News

Democrats 'seem to think that poor people are stupid,' Scott Bessent says
President Trump's Treasury secretary bristled at suggestions that changes to Medicaid would make it too difficult for people.
Scott Bessent to meet Chinese officials after new tariff deals
Treasury Secretary Scott Bessent said Monday that he will meet with his Chinese counterpart, which follows “good meetings” he ...
US Treasury's Bessent to skip South Africa G20 finance meeting next week, sources say
U.S. Treasury Secretary Scott Bessent will skip a Group of 20 finance ministers and central bank governors meeting in South ...
Trump Treasury Secretary Scott Bessent knocks Elon Musk's new political party
T reasury Secretary Scott Bessent criticized Elon Musk 's new political party, saying the world's wealthiest man wasn't a ...
CNBC Africa1h
US Treasury’s Bessent to skip South Africa G20 meeting, heading to Japan
U.S. Treasury Secretary Scott Bessent will skip a Group of 20 finance officials meeting in South Africa next week, sources ...
Scott Bessent Shades Elon Musk’s New ‘America Party’
The Tesla CEO announced the formation of a new political party after the president signed the “Big, Beautiful Bill.” ...
Bessent demands apology from Summers over ‘big, beautiful bill’ criticism
Treasury Secretary Scott Bessent late Sunday fired back at Larry Summers for the former Treasury secretary’s criticism of ...
Scott Bessent says young men are in an ‘era of despondency,’ has hope for American workers
Treasury Secretary Scott Bessent discusses the impact of President Donald Trump’s ‘big, beautiful bill,’ immigrant labor and ...
Just The News14h
Scott Bessent predicts $300B+ in tariff revenue for 2025
The announcement represents a win for the administration, which has positioned tariffs as both a means of equalizing trade and raising revenue.
Bessent Says He Expects Trade Deals by This Week’s Deadline
But the Treasury secretary also said that some countries working toward agreements with the United States could have until ...
Tariffs will revert to April levels if countries don't make a deal by August 1, Bessent says
Tariffs are set to return to President Donald Trump's original April levels without new trade deals by August 1, Treasury ...
The Japan Times9h
U.S. Treasury Secretary Bessent to visit Japan next week for Expo
The visit comes after Donald Trump stated his intention to raise tariffs on all Japanese imports to 25% — slightly higher than the 24% rate initially announced in April.