News

Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started
Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome ...
Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’
The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.
Bessent drops a key line about trade deadlines that investors should pay attention to
That looming U.S.-China trade deadline? Don’t think too much about it, Treasury Secretary Scott Bessent is counseling ...
Bessent no-show, BRICS tensions set to cast shadow over Durban G20 meeting
Donald Trump's tariff threats and rising tensions between Washington and BRICS countries look set to overshadow this week's ...
Trump and George Soros have this character trait in common, Treasury Secretary Scott Bessent says
Treasury Secretary Scott Bessent drew a provocative comparison between his current boss, Trump and his former mentor, the ...
Treasury Secretary Scott Bessent says don't read too much into one month's inflation data
Treasury Secretary Scott Bessent, in an interview on Bloomberg Television, said he hasn't looked at the CPI number that's ...
Explore more
Bessent Tells Markets Not to Worry About China Tariff Deadline
Most Read from BloombergAdvocates Fear US Agents Are Using ‘Wellness Checks’ on Children as a Prelude to ArrestsThe Dutch ...
Japan PM to meet Bessent on Friday, Yomiuri says
Japanese Prime Minister Shigeru Ishiba is arranging to meet U.S. Treasury Secretary Scott Bessent in Tokyo on Friday, the ...