Scott Bessent calls government shutdown a bigger story than stock market shock
Treasury Secretary Scott Bessent downplayed on Thursday the negative impacts of President Donald Trump‘s tariffs as he said a ...
Secretary of Treasury Scott Bessent downplays economic fears around tariffs
U.S. Secretary of Treasury Scott Bessent speaks to reporters on the White House lawn on Mar. 13, 2025. Copyright 2025 The ...
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 ...
Business leaders urge a long view over tariff turmoil—but consumers and companies are spooked
Last week, I spent a lot of time at the Bloomberg Invest summit listening to business leaders like Carlyle CEO Harvey ...
Treasury secretary suggests stock market obsession with recession misses the point
The big "R" has become a major focus among stock market participants this month—and for good reason. We've seen a slate of ...
Treasury secretary suggests recession obsession misses the point
We've seen a slate of concerning economic data on inflation and jobs, and uncertainty over tariffs hasn't helped combat ...
Investors fear that market turmoil will no longer rein in Trump
Also in today’s newsletter, meet the revered Wall Street veteran with two protégés planted in the president’s inner circle ...
This week the focus may well be on US JOLTs tomorrow and CPI on Wednesday
She says Bessent “is easily one of the most market literate Treasury Secretary that the US has had in a long time. It matters ...
John Fetterman has voted yes on eight of Trump’s cabinet picks so far. How local Senators are voting on confirmations.
President Donald Trump picks every member of his cabinet, but he needs the support of a majority of the Senate for them to be confirmed. A Senate committee questions each nominee in a hearing before ...
Markets head for worst week this year as uncertainty over Trump tariffs still reigns over investors
A weaker-than-expected jobs report suggests trade policy and DOGE cuts could be weighing on hiring, including in the private ...
Treasury Secretary has blunt 3-word response to stock market drop
The stock market has had a terrible start to March. After the S&P 500 delivered an impressive 24% return last year, it hit ...
Who is Scott Bessent, Donald Trump's Treasury chief
Scott Bessent, a seasoned Wall Street investor, was confirmed on January 28, 2025, as the 79th US Secretary of the Treasury, ...