Larry Summers slams Treasury Secretary Bessent’s ‘ludicrous’ claim that China will bear brunt of tariffs
The former treasury secretary blasted his successor’s claims that tariffs will not reheat inflation in a series of social media posts.
Scott Bessent, Trump's unexpected gunslinger at the US Treasury
The 62-year-old financier, who learned the ropes with George Soros's teams in London, is pushing, as the head of the US ...
Wall Street hoped Scott Bessent would keep Trump in check. He had other ideas.
The Treasury secretary's muted reassurances to financial markets shows there may be no one in the administration willing to ...
Larry Summers blasts ‘ludicrous’ claim by Scott Bessent
Larry Summers is fed up with the tariff defense made by his successor, Treasury Secretary Scott Bessent. Summers, who served as treasury secretary under President Bill Clinton, blasted Bessent’s claim ...
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 ...
The Hill on MSN8d
Bessent says ‘there are no guarantees’ when it comes to recession
Treasury Department Secretary Scott Bessent said on Sunday that “there are no guarantees” when it comes to a recession. “Mr.
Treasury Secretary Scott Bessent says the American dream isn't 'let them eat flat-screens' or 'cheap baubles from China'
US Treasury Secretary Scott Bessent claims the American dream isn't 'let them eat flat-screens' or 'cheap baubles from China' ...
Wall Street learns that Scott Bessent isn’t Steven Mnuchin
If Wall Street investors had hoped Scott Bessent would moderate Trump’s punishing trade policies, the Treasury secretary is ...
Bessent reveals how Trump will decide reciprocal tariffs
President Trump’s reciprocal tariffs could go well beyond matching import taxes imposed on U.S. goods by other nations, ...
Scott Bessent: ‘I can’t guarantee’ America will avoid a recession
Is a recession brewing in the US? The answer to that question will vary depending on whom you ask in the Trump administration ...
Wall Street rallies as Trump set to take more targeted approach on April 2 tariffs
The April 2 block of tariffs may not include the industry-specific tariffs previously floated by President Trump, according ...
Treasury Secretary Scott Bessent says he can't rule out the possibility of a recession
Treasury Secretary Scott Bessent said on Sunday there are 'no guarantees' there won't be a recession, but expressed ...