Trump's Treasury Secretary Bessent threatens the largest tax hike in history
US Treasury Secretary Bessent: Failure to get the tax bill done will result in the “largest tax hike in history” Happy days. More: Trumps wants...
Tag : Bessent
Bessent Takes Helm of Consumer Finance Watchdog, Orders Halt to Work
Treasury Secretary Scott Bessent is ordering a freeze to work at the Consumer Financial Protection Bureau, after being named its acting director by President Trump...
US TreasSec Bessent said tariffs inflationary, not good "for a US industrial renaissance”
US Treasury Secretary Scott Bessent in a letter to partners of Key Square Capital Management on January 31, 2024. “Tariffs are inflationary and would strengthen...
USD surging again – Trump tariff threats, Bessent want tariffs too
Trump continues to promise tariffs: More from Trump – will place tariffs on computer chips, pharmaceuticals Earlier: Bessent wants a gradual rise in tariffs, could...
Bessent is pushing a starting 2.5% universal US tariff plan, which would rise each month
A majority of the US Senate votes to confirm Scott Bessent as Treasury Secretary. Meanwhile, the Financial Times report that Bessent is pushing a gradual...
Trump’s US Treasury pick Bessent says dollar must remain world’s reserve currency By Reuters
By David Lawder and Lawrence Delevingne WASHINGTON (Reuters) -Scott Bessent, U.S. President-elect Donald Trump’s choice to head the Treasury Department, on Wednesday vowed to ensure...
Bessent expected to say “must ensure that US dollar remains the world’s reserve currency”
From Scott Bessent’s expected remarks to the US Senate Finance Committee Hearing to Consider his nomination to be Secretary of the Treasury: We must secure...