News

Bessent Not Expecting a Fed Rate Cut Today, Urges ‘Imagination’

Treasury Secretary Scott Bessent said he’s not expecting the Federal Reserve to cut interest rates Wednesday, while calling ...

Bessent, Warsh, Hassett are the leading contenders to get Fed chair job, CNBC survey finds

The CNBC Fed Survey found the leading contenders to succeed Jerome Powell as Fed Chair are Treasury Secretary Scott Bessent, ...

Scott Bessent warns China that Russian oil purchases could bring 100% tariffs

Wrapping up two days of U.S.-China trade talks in Stockholm, Bessent said he also expressed U.S. displeasure at China's ...

For Bond Dealers, It’s All About Bills at Bessent’s Treasury

Since Scott Bessent took the Treasury’s helm in January, bond dealers have done a 180 on the key question about his issuance ...

Bessent to American businesses: ‘Not the end of the world' if April 2 tariffs kick in

Top Trump administration officials insist that the Aug. 1 deadline is not changing, even as dozens of countries’ trade ...

SCOTT BESSENT: President Trump's 'big, beautiful bill' will unleash parallel prosperity

Kicking off America’s 250th birthday celebration, President Donald Trump’s "big beautiful bill" is unleashing growth and ...

Scott Bessent Warns TSMC's $40 Billion Arizona Fab May Only Meet 7% Of US Chip Demand — Blames Building Inspectors, Red Tape For Delays

Treasury Secretary Scott Bessent warned that Taiwan Semiconductor Manufacturing Co.’s (NYSE:TSM) massive Arizona fabrication ...

Treasury Sec. Scott Bessent: 'Not end of the world' if snapback tariffs are on for days or weeks

CNBC’s Eamon Javers sits down for an exclusive interview with Treasury Secretary Scott Bessent to discuss the possibility of ...