Bessent warns of ‘devastating’ consequences if tax cuts lapse
Taxes and tariffs took center stage Thursday at the Senate Finance Committee’s confirmation hearing for President-elect ...
Trump’s Treasury pick Bessent says US must keep oversight of Treasuries
The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's ...
Bessent: China Will Cut Prices In Response To Tariffs So They Can Continue To "Export Their Way Out Of Economic Malaise"
Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes ...
Bessent's criticism of Inflation Reduction Act underscores how Democratic law faces trouble this year
Democratic Sen. Wyden pushed Bessent on Republican efforts to scrap at least parts of Democrats' Inflation Reduction Act of ...
Bessent: Carbon Tariffs Could Be Part of an Overall Tariff Program
Scott Bessent, U.S. President-elect Donald Trump's nominee to be secretary of treasury, looks on as he sits near his son Cole ...
Scott Bessent believes federal minimum wage should not be increased
Scott Bessent, President-elect Trump's pick to serve as treasury secretary, told Sen. Bernie Sanders, I-Vt., that the minimum ...
Trump 1.0's China trade deal proved disappointing. Bessent suggests taking another stab at it.
Bessent has brought up the Trump 1.0 trade deal that called for Chinese purchases from U.S. farmers -- an agreement that's ...