Trump, Scott Bessent and Federal Reserve
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Treasury Secretary Scott Bessent told a room full of billionaires in Sun Valley that President Donald Trump shares a personality trait with his former boss, the famously liberal financier George Soros: Both are impatient when working on high-stakes deals.
T reasury Secretary Scott Bessent criticized Elon Musk 's new political party, saying the world's wealthiest man wasn't a popular part of the Trump administration. Asked about Musk's move, Bessent told CNN's Dana Bash that the ideas behind the administration's Department of Government Efficiency effort, also known as DOGE, were "very popular."
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President Donald Trump says “anybody” but Federal Reserve Chair Jerome Powell should head the central bank. Could that even include Treasury Secretary Scott Bessett — and would he be able to wear both hats?
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Treasury Secretary Scott Bessent had little to say about Elon Musk’s latest political venture, except that the former Trump adviser is unpopular. Bessent suggested that Musk’s “America Party” would hold little sway with voters,
Treasury Secretary Scott Bessent said that President Donald Trump will make the call on any extension of talks with trading partners past the July 9 deadline for higher tariff rates to kick back in.
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'Pretty Painful': When Peter Welch Clashed With Scott Bessent Over Trump's Tariffs During HearingDuring his remarks in a Senate hearing in June, Senator Peter Welch clashed with Scott Bessent over the Trump Administration's reckless use of tariffs, which he labeled "pretty painful."
Mr Bessent is set to visit the World Expo in Osaka on July 19. Read more at straitstimes.com. Read more at straitstimes.com.