Trump, Bessent and American Dream
The Biden administration’s trade policies face renewed scrutiny as Treasury Secretary Scott Bessent defends President Donald Trump's tariffs on Thursday. Speaking at the Economic Club of New York, Bessent framed the administration's trade measures as necessary to restore economic balance,
Treasury Secretary Scott Bessent rejected the idea that President Donald Trump’s tariff hikes will ignite a new wave of inflation, and suggested that the Federal Reserve ought to view them as having a one-time impact.
The elegant, old school South Carolinian emphasizes deregulation, especially in the banking sector — and the importance of reducing government jobs
The Treasury secretary said the administration is focused on allies’ trading practices and foes’ energy exports.
Bessent told Fox & Friends that the commander-in-chief’s top priority is living the living standards of ordinary Americans
President Donald Trump is casting doubt -- without providing evidence -- over whether much of the nation's store of gold still exists at the famous United States Bullion Depository at Fort Knox, Kentucky, raising questions about whether somebody "stole" it. What's more, he's said he wants to go to Fort Knox to see for himself.
Revenue from new import duties “could be very substantial,” Treasury Secretary Scott Bessent said.
U.S. Treasury Secretary Scott Bessent on Thursday brushed off fears that the Trump administration's tariff hikes will lead to a fresh wave of inflation, arguing they will amount to a one-time price bump.
Treasury Secretary Scott Bessent said Thursday that 'I am not worried about inflation' resulting from President Donald Trump’s new tariffs, although he did acknowledge 'we could get a one-time price adjustment.
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