Bessent

US Treasury’s Bessent says Fed will take its time on balance sheet moves
Published Mon, Feb 9, 2026 · 06:50 AM[WASHINGTON] US Treasury Secretary Scott Bessent said on Sunday he would not expect the Federal Reserve to move quickly to shrink its...

Scott Bessent Finally Admits the Truth About Trump’s Tariff Costs
Mamdani on Cuomo "conspiring" with Trump: "It is time for us to make clear that what this city deserves is a mayor who when he sees Donald Trump attacking...

US Treasury’s Bessent calls for review of Fed non-monetary policy operations
[WASHINGTON] 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...

Bessent suggests Powell should leave Federal Reserve board in May
[WASHINGTON] 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...
Treasury Secretary Scott Bessent throws shade at Elon Musk’s plans for new political party
Treasury Secretary Scott Bessent downplayed Elon Musk’s announcement that he is forming a new political party in response to President Trump signing his massive tax and spending plan that...
Treasury Secretary Scott Bessent: ‘Tariff derangement syndrome’ is driving criticism of trade plan
Treasury Secretary Scott Bessent says “tariff derangement syndrome” has infected the discussion of President Trump’s trade plan while insisting that the tariffs will not lead to inflation. The temporary...
Bessent says U.S. nearing trade deal with India
Treasury Secretary Scott Bessent said the U.S. is “very close” to a trade deal with India as the White House juggles negotiations with multiple trading partners ahead of a...

What’s Next as the Latest U.S.-China Trade Talks Conclude
We are hearing that the trade talks with China may be bearing fruit — or at least aren’t at an impasse. We’ve heard positive spin before, so we will...

U.S. and China Agree to Walk Back Trade Tensions
The United States and China have agreed to a “framework” that is intended to ease economic tension and extend a trade truce that the world’s two largest economies reached...

Elon Musk Brawled with Treasury Secretary Scott Bessent Like a ‘Rugby Player’ at White House Which Was Too Much for Trump
Elon Musk allegedly body-checked Treasury Secretary Scott Bessent during a tense confrontation at the White House, following accusations that Musk was a fraud—a fiery clash that reportedly triggered the...

