Scott Bessent says the U.S. economy is detoxing but that doesn’t mean there will be a recession: ‘I’m not concerned about a little bit of volatility over three weeks’
But Treasury Secretary Scott Bessent, who was a hedge-fund chief prior to his political appointment, isn’t worried. “I’m not ...
Two billionaires that are villains of the left and right take the spotlight in a key Wisconsin race
MADISON, Wis. (AP) — When Republicans are looking for a political bogeyman, they point to liberal megadonor George Soros.
GOP lawmaker calls for FBI investigation into 'alarming' allegations against top Dem fundraising platform
Ariz., is calling on the FBI to investigate the Democratic fundraising platform ActBlue amid allegations of skirting finance ...
Bessent Says Recent Decline in Dollar Is a Natural ‘Adjustment’
Treasury Secretary Scott Bessent played down the recent decline in the US dollar, saying it was a natural “adjustment” as ...
Treasury Secretary Bessent says a ‘detox' period for the economy does not have to be a recession
Treasury Secretary Scott Bessent said Thursday that his previous comments about a " detox period " for the U.S. economy did ...
Dem fundraiser ActBlue facing possible terror-financing investigation amid fraud probe
Rep. Darrell Issa (R-Calif.) fired off a letter to the Treasury Department on Tuesday urging the Trump administration to ...
Investors fear that market turmoil will no longer rein in Trump
Also in today’s newsletter, meet the revered Wall Street veteran with two protégés planted in the president’s inner circle ...
John Fetterman has voted yes on eight of Trump’s cabinet picks so far. How local Senators are voting on confirmations.
President Donald Trump picks every member of his cabinet, but he needs the support of a majority of the Senate for them to be confirmed. A Senate committee questions each nominee in a hearing before ...
Who is Scott Bessent, Donald Trump's Treasury chief
Scott Bessent, a seasoned Wall Street investor, was confirmed on January 28, 2025, as the 79th US Secretary of the Treasury, becoming the first openly gay cabinet member in a Republican administration ...
Bessent defends Trump tariffs: ‘Access to cheap goods’ is not the ‘American Dream’
International economic relations that do not work for the American people must be reexamined,” he said at the Economic Club of New York.
Investors question 'Trump put' as tariffs rattle stock markets
Investors are recalibrating how to play U.S. President Donald Trump's whipsawing policy changes, weighing that a so-called ...