Treasury Secretary Scott Bessent: We have let China export their economic system to us
Treasury’s Scott Bessent says ‘access to cheap goods’ is not the ‘American dream’
Treasury secretary forecasts ‘detox period’ for US economy
Treasury Secretary Scott Bessent said Friday the United States economy has become increasingly reliant on excessive government spending, adding, “There’s going to be a detox period.” “The
China Daily5h
China slams US efforts to politicize trade
Exports from US companies operating in China are counted as part of China's surplus and China's high-quality, competitively priced exports enhance the purchasing power of American consumers and create numerous jobs in transportation, wholesale, retail, and e-commerce sectors of the US, she added.
Bessent Says Trump Confident No Xi Move on Taiwan in His Term
President Donald Trump is confident that China’s President Xi Jinping won’t make a move on Taiwan when he is in the White House, Treasury Secretary Scott Bessent said on CNBC.
Independent Journal Review2d
Scott Bessent Says Tariffs Will Go Up For Any Leader Acting Like ‘Numbskull’ Justin Trudeau
U.S. Treasury Secretary Scott Bessent told Fox Business host Larry Kudlow Thursday that world leaders emulating “a numbskull” like Canadian
NBC Washington8d
Treasury Secretary Bessent says Trump tariffs won't cause inflation to increase
Treasury Secretary Scott Bessent said President Donald Trump's tariffs are unlikely to raise inflation, in part because China will "eat any tariffs that go on." Trump's proposed tariffs are expected to take effect on Tuesday. Bessent said Mexico has ...
Pence knocks Bessent for saying American dream not about access to ‘cheap goods’
Former Vice President Mike Pence criticized Treasury Secretary Scott Bessent on Friday over his remark that the “essence” of the American dream was not about “access to cheap
Cryptopolitan2d
Scott Bessent calls for halting government Bitcoin sales after Trump’s executive order
US Treasury Secretary Bessent called for halting government Bitcoin sales. He insisted that BTC within the U.S. be transferred to treasury-managed vaults. The secretary’s call aligned with Trump’s executive order to create a U.
Bloomberg on MSN2d
Bessent warns of ‘detox period’ for economy, touts Trump ‘call’
Treasury Secretary Scott Bessent warned that the US economy may see some disruption as the Trump administration shifts the basis for growth away from the government and toward the private sector.