Scott Bessent calls on Republicans to abolish the Senate filibuster in an article.
Treasury Secretary Scott Bessent recently urged Republicans to dismantle the filibuster in an op-ed published in the Washington Post. He argued that while the filibuster has often been celebrated as a cornerstone of Senate deliberation, it’s really more of a historical oversight, creating what’s essentially a permanent minority veto that stifles governance. Bessent stated, “What […]
Trump claims Powell has ‘mental issues,’ encourages Bessent to ‘address this guy:’ ‘I’d really like to let him go’
Trump Criticizes Federal Reserve Chairman Powell On Wednesday, President Trump expressed strong discontent with Federal Reserve Chairman Jerome Powell, suggesting he has “mental issues” and that he “wants to fire him,” though he claims Treasury Secretary Scott Bessent is stopping him from doing so. During the U.S.-Saudi Investment Forum held at the Kennedy Center in […]
Bessent cautions about an ideal scenario for inflation during Trump’s economic initiatives.
U.S. Treasury Secretary Discusses Economic Pressures U.S. Treasury Secretary Scott Bessent recently shared insights about the Trump administration’s initiatives aimed at making everyday life more affordable, including plans for $2,000 payments to working Americans. In an interview on “Sunday Morning Futures” with Maria Bartiromo from FOX Business, Bessent raised alarms about a potential “perfect storm” […]
Bessent states he will not head the Fed as Trump gains $1T investment commitment from Saudi Arabia.
Treasury Secretary Bessent Discusses Federal Reserve and Saudi Investments In a recent interview on Special Report, Treasury Secretary Scott Bessent made it clear that he’s not aiming for the role of Federal Reserve chairman. Instead, he plans to suggest another candidate and share his perspective on the selection process. “I can tell you without a […]
Bessent cautions about an inflation ‘perfect storm’ during Trump’s economic efforts
U.S. Treasury Secretary Discusses Inflation and Economic Plans U.S. Treasury Secretary Scott Bessent provided an update on the administration’s efforts to tackle affordability issues and plans for $2,000 checks for working Americans. His comments were made during an interview with FOX Business’ Maria Bartiromo on “Sunday Morning Futures.” Bessent highlighted that a “perfect storm” could […]
UBS chair discussed relocating the Swiss bank to the US with Scott Bessent
UBS Considers Headquarters Move to the U.S. Amid Capital Control Disputes Colm Kelleher, the Chairman of UBS, and U.S. Treasury Secretary Scott Bessent are reportedly having private discussions about relocating the bank’s headquarters to the United States. This comes as the Zurich-based lender contemplates its options in response to proposed capital controls from the Swiss […]
Treasury Secretary Scott Bessent cautions about the ‘perfect storm’ driving ground beef prices to $10 a pound.
WASHINGTON — The cost of steak is on the rise. On Sunday, top officials from President Trump’s administration defended his efforts to tackle the increasing food prices in the wake of the unrest. Reports suggest that ground beef prices may reach $10 per pound soon. Treasury Secretary Scott Bessent attributed the high prices to a […]
Scott Bessent Shares His Expectations for the Supreme Court’s Decision on Trump’s Authority to Impose Tariffs
Treasury Secretary Expresses Confidence in Supreme Court Ruling on Tariffs On Sunday, Treasury Secretary Scott Bessent shared his optimism with Maria Bartiromo of Fox News regarding the U.S. Supreme Court’s upcoming decision about President Donald Trump’s tariffs. He mentioned that the court usually refrains from intervening in the president’s major policies. The Supreme Court is […]
Trump and Scott Bessent Have Different Views on Tariff Rebate Checks
Bessent Responds to Trump’s Tariff Refund Promise Treasury Secretary Scott Bessent recently addressed President Donald Trump’s proposal regarding tariff refund checks. On Sunday, Trump announced via Truth Social that funds generated from tariffs would be used to provide a dividend of at least $2,000 to every American, excluding high-income earners. However, Bessent clarified during an […]
Treasury Secretary Bessent criticizes MSNBC for its claims about the Argentina ‘bailout’
Treasury Secretary Responds to Mischaracterization of Argentina Aid Treasury Secretary Scott Bessent clarified after MSNBC suggested that the Trump administration was offering “bailouts” to Argentina. Bessent emphasized, “Most bailouts don’t make money. The U.S. government did.” In October, news surfaced regarding a $20 billion currency swap deal between the Trump administration and Argentina. Media outlets […]