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Scott Bessent's confirmation hearing for Treasury secretary
Treasury secretary nominee Bessent favors tax cuts, China tariffs, Russia sanctions
Hedge fund executive Scott Bessent will face a Senate confirmation hearing for Treasury secretary on Thursday, which could make him the first openly gay Cabinet member of a Republican administration.
Treasury Pick Bessent Takes Aim at China, Tax Cuts in Hearing
Good morning. US Treasury pick Scott Bessent targeted China and tax cuts in his confirmation hearing. Rio Tinto and Glencore are said to be in talks on a combination. And Nintendo will unveil its next-generation Switch in April.
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
1d
Bessent: China Will Cut Prices In Response To Tariffs So They Can Continue To "Export Their Way Out Of Economic Malaise"
Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes ...
17h
China’s Growth Underscores Bessent’s Call to Rebalance Trade
President Xi Jinping’s government reached last year’s 5% growth target, a well-telegraphed victory that came as little ...
AgWeb
12h
Treasury Nominee Bessent Defends Trump Policies in Testimony; Promises to Press China to Resume Ag Purchases in Phase 1 Agreement
Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, ...
1d
Bessent: Fair Trade Has To Balance Free Trade, China Has The Most Unbalanced Economy In History
Donald Trump's nominee for Treasury Secretary Scott Bessent said that fair trade is more important than free trade during a Senate confirmation hearing Wednesday, saying that SCOTT BESSENT: After our ...
1d
Trump 1.0's China trade deal proved disappointing. Bessent suggests taking another stab at it.
Bessent has brought up the Trump 1.0 trade deal that called for Chinese purchases from U.S. farmers -- an agreement that's ...
1d
Bessent criticises China's economic practices, proposes sanctions on Iran
During the Senate confirmation hearings, Bessent called China an 'unbalanced economy,' and described the nation as being in a ...
E&E
19h
Trump Treasury nominee appears open to carbon tariffs
Scott Bessent called carbon tariffs against the Chinese an “interesting idea” but balked at the idea of a “clean energy race.
AgWeb
6h
Could the Bull Market in Corn Spill Over Into Soybeans and Wheat?
Jerry Gulke thinks the strength in corn can pull up wheat and even soybeans because farmers will likely plant more corn and ...
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