Scott Bessent, Federal Reserve and Jerome Powell
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China trade has reached a "good place" with reduced tariffs, but said China's 30% share of global manufacturing is unsustainably imbalanced.
The two sides will reschedule the meeting between Treasury Secretary Scott Bessent and South Korean Finance Minister Koo Yun-cheol, as well as the top trade envoys of both countries, as soon as possible,
Treasury Secretary Scott Bessent said Monday he believes the Federal Reserve system should be reviewed for potentially holding back the US economy, which is “on the cusp” of growth that could equal the dot-com boom seen in the 1990s.
Treasury Secretary Scott Bessent warned that Taiwan Semiconductor Manufacturing Co.'s massive Arizona fabrication facility may produce just 7% of America's semiconductor needs, highlighting regulatory obstacles hampering domestic chip production.
U.S. Treasury Secretary Scott Bessent breaks down President Donald Trump’s trade deals, Federal Reserve chair Jerome Powell and more on ‘The Ingraham Angle.’
Treasury Secretary Scott Bessent said Wednesday on Fox News’ “The Ingraham Angle” that the Trump administration will announce a potential new Federal Reserve chairman nominee in either December or January.
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Bessent: Trump ‘not going to fire’ Powell
Treasury Secretary Scott Bessent said he would soon meet top Chinese officials to extend the two countries' trade truce. “China, that deal expires on Aug. 12 and I’m going to be in Stockholm on Monday
US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and the potential for higher inflation.