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 ...
China’s Growth Underscores Bessent’s Call to Rebalance Trade
President Xi Jinping’s government reached last year’s 5% growth target, a well-telegraphed victory that came as little ...
Treasury secretary nominee Bessent favors tax cuts, China tariffs, Russia sanctions
President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia ...
Scott Bessent wins Senate confirmation to become Treasury secretary
The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to become the next Treasury secretary and enact the ...
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Treasury Nominee Bessent Defends Trump Policies in Testimony; Promises to Press China to Resume Ag Purchases in Phase 1 Agreement
Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, ...
Scott Bessent: China Builds 100 Coal Plants Per Year, "That Is Not A Clean Energy Race, That Is An Energy Race"
Donald Trump's nominee for Treasury Secretary Scott Bessent told Sen. Ron Wyden why it is goofy to claim the U.S. is in an "arms race with China for clean energy." SCOTT BESSENT: Senator Wyden, just ...
Treasury nominee Scott Bessent clears key Senate hurdle on way to likely confirmation
Treasury Secretary designee Scott Bessent’s nomination advanced past a key Senate committee Tuesday, teeing up his likely ...
Ex-hedge fund manager Scott Bessent confirmed as Trump’s Treasury secretary
Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help avert a “crushing ...
Senate confirms Scott Bessent as Treasury secretary
The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new ...
Trump still mulling hitting Canada, Mexico, and China with tariffs on Feb. 1
The White House says that US President Donald Trump is still thinking about imposing tariffs on imports from Canada, Mexico ...
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
Senate Confirms Scott Bessent as Trump’s Treasury Secretary
The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting ...