Bessent criticizes Democratic states for obstructing aspects of Trump’s tax bill.
Criticism by Treasury Secretary on State Tax Breaks Treasury Secretary Scott Bessent is expressing strong disapproval of several Democratic-led states for not embracing President Trump’s significant tax reforms, known as the “one big beautiful bill” (OBBB). This sweeping legislation aims to provide considerable tax relief. Bessent pointed out that states like Colorado, New York, Illinois, […]
Treasury Secretary Bessent anticipates the US will close 2025 with a 3% GDP growth.
House Speaker Addresses GOP Criticism and Economic Outlook House Speaker Mike Johnson recently appeared on Barney & Co., discussing various topics including the criticism facing Republican leadership, the Supreme Court’s decision on Texas legislative maps, and issues surrounding affordability. Treasury Secretary Scott Bessent made a prediction about the U.S. economy, suggesting that the gross domestic […]
Trump’s Problem Solver: Scott Bessent ready to address the affordability issue
Challenges Ahead for Treasury Secretary Scott Bessent Treasury Secretary Scott Bessent is now facing what might be his most significant challenge yet: tackling the affordability crisis while shaping President Trump’s policies related to tariffs, taxes, and the massive $38 trillion national debt. The months leading up to the U.S. midterm elections are pivotal for Bessent, […]
Treasury Secretary Scott Bessent criticizes the New York Times during their summit
U.S. Treasury Secretary Critiques New York Times at Summit U.S. Treasury Secretary Scott Bessent took aim at the New York Times during a summit, accusing the publication of misreporting on President Donald Trump’s health. This happened at the 2025 DealBook Summit held in New York City, where Bessent expressed concerns over recent articles claiming a […]
Scott Bessent criticizes NY Times for its reporting on Biden’s decline
Scott Bessent Critiques New York Times Coverage of Trump’s Health Scott Bessent did not hold back during a recent discussion at the New York Times’ Dealbook Summit in New York City. He criticized the publication for what he sees as skewed reporting on President Trump’s health, while saying it fails to adequately cover former President […]
Treasury Secretary Scott Bessent takes steps to eliminate tax benefits and cross-border money transfers for illegal migrants
Treasury Secretary Scott Bessent announced on Friday that the Trump administration plans to prevent illegal immigrants from receiving federal tax benefits and using money transfer services. “At the direction of President Trump, we are working to exclude illegal aliens from federal benefits while ensuring they remain available for U.S. citizens,” Bessent shared. As part of […]
Treasury Secretary Bessent labels NYC Mayor-elect Mamdani as a leader of the Democratic Party
Scott Bessent Calls Zoran Mamdani the Leader of the Democratic Party Treasury Secretary Scott Bessent expressed his views during a recent interview, asserting that the newly elected Mayor of New York City, Zoran Mamdani, has emerged as a prominent figure in the Democratic Party. Bessent mentioned to CNBC’s Andrew Ross Sorkin that Mamdani ran an […]
Bessent states there’s a strong possibility Trump will appoint a new Fed chair before Christmas.
Potential Change at the Federal Reserve On Tuesday, Treasury Secretary Scott Bessent indicated that it’s “very likely” President Trump will announce a new Federal Reserve Chairman to succeed Jerome Powell by Christmas. Bessent, who is heading the search for Powell’s replacement, mentioned that he has just one more interview to conduct. He refrained from guessing […]
Bessent Believes It’s Time to Abolish the Filibuster
Treasury Secretary Urges Filibuster Repeal Amid Possible Government Shutdown Treasury Secretary Scott Bessent is encouraging Senate Republicans to consider abolishing the filibuster if Democrats lead to another government shutdown in January. Bessent argues that the recent shutdown demonstrated how the filibuster, which typically requires 60 votes for most legislation, has turned into a tool for […]
Bessent Claims Trump Administration Has Overcome ‘Three I’s’ That Were Hurting Working Americans
Treasury Secretary Discusses Economic Challenges Treasury Secretary Scott Bessent shared insights in an interview regarding the Trump administration’s success in addressing the significant issues impacting the working class: immigration, interest rates, and inflation. He highlighted these factors as particularly detrimental. In a March 2024 article for Fox Digital, he elaborated on his perspective, suggesting that […]