News

Bessent is rumored to head the Fed. Is the central bank's independence threatened?
At the heart of the debate over Bessent's appointment is the thorny question of the central bank's independence. Trump has ...
Paul Tudor Jones Says Bessent Is Likely Trump Pick for Fed Chair
Paul Tudor Jones said President Donald Trump is likely to appoint an “uber dovish” Federal Reserve chair to accommodate his ...
Scott Bessent is winning Treasury’s debt ceiling race against time
Treasury Secretary Scott Bessent's toughest negotiating partner is Congress, and the contest is his race to finance the ...
American Banker2d
What if … the Treasury secretary also ran the Fed?
Reports that the White House is considering naming Treasury Secretary Scott Bessent as the next chair of the Federal Reserve ...
Trump urges ‘numbskull’ Fed chair Powell to lower interest rates — as prez reveals he plans to replace him
President Trump urged “numbskull” Federal Reserve chairman Jerome Powell to lower interest rates Thursday — while confirming ...
Bessent claims tariffs aren’t taxes
Treasury Secretary Scott Bessent insisted Thursday that tariff are not taxes, defying the widely accepted economic and financial definition of President Trump’s top trade tool. In an ...
Bessent dice que “queda por ver” si proyecto fiscal de EE.UU. incrementará la deuda
El secretario del Tesoro, Scott Bessent, se abstuvo de argumentar si la legislación fiscal que los republicanos están ...
Bessent condemns Newsom's 'dangerous' threat to withhold $80B in federal taxes amid trans athlete controversy
Treasury Secretary Bessent warns Gov. Newsom that withholding federal tax payments over Trump's proposed transgender athlete ...