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 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 […]
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 […]
Scott Bessent reportedly picked a fight with Bill Pulte at a private dinner and accused him of badmouthing him to Trump. Donald Trump’s treasury secretary Scott Bessent lost it as he got to know that Bill Pulte, the director of the Federal Housing Finance Agency, was allegedly badmouthing him to Trump. Bessent did not wait […]
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 […]
Michael Faulkender (UStreasurydept) Michael Faulkender, the US treasury department’s deputy secretary, is stepping down less than five months after being confirmed to the role by the Senate.“I would like to thank deputy secretary Faulkender for his dedication and service. Since January, he has played a critical role in overseeing the US Department of the Treasury’s […]
US President Donald Trump on Thursday said that the secondary tariffs imposed on India may have influenced Russian President Vladimir Putin’s decision to meet him, ahead of their scheduled summit in Alaska on Friday. Trump said the tariffs “probably” played a part in bringing Moscow to the table as he seeks a peace deal in […]
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,” […]
STOCKHOLM: Top trade officials from China and the US launched a new round of talks Monday in a bid to ease tensions over tariffs between the world’s two biggest national economies.US treasury secretary Scott Bessent and Chinese vice premier He Lifeng were meeting at the offices of Sweden’s prime minister for two days of talks […]
As Elon Musk jumps into a new political party, Scott Bessent says he was not popular. President Donald Trump or vice president JD Vance did not officially comment on Elon Musk launching his new party the ‘America Party’. But the administration’s first reaction is here as treasury secretary Scott Bessent commented on Musk’s new political […]
