Bessent – 9xm News

‘Europe financing war against themselves’: Why Trump ally Scott Bessent needs to watch Yes Minister | World News

Scott Bessent is often held up as one of the saner and more sober members of the Trump administration. His appointment in November 2024 piqued more than a few eyebrows, given he is openly gay, co-hosted a fundraiser for Al Gore in 2000, and even worked for many years at Soros Fund Management, an investment […]

Russian oil goes to India, Europeans buy refined products from them: Scott Bessent

Treasury secretary Scott Bessent said the US made much bigger sacrifices than the European countries in the Russia-Ukraine conflict. “We have put 25% tariffs on India for buying Russian oil. Guess what happened last week? The Europeans signed a trade deal with India,” Bessent said, explaining that Russian oil goes to India and then Europeans […]

‘Greatest scandals of all time’: Scott Bessent rips NYT for alleged Trump’s ‘fake’ health report; publication hits back

US treasury secretary Scott Bessent launched a sharp attack on The New York Times at the paper’s own DealBook Summit in New York City on Wednesday, accusing it of running “distorted” coverage of President Donald Trump’s health while failing to confront questions about former President Joe Biden’s decline.In an onstage exchange with Times journalist Andrew […]

Scott Bessent grilled after giving wild reason for soaring beef prices in US: ‘Cows climbing over Trump’s wall’

Scott Bessent stirred a row after claiming that soaring beef prices in US are not linked to economic policies but to an alleged “invasion of cows” across the southern US border.The Treasury Secretary laid out his theory during a Sunday interview with Maria Bartiromo on Fox News. Bartiromo asked about the rising cost of meat […]

Scott Bessent doubles down on Trump’s H-1B remarks, but there’s a catch: ‘Come to US, train workers, then go home’

Treasury Secretary Scott Bessent on Wednesday explained President Donald Trump’s new approach to the H-1B visa programme, saying it is designed to bring skilled foreign workers to the United States temporarily — not to replace American jobs.Bessent told Fox News that Trump’s plan of bringing in skilled foreign workers focuses on knowledge transfer rather than […]

TikTok ban looms in US: Treasury secretary Scott Bessent claims deal ‘very close’; Donald Trump says it’s ‘up to China’

The US and China are nearing an agreement regarding their TikTok dispute, according to US Treasury Secretary Scott Bessent’s statement on Monday during renewed trade discussions in Madrid.“On the TikTok deal itself, we’re very close to resolving the issue,” Bessent said while talking to journalists as he arrived at Spain’s foreign ministry for day two […]

‘We may declare … ‘: US treasury secretary Bessent signals possible housing emergency in fall; here’s why

US treasury secretary Scott Bessent US treasury secretary Scott Bessent said Monday that the Donald Trump administration is considering declaring a national housing emergency to tackle high housing prices and limited supply.“We may declare a national housing emergency in the fall,” Bessent told the Washington Examiner, as quoted by Fox News.Bessent said that lower interest […]

Trump dismisses IRS commissioner Billy Long; removed less than two months after Senate confirmation, Scott Bessent to serve as acting head

US Rep Billy Long (Image credits: AP) US President Donald Trump on Friday dismissed former US Rep Billy Long as IRS commissioner less than two months after his confirmation. Treasury secretary Scott Bessent will serve as acting commissioner in the interim.A White House official who spoke to AP on condition of anonymity, confirmed the removal, […]

‘He wants to stay where he is’: Trump rules out treasury secretary Scott Bessent for Fed Chair; considers Warsh and Hassett instead

US treasury secretary Scott Bessent (Image credits: AP) US President Donald Trump said Tuesday that Treasury Secretary Scott Bessent is no longer being considered to replace Jerome Powell as Chair of the Federal Reserve, after Bessent expressed his desire to remain in his current role.“I love Scott, but he wants to stay where he is,” […]

Trump vs Jerome Powell: Scott Bessent softens tone; suggests Fed chief ‘shouldn’t step down right now’

US treasury secretary scott Bessent said on Tuesday he saw no immediate reason for federal reserve chair Jerome Powell to step down. This comes just a day after Bessent publicly called for a full review of the Fed’s operations beyond its main role in setting interest rates. Speaking to Fox Business, Bessent said, “There’s nothing […]