Bessent

BUSINESS

Bessent says China has a ‘choice’ on whether or not to be a reliable partner

Treasury Secretary Scott Bessent said Beijing has a choice on whether or not to be a dependable partner with the…

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BUSINESS

Bessent says Trump-Xi call would ease trade logjam — ‘I believe we will see something very soon’

A logjam in the trade talks between the United States and China could be broken once Presidents Donald Trump and…

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BUSINESS

Bessent says U.S. will never default as Congress faces deadline

Treasury Secretary Scott Bessent said the US “is never going to default” as the deadline for increasing the federal debt…

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BUSINESS

Bessent says U.S.-China talks ‘stalled,’ pushes for Trump-Xi call

U.S. Treasury Secretary Scott Bessent said trade talks with China are “a bit stalled,” and that a call between President…

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BUSINESS

U.S. economy will be growing faster than 3% this time next year, predicts Treasury’s Bessent 

A combination of pro-growth trade policies, tax cuts and deregulation will soon lead to a pickup in activity after a…

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BUSINESS

Scott Bessent says tariff uncertainty is a tactic — otherwise countries ‘would play us in the negotiations’

The Treasury secretary said “strategic uncertainty” is a tactic as the U.S. engages in talks over the Trump administration’s tariffs,…

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BUSINESS

Bessent says debt limit measures could run out in August

Treasury Secretary Scott Bessent told US lawmakers that his department’s ability to use special accounting maneuvers to stay within the…

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BUSINESS

What Treasury Secretary Scott Bessent said at the Milken event (and how his critics responded)

In today’s CEO Daily: Diane Brady at the Milken Institute Global Conference in Los Angeles. The big story: Trump’s movie…

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BUSINESS

Stock market rallies after Treasury Secretary Bessent tells a closed-door investor summit that the tariff standoff with China is unsustainable

After starting the week with a sharp selloff, stocks recovered most of their losses on Tuesday as the S&P 500…

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BUSINESS

The IRS interim commissioner was just ousted after Scott Bessent reportedly fussed to Trump that Elon Musk installed the leader behind his back

The acting commissioner of the IRS was fired Friday after Treasury Secretary Scott Bessent reportedly complained to President Donald Trump…

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