent will interview 11 candidates to replace Powell at Fed
Treasury Secretary Scott Bessent said Tuesday he plans to interview nearly a dozen "very strong" candidates to replace Jerome Powell as chair of the Federal Reserve. Source link
Scott Bessent Finally Admits the Truth About Trump’s Tariff Costs
The New York Timesreported Wednesday that Cuomo “spoke about the race directly” with the president in recent weeks. Though it’s not clear who initiated the call, or what the two spoke…
US Treasury’s Bessent calls for review of Fed non-monetary policy operations
US Treasury Secretary Scott Bessent said the Federal Reserve’s vital independence on monetary policy is threatened by its “mandate creep” into non-policy areas and he called on the US…
Bessent suggests Powell should leave Federal Reserve board in May
US Treasury Secretary Scott Bessent suggested that Federal Reserve chair Jerome Powell should step down from the central bank’s board when his term as chair is up in May 2026.…