Bessent on tax gains: Americans have more money, they can decide how they want to spend it
Treasury Secretary Scott Bessent discusses the confirmation hearings for Kevin Warsh's candidacy for Fed chair, tax gains and overtime during a press conference.
JPMorgan CEO Jamie Dimon urges Senate to vote in Fed Chair nominee Kevin Warsh; Bessent voices confidence in outcome
JPMorgan Chase CEO Jamie Dimon on Tuesday urged US lawmakers to vote in Kevin Warsh as Federal Reserve Chair as soon as possible, while Treasury Secretary Scott Bessent voiced confidence that would happen in spite of impending hurdles at the Senate.
Bessent and Turner appear for confirmation hearings, Bondi hearing resumes
Senate hearings are scheduled this week for several of Trump’s picks for the Cabinet. Thursday's hearings include Doug Burgum, Scott Turner, Lee Zeldin, Pam Bondi and Scott Bessent. Watch live.
US Treasury’s Bessent says core inflation is going down, Fed will need to cut rates
Mr Bessent downplayed the impact of the Iran war on core inflation. Read more at straitstimes.com. Read more at straitstimes.com.