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But they weren’t “afraid,” as Trump asserted. Rather, Bessent made a trillion-dollar bet on the bond markets, and in the long ...
Opinion
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Scott Bessent Is Not Our Economic Savior
Scott Bessent is having a moment. “Wall Street’s Best Hope to End Trump’s Global Trade War Is One of Its Own,” says The Wall Street Journal. “Bessent Emerges As Man of the Hour Trade Negotiator,” says ...
In an interview with Bloomberg on Monday, Mr. Bessent sought to push back on concerns about the recent weakening of the dollar, saying it was still “strong” and the “global reserve currency.” ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Treasury Secretary Scott Bessent said that rising yields on U.S. Treasurys are a result of normal deleveraging rather than a ...
The stock market plunge has more to do with the emergence this year of China's DeepSeek artificial intelligence tool than with President Donald Trump's policies, US Treasury Secretary Scott Bessent ...
US Treasury Secretary Scott Bessent suggested he’s not concerned about the yen’s recent appreciation against the dollar, a ...
Despite concerns voiced by investors and analysts, Bessent maintained that the U.S. dollar remains the world's reserve currency and that the administration still supports a strong dollar policy.
U.S. President Donald Trump's desire for a stronger yen against the dollar is almost certain to figure into trade ...
President Javier Milei promised Argentinians that an economic revival would follow the pain of harsh austerity.