Bessent

Politics

Watch live: Bessent testifies on Treasury oversight as economic turmoil mounts

Treasury Secretary Scott Bessent will testify before a House Appropriations Committee panel on Tuesday morning, as economic uncertainty continues to…

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Business

What Treasury Secretary Scott Bessent said at the Milken event (and how his critics responded)

In today’s CEO Daily: Diane Brady at the Milken Institute Global Conference in Los Angeles. The big story: Trump’s movie…

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Politics

Bessent says he doesn't know if Trump, Xi have talked on trade

Treasury Secretary Scott Bessent said on Sunday he doesn’t know whether President Trump and Chinese President Xi Jinping have recently…

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Business

Reeves and Bessent can see ‘landing zone’ for a UK-US trade deal, say British officials

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and…

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Business

Reeves rejects parts of Trump’s economic agenda before talks with Bessent

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Business

Scott Bessent warns mutual de-escalation required in US-China trade war

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and…

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Business

Stock market rallies after Treasury Secretary Bessent tells a closed-door investor summit that the tariff standoff with China is unsustainable

After starting the week with a sharp selloff, stocks recovered most of their losses on Tuesday as the S&P 500…

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Business

The IRS interim commissioner was just ousted after Scott Bessent reportedly fussed to Trump that Elon Musk installed the leader behind his back

The acting commissioner of the IRS was fired Friday after Treasury Secretary Scott Bessent reportedly complained to President Donald Trump…

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Business

Scott Bessent takes the lead as Trump advisers spar over tariffs

An upbeat Scott Bessent walked into the US Treasury department on Tuesday, optimistic that the tensions between America and some…

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Politics

Bessent: 'More than 50 countries' approached administration to lower tariffs, trade barriers and halt 'currency manipulation'

Treasury Secretary Scott Bessent claimed Sunday that “more than 50 countries” have approached the Trump administration to bring down “non-tariff…

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