Treasury Secretary Scott Bessent's View on Breitbart News

Treasury Secretary Scott Bessent considers Breitbart News his number one news source, particularly enjoying the Business Digest newsletter. He clarified comments made about Breitbart during a House panel, which were misconstrued by the Daily Beast. Bessent will appear at a Breitbart News event in June.

Federal Reserve Chair Succession Speculation

Treasury Secretary Scott Bessent is not seeking to succeed Jerome Powell as Fed chair, preferring to remain in his current role. The administration is considering other candidates aligned with their views. Trump has been critical of Powell's leadership.

Treasury Secretary Scott Bessent's Testimony on Trump's Tax Reforms and Trade Talks with China

Treasury Secretary Scott Bessent testifies before the Senate Finance Committee on Trump's proposed tax reforms. He also participated in trade talks with China in London.

Treasury Secretary Scott Bessent Testifies Before Committees

Treasury Secretary Scott Bessent testifies before Senate and House committees about President Trump's Big Beautiful Bill after participating in trade talks with China in London.

Treasury Secretary Testifies Before Congressional Committees

Treasury Secretary Scott Bessent testifies before House Ways and Means Committee and Senate, following trade talks with China in London.

Trade Talks with China

Treasury Secretary Scott Bessent left trade talks with China in London, Commerce Secretary and U.S. Trade Representative continue discussions. Talks have been extended into Tuesday night with a possibility of continuation on Wednesday.

Treasury Secretary's Comments on Moody's Credit Rating Downgrade and Tariffs

Treasury Secretary Scott Bessent dismisses Moody's credit rating downgrade as a 'lagging indicator' related to Biden administration's spending policies. He denies pressuring Walmart on tariffs and highlights negotiation leverage on tariffs. Sen. Chris Murphy criticizes Bessent's comments on the credit downgrade, warning of potential negative economic impacts.

U.S.-China Trade Relations

Treasury Secretary Scott Bessent stated that the U.S. doesn't want a total decoupling from China, but rather a decoupling on strategic industries. The focus is on fair trade and bringing back strategic manufacturing to the U.S.

Treasury Secretary's comments on recession and President Trump's budget bill

Treasury Secretary Scott Bessent believes there is no reason for markets to be concerned about a recession despite rising chances due to tariffs. He is confident in passing President Trump's budget bill before August recess.

Treasury Secretary's Focus on Small Business Lending and Regulation

Treasury Secretary Scott Bessent is focusing on ensuring banks can lend to small businesses and re-focusing regulations on safety and soundness. Silicon Valley Bank failed due to regulators being distracted by issues like climate change and DEI. Capital requirements will be adjusted to support American innovation and business.

Appointment of an Affordability Czar to Tackle High Prices

Treasury Secretary Scott Bessent plans to appoint an 'affordability czar' to address high prices affecting consumers, focusing on areas that can make a big difference for working-class Americans.

U.S. Financial Markets React to Scott Bessent's Nomination as Treasury Secretary

Investor Scott Bessent nominated as Treasury Secretary by Donald Trump resulted in a positive response in U.S. financial markets with stocks rising. Bessent aims to prioritize tax cuts and reduce the deficit. Treasury yields fell, reflecting reduced concerns about inflation and budget deficits. Global stock markets had mixed reactions.

Scott Bessent's transition from Democratic donor to Trump Treasury Secretary pick

Scott Bessent, a former Democratic donor, was chosen by President-elect Donald Trump to be his Treasury secretary. Bessent has a diverse background, having worked with liberal billionaire George Soros, donated to top Democrats, and later becoming a major Republican donor. He aims to lead economic reforms under Trump, including tax cuts, trade negotiations, and regulatory changes.

Nomination of Scott Bessent for Treasury Secretary by President-elect Donald Trump

President-elect Donald Trump nominated Scott Bessent, a prominent investor and CEO of Key Square Capital Management, for Treasury Secretary. Bessent is known for advocating America First economic policies, including the use of tariffs to revitalize American industry.

Treasury Secretary Janet Yellen's comments on inflation and the economy

Treasury Secretary Janet Yellen believes that inflation will stabilize in the next year, despite concerns about rising costs of living for Americans.

Treasury Secretary Janet Yellen's Comments on China's Green Energy Exports

Treasury Secretary Janet Yellen discusses potential measures, including tariffs, on China's green energy exports. Concerns raised about oversupply of subsidized Chinese clean energy products. U.S. and allies worried about unfair trade practices and competition in green technology industry.

Treasury Secretary Janet Yellen's Meetings in China

Treasury Secretary Janet Yellen is visiting China for four days of meetings with Chinese officials to increase high-level communication and deepen dialogue. She will discuss unfair trade practices, global economic consequences of Chinese industrial overcapacity, countering illicit finance, financial stability, climate change, and resolving debt distress in developing nations.

Treasury Secretary Janet Yellen Denies Knowledge of Report Linking Conservative Groups to Hate Groups

During an interview, Treasury Secretary Janet Yellen denied knowledge of a report linking conservative groups to hate groups that was allegedly flagged by the Treasury Department.