News

Wall Street Dealers Shred Treasury Auction Size Forecasts After Bessent Remarks
Wall Street dealers — until recently expecting US government debt auction sizes to resume growing next year — are going back to the drawing board after comments by Treasury Secretary Scott Bessent ...
Scott Bessent mocks Musk’s advice: ‘I will take care of the finances’
As a former advisor to President Donald Trump, Elon Musk has consistently complained that the One Big Beautiful Bill Act will contribute to the national debt.
Bessent on becoming Fed chair: ‘I will do what the president wants’
Treasury Secretary Scott Bessent said Monday he’d be open to replacing Federal Reserve Chair Jerome Powell as President Trump ...
Trump complains about US-Japan trade talks as Bessent warns of higher tariffs
Treasury Secretary Scott Bessent warned that countries could be notified of sharply higher tariffs as a July 9 deadline ...
Scott Bessent On Replacing Powell As Fed Chair: 'I Will Do What The President Wants' — Plays Down Shadow Chair Speculations
U.S. Treasury Secretary Scott Bessent declined to rule out the possibility of replacing Jerome Powell as Federal Reserve ...
Bessent talks Fed succession options as Trump sends note to Powell
Treasury Secretary Scott Bessent said that there are 'people' already at the Federal Reserve who are under consideration to ...
Fed Seems Frozen at the Wheel Here, Bessent Says
US Treasury Secretary Scott Bessent talks about Federal Reserve policy and replacing Chair Jerome Powell. Bessent says the ...
Cryptopolitan on MSN2d
Bessent calls Fed’s 2022 move a failure
A replacement for Fed Chair Jerome Powell is on the way, and it’s coming sooner than expected. Scott Bessent, speaking in an ...