Scott Bessent
Scott Bessent sees ‘unruly’ Chinese trading behind gold price swings
The turmoil has helped lift the US dollar to its first weekly gain since early January
US Treasury’s Bessent says Fed will take its time on balance sheet moves
[WASHINGTON] US Treasury Secretary Scott Bessent said on Sunday he would not expect the Federal Reserve to move quickly to shrink its balance sheet, even under Fed chief nominee Kevin Warsh, who has c...
Canada’s Carney walked back Davos comments in call with Trump, US treasury chief says
World leaders and industry chiefs had given Carney a standing ovation for his speech
Japan finance minister says US Treasury’s Bessent shares concerns about weak yen
JAPAN’S Finance Minister Satsuki Katayama said she and US Treasury Secretary Scott Bessent shared concerns over what she called the yen’s recent “one-sided depreciation”, as Tokyo stepped up threats o...
US urges partners and allies to increase critical minerals supply chain resiliency
[WASHINGTON] US Treasury Secretary Scott Bessent held a meeting on Monday with ministers from different US partners and allies “to discuss solutions to secure and diversify supply chains for critical ...
Bessent worried more about loss of leverage than revenue if Trump loses Supreme Court case
[GOLDEN VALLEY, Minnesota] US Treasury Secretary Scott Bessent on Thursday said he was confident in the ability to reconstitute any lost tariff revenue by imposing duties under other legal authorities...
US Treasury chief Bessent calls for simplified Fed as he ends candidate interviews
His final second-round interview with the five candidates to succeed chair Jerome Powell takes place on Tuesday
No recession risk for US economy as a whole after US$11 billion shutdown hit: Bessent
Bessent struck an upbeat tone, despite recent data showing a slowdown in US factory activity
Trump could announce next Fed chair before Christmas, Bessent tells Fox News
US PRESIDENT Donald Trump will meet the final shortlist of candidates for the next Federal Reserve chair after Thanksgiving and he could announce his pick before Christmas, US Treasury Secretary Scott...
US hopes to finalise rare earths deal with China this month: Bessent
US TREASURY Secretary Scott Bessent said on Sunday that Washington hopes to finalise a deal with China for securing supplies of rare earths by the Thanksgiving holiday at the end of November.
