Scott Bessent

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 Secretary Scott Bessent says: “I realise the Fed has become this very complicated operation.”

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

US Treasury Secretary Scott Bessent told NBC’s "Meet the Press" programme that parts of the US economy that are sensitive to interest rates, including housing, had been in recession, but he did not see the entire economy at risk of negative growth.

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

US Treasury Secretary Scott Bessent said President Trump could announce the next Federal Chair before Christmas.

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...

China is hugely dominant in the mining and processing of rare earths, which are essential for sophisticated electronic components across a range of industries including auto, electronics and defence.

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.

Trump’s meeting with Xi this week will be their first face-to-face sit-down since his return to the White House.

US, China tee up sweeping trade deal for Trump, Xi to finish

US Treasury chief says 100% tariff on China off the table, expects it to make “substantial” soybean purchases and defer rare earth action

US Treasury Secretary Scott Bessent (left) and Trade Representative Jamieson Greer insist Washington is not seeking decoupling or escalation with China.

US trade chief Greer, Treasury’s Bessent heading to Malaysia for talks with Chinese counterparts

US sees a “good landing zone” still exists for more balanced trade with China

US Treasury Secretary Scott Bessent told a CNBC event that China’s dramatic new restrictions on rare earth minerals and magnets demonstrates the need for the US to be self-sufficient in critical materials or rely more on trusted allies.

US may seek more stakes in strategic companies to counter China, Bessent says

[WASHINGTON] The Trump administration will seek to tighten control over strategic sectors by taking more equity stakes in key companies to counter China’s economic policies and export restrictions, Tr...

The US and China have agreed to a series of 90-day truces since earlier this year, with the next deadline looming in November.

Trump declares US-China trade war, Bessent floats long truce

The duelling remarks underscored the whiplash investors have felt as tensions have flared in the relationship between Washington and Beijing

US President Donald Trump is ready to meet Chinese President Xi Jinping and officials from both countries are working to set up a meeting.

Trump is a 'go' on meeting with China's Xi, Bessent tells CNBC

Officials from both countries are working to set up a meeting