Treasury Secretary Bessent warns 'perfect storm' brewing
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Scott Bessent blames immigrants for high beef prices with bizarre diseased cow claim
Many top economists blame the sharp rise in beef prices on President Donald Trump's widespread tariffs, which have increased the cost of beef imported from Brazil, Australia, New Zealand, and Uruguay
UBS chair Colm Kelleher and US Treasury secretary Scott Bessent have privately discussed moving the bank’s headquarters to the US, as the Zurich-based lender explores contingency plans to leave Switzerland if the government does not back down on new capital rules.
Treasury Secretary Scott Bessent told Fox News’s Maria Bartiromo on Sunday he feels confident the Supreme Court will decide to
Scott Bessent stirred a row after claiming that soaring beef prices in US are not linked to economic policies but to an alleged “invasion of cows” across the southern US border.The Treasury Secretary laid out his theory during a Sunday interview with Maria Bartiromo on Fox News.
UBS Group AG Chairman Colm Kelleher held talks with US Treasury Secretary Scott Bessent about potentially moving the bank's headquarters to the US amid uncertainty over Switzerland's upcoming capital reforms,
Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the others, he’s now overseeing the I.R.S.
Speaking at the Treasury Market Conference, Bessent explained how the department is thinking about long-term borrowing, noting that the explosive rise of stablecoins and money-market funds will play a larger role in shaping future U.S. debt demand.
Last month, during the longest government shutdown in U.S. history, Treasury Secretary Scott Bessent announced that the United States had offered to functionally loan Argentina $20 billion. Despite the sums involved,