News

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 ...
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Scott Bessent says Chinese 'jumped the gun' on truce extension, adds talks will continue
After news emerged that China’s delegation had indicated a 90-day extension of the two economies’ trade-war truce was agreed, ...
Bessent warns China on Russian oil purchases that could bring 100% tariffs
STOCKHOLM - U.S. Treasury Secretary Scott Bessent on Tuesday said he warned Chinese officials that continued purchases of ...
Bessent: EU Tariff Rate Could Change If Bloc Doesn’t Keep Up Deal
Treasury Secretary Scott Bessent said the government would be closely monitoring whether the European Union invests $600 billion in the U.S., which was part of a trade deal reached this weekend. “On ...
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, ...
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Scott Bessent Swats Down Jonathan Lemire’s Gotcha Questions On Fed Chair
Treasury Secretary Scott Bessent dismissed MSNBC host Jonathan Lemire’s negatively framed questions on Wednesday about ...
Bessent Says ‘No Rush’ to Choose Successor to Fed’s Powell
Treasury Secretary Scott Bessent said that there’s “no rush” to identify a successor to Federal Reserve Chair Jerome Powell, ...
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 ...
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 ...