News

Bessent Says He’s Not Pushing Fed Cuts, Just Touting Models

US Treasury Secretary Scott Bessent said he isn’t calling for a series of interest-rate cuts from the Federal Reserve, just ...

Bessent walks back rate cut remarks: 'I didn't tell the Fed what to do'

U.S. Treasury Secretary Scott Bessent clarified Thursday he is not calling for interest-rate cuts by the Federal Reserve, ...

Bessent outlines Trump administration plans for tariffs, housing crisis and Fed chairman selection

U.S. Treasury Secretary Scott Bessent, in a wide-ranging interview on 'Mornings with Maria,' weighs in on President Donald Trump's meeting with Vladimir Putin, updates U.S.-China trade talks and ...

Bessent Says Interest Rates Should Fall by at Least 1.5 Percentage Points Over Time

Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...

Bessent Has Yet to Fully Divest Assets, Raising Concern at Ethics Agency

The Treasury secretary has been slow to shed assets, including farmland, posing potential conflicts of interest.

Bessent Calls On BOJ To Raise Rates; U.S. Dollar Mostly Firmer, Yen Rises

The yen is rising for the third consecutive session, apparently boosted by calls from the US Treasury Secretary for the Bank ...

Bessent’s Rebuke to BOJ’s Cautious Approach Sends Yen Higher

US Treasury Secretary Scott Bessent criticized the Bank of Japan’s cautious approach to raising interest rates, saying it was ...

Bessent says BOJ is 'behind the curve' on inflation, likely to hike rates, in Bloomberg interview

The Bank of Japan will likely be raising interest rates as it is behind the curve in dealing with the risk of inflation, U.S.

Treasury's Bessent says he doesn't support suspending monthly jobs reports

Treasury Secretary Scott Bessent defended releasing monthly jobs reports amid accuracy concerns, emphasizing the need for ...

Bessent Given Extension to Divest After Missing Ethics Deadline

Treasury Secretary Scott Bessent has been granted an extension after failing to fully divest all his assets in compliance ...

Treasury Secretary Scott Bessent fails to divest his financial holdings and hit with watchdog warning

Trump’s Treasury Secretary Scott Bessent has failed to divest his financial holdings, the government’s ethics watchdog has ...