Scott Bessent News

Bessent Announces Tariff Numbers for Each Country Effective April 2

US Treasury Secretary Scott Bessent announced that each country affected by US trade restrictions will be assigned a tariff number effective April 2. He also discussed the economy'...

Treasury Secretary Scott Bessent Unfazed by Stock Market Volatility Amid Tariff Concerns

Treasury Secretary Scott Bessent remains optimistic about the US stock market's long-term performance despite recent volatility due to tariff policies. He acknowledges potential ec...

Treasury Secretary Bessent Unfazed by Short-term Market Fluctuations

US Treasury Secretary Scott Bessent discusses the administration's focus on long-term economic growth over short-term market volatility, amidst ongoing tariff negotiations and effo...

Bessent Reveals: Trump Administration Firm on Interest Rate Reduction Strategy

US Treasury Secretary Scott Bessent discusses the Trump administration's strategy to lower interest rates, focusing on medium-term economic goals, and addressing China's export pra...

Bessent Advocates for Stronger Sanctions on Russia Amid Ukraine Conflict

Scott Bessent, nominated for Treasury Secretary, supports stronger sanctions against Russia, focusing on its oil sector. He criticizes current sanctions as inadequate and influence...

Bessent Assures No US Debt Default if Confirmed as Treasury Secretary

Scott Bessent, Trump's nominee for Treasury Secretary, assured that the US will not default on its debt if he is confirmed. He supports removing the debt limit, a stance criticized...

Bessent Backs Trump's Tariff Strategy Targeting Unfair Trade Practices

Treasury Secretary nominee Scott Bessent supports President-elect Donald Trump's tariff strategy aimed at unfair trade practices, carbon emissions, and financing practices, ensurin...