US economic worries mount as Trump implements tariffs, cuts workforce and freezes spending
President Donald Trump's flurry of tariffs, government layoffs and spending freezes may be doing more to harm the U.S.
Scott Bessent says the U.S. economy is detoxing but that doesn’t mean there will be a recession: ‘I’m not concerned about a little bit of volatility over three weeks’
But Treasury Secretary Scott Bessent, who was a hedge-fund chief prior to his political appointment, isn’t worried. “I’m not ...
Scott Bessent calls government shutdown a bigger story than stock market shock
Stock markets have taken a dive as Trump continues implementing a sweeping tariff agenda, including new 25% duties on steel and aluminum.
Bessent Says Recent Decline in Dollar Is a Natural ‘Adjustment’
Treasury Secretary Scott Bessent played down the recent decline in the US dollar, saying it was a natural “adjustment” as ...
US will use stablecoins to ensure dollar hegemony — Scott Bessent
United States Treasury Secretary Scott Bessent said that the US government will use stablecoins to protect the US dollar and ...
Treasury Secretary Bessent says a ‘detox' period for the economy does not have to be a recession
Treasury Secretary Scott Bessent said Thursday that his previous comments about a " detox period " for the U.S. economy did ...
The Daily Hodl6d
Treasury Secretary Scott Bessent Says US Should Take Worldwide Lead in Crypto, Strive To ‘Bring It Onshore’
Treasury Secretary Scott Bessent says that the US should become a global leader in digital assets. In a new interview with ...
Treasury Secretary Scott Bessent says the economy may slow as part of a ‘detox’ from government spending
Treasury Secretary Scott Bessent said the U.S. economy may be “starting to roll a bit,” as data suggests last year’s red-hot ...
Wall Street Journal2d
Treasury Secretary Bessent Weighs In Against Consolidation of Banking Agencies
Scott Bessent is staking out a leadership role for the Treasury Department in the Trump administration’s deregulatory campaign. In a speech to The Economic Club of New York Thursday, the ...
Wall Street Journal1d
Trump’s Economic Messaging Is Spooking Some of His Own Advisers
White House press secretary Karoline Leavitt said the U.S. was in a ‘period of economic transition.’ Photo: Evelyn Hockstein/Reuters WASHINGTON—President Trump’s stop-and-start trade ...
The New York Times1d
Book Review
Other authors who mean a lot to the musician (and now children’s book writer): Kevyn Aucoin and Hilary Mantel. Karen Russell’s “The Antidote” is set in 1930s Nebraska, when the promising ...