Bessent wraps up Fed chair interviews as Trump’s decision expected before Christmas
Treasury Secretary Scott Bessent completes Fed chair interviews, narrowing candidates to a shortlist for President Donald Trump's review. The decision is expected by Christmas.
Bessent: New Fed chair pick coming by Christmas
Federal Reserve Chair Jerome Powell's term ends in May 2026, but that isn't stopping Treasury Secretary Scott Bessent from moving ahead with finding his replacement.
Bessent warns 'perfect storm' brewing for beef prices, details Trump's $2,000 plan for working families
Treasury Secretary Scott Bessent warns of a "perfect storm" brewing with Biden-era inflation and tariff solutions, as the Trump administration considers sending checks to Americans.
Treasury Secretary Scott Bessent predicts ‘blockbuster’ year for US economy, relief for workers
Treasury Secretary Scott Bessent predicts 2026 will be a blockbuster year for the U.S. economy, driven by new manufacturing investments and job growth nationwide.
US to mint its last penny as Treasury halts production after more than 230 years
A historic end to U.S. penny production as Treasury Secretary Scott Bessent strikes the final coin Wednesday. Rising costs make each penny cost about 4 cents to produce.
Treasury Secretary Bessent warns shutdown could slash quarterly economic growth by half
Treasury Secretary Scott Bessent warns government shutdown could slash economic growth by half this quarter, calling impact worse each day the impasse continues.
Bessent says new rare earth factory will cut costs, break China’s 'chokehold' on industry
Treasury Secretary Scott Bessent highlights South Carolina's rare earth facility as economic win, creating jobs and cutting costs under President Donald Trump.
Bessent says Supreme Court tariff hearing 'went very well' for Trump administration
Treasury Secretary Scott Bessent expressed confidence after a Supreme Court hearing on President Donald Trump's tariff powers, calling arguments "very optimistic" for trade policy.
Bessent says he's 'optimistic' as Supreme Court weighs fate of Trump's entire trade agenda
Supreme Court to hear pivotal case this week that could reshape Trump's trade agenda as Treasury Secretary Bessent expresses optimism about tariff authority challenge.
Top Democrat presses Trump administration on Argentina 'bailout' during shutdown
Rep. Jamie Raskin demands transparency from Treasury Secretary Scott Bessent about the Trump administration's $40 billion Argentina deal.
Bessent demands Senate Democrats finish their 'tantrum' amid escalating shutdown feud
Treasury Secretary Scott Bessent continues his beef with Democrat lawmakers as the government shutdown standoff on Capitol Hill continues into its 31st day.
Treasury secretary tells Dem senators to stop sending him 'incoherent letters,' Argentina aid profiting US
Treasury Secretary Scott Bessent calls Senate Democrats Elizabeth Warren and Amy Klobuchar "failures" in heated feud over the government shutdown.
Trump secures China agreement to buy millions of tons of US soybeans, Bessent says after Xi meeting
China is slated to buy millions of metric tons of U.S. soybeans, Treasury Secretary Scott Bessent says after President Trump's meeting with Chinese president.
Treasury secretary says Trump, Xi discussed ‘bigger picture ideas’ in historic South Korea meeting
Treasury Secretary Bessent reveals Trump-Xi meeting could bring $2 trillion in U.S. investment after productive discussions on trade and cooperation agreements.
Democrats revolt over Trump admin's $20B aid plan, citing US farm crisis
Sen. Elizabeth Warren clashed with Treasury Secretary Scott Bessent over Trump's $20 billion Argentina currency swap, pointing to U.S. farmers facing trade war impacts.
Treasury Secretary Bessent expects consumer prices to drop starting next month amid economic recovery
The Trump administration's Treasury secretary is expecting "substantial real income increases" in the first quarter of 2026, as Scott Bessent claims an affordability crisis is now "under control."
Bessent fires back at Warren’s $20B Argentina deal critique, invokes infamous fascist leader
Democratic Sen. Elizabeth Warren and Treasury Secretary Scott Bessent are clashing over financial aid for Argentina during the ongoing U.S. government shutdown.
Trump admin slams China’s 'global power grab' on rare earths, threatens triple-digit tariffs
Trump administration officials work to stabilize U.S.-China relations after trade war threats, with President Donald Trump prepared to meet Xi Jinping.
Treasury Secretary Bessent accuses China of 'financing war' as US-China trade tensions escalate
While the U.S. is "pushing for peace" on trade deals, China "is financing war," according to Treasury Secretary Bessent, who asserts that discussions are underway with Beijing.
Trump's shortlist to replace Powell is starting to take shape
The list of candidates being interviewed by Treasury Secretary Scott Bessent to replace Federal Reserve Chairman Jerome Powell has narrowed to five candidates.
















