Scott Bessent
Bessent says Aug. 12 China tariff deadline likely to be extended, talks planned in Stockholm
US Secretary of the Treasury Scott Bessent, left, speaks with Chinese Vice Premier He Lifeng, right, during a bilateral meeting between the United States and China, in Geneva, Switzerland, on Saturday, May 10, 2025. Keystone/eda/martial Trezzini | Via Reuters Treasury Secretary Scott Bessent on Tuesday said that he is likely to hash out an extension […]
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CNBC Daily Open: Investors dismiss Trump administration’s beef with the Fed — S&P 500 hits new high
U.S. Treasury Secretary Scott Bessent sits to testify before a House Ways and Means Committee hearing on Capitol Hill in Washington, D.C., U.S., June 11, 2025. Elizabeth Frantz | Reuters With the job market currently being rough for many — in no small part because of artificial intelligence — it may be tempting to enroll […]
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South Korea fin min, trade envoy to hold 2+2 trade talks with U.S. counterparts
South Korea’s new finance minister and the country’s top trade envoy will meet with U.S. counterparts on Friday for talks on U.S. tariffs. RunPhoto | Photodisc | Getty Images South Korea’s new finance minister and the country’s top trade envoy will meet with U.S. counterparts on Friday for talks on U.S. tariffs, Finance Minister Koo Yun-cheol said on Tuesday. The country’s foreign and industry ministers will also visit […]
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Bessent: Imposing Aug. 1 tariffs ‘will put more pressure’ on trade partners for deals
Scott Bessent, US treasury secretary, during a Bloomberg Television interview in New York, US, on Friday, May 23, 2025. Bloomberg | Bloomberg | Getty Images Treasury Secretary Scott Bessent said Monday that implementing high tariff rates on countries starting August 1 “will put more pressure on those countries to come with better agreements.” Bessent’s remarks […]
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Bessent tried to dissuade Trump from firing Powell: WSJ
Scott Bessent, US treasury secretary, during a Bloomberg Television interview in New York, US, on Monday, June 30, 2025. Victor J. Blue | Bloomberg | Getty Images Treasury Secretary Scott Bessent recently urged President Donald Trump not to fire Treasury Secretary Jerome Powell, warning of the potential economic, political, and legal consequences of such a […]
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Global week ahead: Trade tensions cloud earnings and the G20 heads south
Jason Hawkes | Riser | Getty Images Earnings season always seems to roll around with alarming frequency. The newsroom approaches each quarter with a nervous energy, but this summer it feels especially heightened. Recent market records in both the U.S. and Europe, alongside an unpredictable economic environment, paint a complicated picture for the second half. […]
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European markets head for a lower open as traders digest Trump’s tariffs announcement
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Trump administration teases more trade deals, but shifting tariff deadlines raise more questions
Treasury Secretary Scott Bessent on Monday said the Trump administration will make “several” trade-related announcements in the next 48 hours, signaling imminent progress even as U.S. tariff deadlines appear to be shifting. Speaking on CNBC’s “Squawk Box,” Bessent also declined, yet again, to rule out the possibility that he could serve as the next chair […]
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Asia-Pacific markets mostly lower after Trump shifts goalposts on tariffs again
Waterfront city skyline of Sydney city downtown at night with bright illumination of modern architectural landmarks in Sydney, Australia. Prasit Photo | Moment | Getty Images Asia-Pacific markets traded mostly lower on Monday after U.S. President Donald Trump confirmed that tariffs, first announced in April, will take effect on August 1 for countries that haven’t […]
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Bessent: Tariffs will ‘boomerang’ back to April levels by Aug. 1 for countries without deals
U.S. Treasury Secretary Scott Bessent speaks to reporters at the U.S. Capitol as Republican lawmakers struggle to pass U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., June 27, 2025. Elizabeth Frantz | Reuters Treasury Secretary Scott Bessent said Sunday that tariffs announced back in April will take […]
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