Bessent defends tariffs in part by saying dollar will gain, but there's skepticism over that
When asked to defend Trump's tariff plans, Bessent said in part that the U.S. dollar could appreciate by 4% in response to a ...
Bessent: Carbon tariffs could be part of an overall tariff program
President-elect Donald Trump's pick for U.S. Treasury Secretary, Scott Bessent, told U.S. senators on Thursday he is ...
Bessent: China Will Cut Prices In Response To Tariffs So They Can Continue To "Export Their Way Out Of Economic Malaise"
Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes ...
The ‘Trump bump’ has survived tariff announcements—but will it survive the good, the bad, and the unknown in his cabinet?
Trump's picks fit into three groups: the fortifiers (the good), the detractors (the bad), and the mercurial influencers who ...
Bessent has said it's 'absurd' to think Trump’s policies would be inflationary
Bessent today could again push back on the view that Trump’s economic policies — such as tariff increases, tax cuts that ...
Bessent: Three Reasons To Use Tariffs; Remedy Unfair Trade, Raise Revenue, Influence Negotiations
Donald Trump's nominee for Treasury Secretary Scott Bessent discussed three ways the U.S. could use tariffs during his confirmation hearing Thursday: BESSENT: The American people should think about ...
Bessent hearing previews fight over Trump agenda
The longtime hedge fund manager has strong support among the Republicans who control the Senate, and Democrats don’t have the ...
Dollar treads water ahead of CPI, tariffs remain in focus
The dollar weakened against the euro on Tuesday but stayed near its highest level in more than two years as ...