Bessent: Carbon tariffs could be part of an overall tariff program
President-elect Donald Trump's pick for U.S. Treasury Secretary, Scott Bessent, told U.S. senators on Thursday he is ...
Bessent defends tariffs in part by saying dollar will gain, but there's skepticism over that
When asked to defend Trump's tariff plans, Bessent said in part that the U.S. dollar could appreciate by 4% in response to a ...
Bessent: China Will Cut Prices In Response To Tariffs So They Can Continue To "Export Their Way Out Of Economic Malaise"
Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes ...
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Treasury Nominee Bessent Defends Trump Policies in Testimony; Promises to Press China to Resume Ag Purchases in Phase 1 Agreement
Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, ...
Investors rejoice at Scott Bessent confirmation testimony
Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.
Bessent warns of ‘devastating’ consequences if tax cuts lapse
Taxes and tariffs took center stage Thursday at a hearing for President-elect Donald Trump’s intended Treasury secretary ...
Dollar treads water ahead of CPI, tariffs remain in focus
The dollar weakened against the euro on Tuesday but stayed near its highest level in more than two years as ...