Bessent defends U.S. dollar swap lines as Iran war harms global finances
Secretary of Treasury Scott Bessent testifies during a during a Senate Appropriations Subcommittee on Financial Services and General Government hearing…
Tag: Bessent
Bessent says ‘many’ allies have asked for currency swaps amid Iran war
U.S. Treasury Secretary Scott Bessent arrives to testify during a Senate Committee on Appropriations, Subcommittee on Financial Services and General…
Treasury Secretary Bessent now says it’s OK for the Fed to wait to lower rates amid oil surge
U.S. Treasury Secretary Scott Bessent waits for the first meeting of U.S. President Donald Trump’s anti-fraud task force convened by…
Bessent says Powell attending Supreme Court arguments on Lisa Cook is a mistake
Federal Reserve Chair Jerome Powell shouldn’t attend upcoming Supreme Court arguments regarding President Donald Trump’s efforts to fire one of…
Bessent says Trump’s pick for the next Fed chair could happen next week
After months of speculation and political intrigue, President Donald Trump is close to nominating the next chair of the Federal…
Bessent lists Fed chair finalists, Trump says decision by end of year
U.S. Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, D.C., Oct. 22, 2025. Kevin Lamarque…
Trump’s Fed chair candidates list narrowed down to five by Bessent after interviews, sources say
After a series of rigorous interviews, some lasting as long as two hours, Treasury Secretary Scott Bessent has winnowed down…