fox-business/person/scott-bessent
Government shutdown could cut economic growth by half, Bessent warns
Treasury Secretary Scott Bessent told ABC’s “This Week” that the economy is “getting worse and worse” as the government shutdown drags on. (Credit: ABC “This Week”) Treasury Secretary Scott Bessent warned Sunday that the ongoing government shutdown is taking an escalating toll on the U.S. economy, saying growth could be cut “by as much as […]
Bessent says South Carolina rare earth plant breaks China’s chokehold
Treasury Secretary Scott Bessent discusses the administration’s efforts regarding rare earth minerals, affordability in the U.S. and the state of the jobs market during an exclusive sit-down interview with FOX Business’ Edward Lawrence. Treasury Secretary Scott Bessent told FOX Business’ Edward Lawrence that South Carolina’s new rare earth mineral processing center will help cut costs […]
Secretary Scott Bessent ‘very optimistic’ after Supreme Court tariff hearing
U.S. Treasury Secretary Scott Bessent weighs in on the Supreme Court’s skepticism of the legality of President Donald Trump’s tariffs and newly elected New York City Mayor Zohran Mamdani on ‘Kudlow.’ Treasury Secretary Scott Bessent said he left Wednesday’s Supreme Court arguments on President Donald Trump’s emergency tariff powers “very optimistic,” telling FOX Business’ Larry […]
Bessent optimistic ahead of Supreme Court case on Trump tariffs
U.S. trade representative Jamieson Greer breaks down the Trump administration’s new tariff announcements, trade policy, negotiations with China over TikTok and more on ‘Kudlow.’ Treasury Secretary Scott Bessent said Sunday he is “optimistic” ahead of this week’s Supreme Court arguments in a case that could determine the fate of President Donald Trump’s trade agenda. When […]
House Democrat probes Trump’s multibillion-dollar Argentina ‘bailout’
President Donald Trump hosts Argentinian President Javier Milei at the White House to discuss global affairs. FIRST ON FOX: The top Democrat on the House Judiciary Committee is demanding increased transparency from the Trump administration on the factors that led it to make its multibillion-dollar gamble on Argentina. In a letter sent Friday to Treasury […]
Bessent’s feud with Democrats escalates as shutdown standoff continues
SlateStone Wealth chief market strategist Kenny Polcari discusses Argentina’s currency crisis as President Donald Trump offers a financial lifeline on ‘The Big Money Show.’ Treasury Secretary Scott Bessent’s feud with Sen. Elizabeth Warren, D-Mass., and Sen. Amy Klobuchar, D-Minn., has escalated once again as politicians battle it out over the government shutdown. The feud stems […]
Treasury chief Bessent defends $20B Argentina swap amid Senate pushback
SlateStone Wealth Chief Market Strategist Kenny Polcari discusses Argentina’s currency crisis as President Donald Trump offers a financial lifeline on ‘The Big Money Show.’ Treasury Secretary Scott Bessent hit back at Sen. Elizabeth Warren, D-Mass., defending the Trump administration’s decision to provide Argentina a $20 billion currency swap line with Argentina’s central bank earlier in […]
Bessent says China ‘pointed bazooka’ at global supply chains with new restrictions
U.S. Treasury Secretary Scott Bessent weighs in on the Israeli hostages being freed, China’s latest hostile move against the U.S. and ongoing fallout from the government shutdown during an appearance on ‘Mornings with Maria.’ As trade tensions with China escalate, U.S. Treasury Secretary Scott Bessent warned that the U.S. adversary is making “provocative” moves. “The […]
SBA’s Loeffler says NYC economy strained by inflation and regulation
Small Business Administrator Kelly Loeffler told Fox News Digital that local business owners say high taxes, rising regulation, and outmigration are eroding New York City’s competitiveness as red states attract jobs and investment. EXCLUSIVE: As New York City considers the potential election of democratic socialist Zohran Mamdani, Small Business Administrator Kelly Loeffler is warning that […]