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 ...
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 ...
Confirmation hearings day 3 highlights: Doug Burgum, Scott Bessent and other Cabinet picks face Senate questions
In a new memo obtained by NBC News, Senate Finance Democratic tax staff found that Scott Bessent avoided over $950,000 of ...
Bessent: Carbon Tariffs Could Be Part of an Overall Tariff Program
Scott Bessent, U.S. President-elect Donald Trump's nominee to be secretary of treasury, looks on as he sits near his son Cole ...
Bessent says U.S. must 'get our fiscal house in order,' a view that's key for markets
In his opening remarks, Bessent said the federal government "has a significant spending problem, driving deficits that have ...
PHOTO COLLECTION: Trump Cabinet Bessent
This is a collection of photos chosen by AP photo editors.
Scott Bessent believes federal minimum wage should not be increased
Scott Bessent, President-elect Trump's pick to serve as treasury secretary, told Sen. Bernie Sanders, I-Vt., that the minimum ...
Bessent warns of ‘devastating’ consequences if tax cuts lapse
Taxes and tariffs took center stage Thursday at the Senate Finance Committee’s confirmation hearing for President-elect ...