News

Bessent defends tariff policy as retailers weigh price hikes: "Some are and some aren't"
As the trade standoff with China continues, President Trump announced the tariff on foreign steel will double from 25% to 50% ...
US will never default on its debt, Bessent says
Treasury Secretary Scott Bessent was firm on Sunday that the United States will never default on its debt, saying the country is “on the warning track and we will never hit the wall.” In a Sunday ...
Dow futures dip as Wall Street weighs likelihood of Trump’s latest tariff threat, while U.S. eyes call to resolve China trade snag
The so-called TACO trade will be tested as markets wait to see if Trump will actually follow through with his latest threat ...
Trump And Bessent Do A 180-Degree Turn And That Is A Very Bullish Factor For The Stock Market
Trump and Bessent reversed course after crash, shifting from deficit reduction to prioritizing economic growth over debt ...
Bessent says US will never default
Treasury Secretary Scott Bessent said the U.S. “is never going to default” as the deadline for increasing the federal debt ...
Treasury Secretary Scott Bessent reminds CBS anchor about wrong inflation prediction: ‘Numbers are the best in 4 years’
Treasury Secretary Scott Bessent took a victory lap Sunday over recent inflation numbers that show a key benchmark hitting a ...
Elon 'shoved' 62-year-old Scott Bessent and Trump did not side with Musk: Wild tales from White House
Elon Musk physically 'shoved' Donald Trump's treasury secretary Scott Bessent and it was not an argument but a full-blown ...
Bessent says it was ‘highly inappropriate’ for courts to block Trump tariffs after Senate ‘chose not to’
A trade court blocked the tariffs Wednesday, saying Trump didn't have the authority to impose them, but they have been ...