Scott Bessent says the U.S. economy is detoxing but that doesn’t mean there will be a recession: ‘I’m not concerned about a little bit of volatility over three weeks’
But Treasury Secretary Scott Bessent, who was a hedge-fund chief prior to his political appointment, isn’t worried. “I’m not ...
Treasury secretary dismisses market volatility amid Trump economic moves
Treasury Secretary Scott Bessent said market volatility doesn't matter much as the Trump administration focuses on long-term ...
Treasury Secretary tells stock investors to focus on the long term
Treasury Secretary Scott Bessent on Thursday tried to calm investors worried that the administration would tip the economy into recession. In an interview on CNBC, Bessent said he wasn't worried about ...
Bessent brushes off stock dips, recession concerns as ‘a little bit of volatility’ short-term
The Trump administration has repeatedly tried to brush off concerns that American consumers would take hits amid market chaos.
U.S. officials act to block illicit Iranian oil trade with China
Iran is operating a ghost fleet to sell oil to China in violation of existing sanctions, which U.S. officials seek to stop ...
Here's Where to Look for Early Signs of a Recession; How Wall Street and Business Got Trump Wrong
Major economic data hasn't yet begun to fully capture Trump's time in office. The Wall Street Journal is looking at a host of other indicators to try to figure out whether the U.S. might skirt a ...
Schumer to support GOP funding bill, unwilling to risk government shutdown as deadline nears
Senate Democratic leader Chuck Schumer has announced he's ready to start the process of considering a Republican-led spending ...
TASS Russian News Agency4h
Bloomberg links strengthening of anti-Russian sanctions to Treasury Secretary’s position
This refers to License 8L of the US Treasury that authorized transactions of such kind by March 12 of this year ...
S&P 500 Dips Closer to Correction Territory
The White House’s tariff threats have sent the S&P 500 spiraling near correction territory, but Treasury Secretary Scott ...
Trump threatens 200% tariff on alcohol from EU countries
Earlier today, Trump shared on social media that he would put a 200% tariff on European alcohol, in response to the EU's ...