Tag: Scott Bessent
Global markets tumble as Beijing imposes new ban on U.S. shipping and Bessent vows China ‘will be hurt the most’ if it doesn’t surrender | Fortune
A broad-based selloff swept global stock markets this morning after U.S. Treasury Secretary Scott Bessent told the Financial Times that China “will be hurt...
Elizabeth Warren accuses Trump of betraying farmers and ‘putting himself and his billionaire buddies first’ with $20 billion Argentina bailout | Fortune
The United States directly purchased Argentine pesos on Thursday and finalized a $20 billion currency swap line with Argentina’s central bank, Treasury Secretary Scott Bessent said...
Trump and Xi are set to discuss the TikTok deal and future of US-China relations
WASHINGTON – U.S. President Donald Trump is expected to talk with Chinese leader Xi Jinping on Friday in a push to finalize a deal...
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...
