Tag: Scott Bessent
Trump says Intel agreed to give the government 10% of the chipmaker. ‘We do a lot of deals like that. I’ll do more of them’
President Donald Trump said Friday that American chipmaker Intel had agreed to give the U.S. government a 10% stake, which amounts to roughly $10...
Moments after Jerome Powell’s latest speech, Trump threatens to fire Fed governor Lisa Cook if she doesn’t resign
Moments after Federal Reserve Chair Jerome Powell’s closely watched speech at the Jackson Hole symposium on Friday, President Donald Trump dramatically escalated his ongoing...
Trump removes Billy Long as IRS commisioner less than 2 months after his confirmation
WASHINGTON – President Donald Trump has removed former U.S. Rep. Billy Long as IRS commissioner less than two months after his confirmation, a White...
Trump narrows Fed chair candidates to four, excluding Treasury Secretary Bessent
WASHINGTON – President Donald Trump said Tuesday that he's whittled down his list of potential Federal Reserve chair candidates to four as he considers...
The Latest: Texas Democrats prevent state redistricting by leaving the state
Texas Democrats on Monday prevented their state’s House of Representatives from moving forward, at least for now, with a redrawn congressional map sought by...
China pushes back at US demands to stop buying Russian and Iranian oil
WASHINGTON – U.S. and Chinese officials may be able to settle many of their differences to reach a trade deal and avert punishing tariffs,...
The Latest: Trump signs order for more tariffs on US partners to go into effect in 7 days
President Donald Trump signed an executive order Thursday placing tariffs on many U.S. trade partners — the next step in his trade agenda that...
Scott Bessent admits that Trump just created a ‘back door for privatizing Social Security’
Treasury Secretary Scott Bessent said Wednesday that the Trump administration was committed to protecting Social Security hours after he said in an interview that...
Trump’s tariffs could squeeze US factories and boost costs by up to 4.5%, a new analysis finds
WASHINGTON – As President Donald Trump prepares to announce new tariff increases, the costs of his policies are starting to come into focus for...
The Latest: Trump to discuss trade with British Prime Minister Keir Starmer in Scotland
President Donald Trump is in Scotland, where he is meeting with British Prime Minister Keir Starmer to refine a trade deal the two leaders...