Latest in Treasury Secretary Bessent
Sort by
189 items
-
Treasury Secretary Scott Bessent "not concerned" about market volatility
Treasury Secretary Scott Bessent is trying to reassure the public about the state of the economy amid recent market struggles following President Trump's tariff threats. David Wessel, Brookings ...CBS News - 18h -
Treasury Secretary Bessent says economy could be 'starting to roll a little bit'
President Trump's Treasury secretary discussed the U.S. economy and tariffs on "Squawk Box."CNBC - Mar. 7 -
Treasury Secretary Bessent says he’s not concerned about the current stock market volatility
Bessent downplays signals of weak first-quarter economic growthMarketWatch - 1d -
Treasury’s Bessent Defends Tariffs, Warns of a Coming ‘Detox Period’
The Treasury Secretary says that “access to cheap goods isn’t the essence of the American Dream.” But being profitable to grow and sustain a business is.Inc. - 6d -
Treasury Secretary Bessent says a 'detox' period for the economy does not have to be a recession
The Trump administration is aiming for a "smooth transition" as it looks for ways to cut government spending.CNBC - 23h -
Trump's Treasury chief on 200% EU tariff threat: 'Not sure why that's a big deal' for markets
Treasury Secretary Bessent did not answer when CNBC asked if Trump's announcement was "premeditated," or whether the Cabinet secretary knew about it in advance.CNBC - 22h -
Treasury yields end lower as tariff fight intensifies and government shutdown looms
Bond yields finished lower Thursday, as investors faced the prospect of a potential U.S. government shutdown and Treasury Secretary Scott Bessent said the White House was more focused on the ...MarketWatch - 21h -
Treasury Secretary Bessent said the White House is focused on the 'real economy' and not concerned about 'a little' market volatility
essent said the administration is attentive to market moves, he predicted that both the economy and markets would prosper over time.CNBC - 1d -
Former Treasury secretary on Trump's tariffs: 'People are overreacting a bit'
Former Treasury Secretary Steve Mnuchin believes that the economy is not in trouble and that people are overreacting to the new administration's policy changes.The Hill - 1d -
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Former Treasury Secretary Steven Mnuchin said Wednesday he believes “people are overreacting a bit” to the policy changes from the current Trump administration.NBC News - 1d -
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Mnuchin, who served under Trump in the Republican's first term in office, said does not see signs of an imminent slowdown for the U.S. economy.CNBC - 2d -
Trump economic team’s effort to calm recession fears falls flat
Calling bad news a temporary phenomenon didn’t work out well for Biden and it won’t for Trump, former Treasury Secretary Larry Summers said.MarketWatch - 1d -
Treasury yields rise as expectations for more inflation increase
U.S. Treasury yields rose on Friday as investors awaited consumer sentiment data and were relieved after tame inflation data this week.CNBC - 1h -
Treasury yields fall as investors weigh the state of the U.S. economy
U.S. Treasury yields inched lower on Monday as investors await a busy week of key economic data, and consider the state of the U.S. economy.CNBC - 4d -
2-year Treasury note yield bounces from October low as investors await U.S. inflation report
U.S. Treasury yields rose on Tuesday as investors looked ahead to the latest consumer price index reading.CNBC - 2d -
Larry Summers: Odds of a recession 'close to 50/50'
Former Treasury Secretary Larry Summers said Monday that the odds of a recession are “close to 50/50.” “I told [Kasie Hunt] @CNN today, I think there is a real possibility of a recession,” Summers ...The Hill - 3d -
U.S. 10-year Treasury yield is little changed as investors digest latest inflation report
U.S. Treasury yields were little changed on Thursday as investors awaited the producer price index report and weighed the state of the U.S. economy.CNBC - 1d -
Recapping Trump's meeting with NATO secretary general
The war in Ukraine was a major focus of President Trump's meeting with NATO Secretary General Mark Rutte at the White House on Thursday. CBS News congressional reporter Taurean Small has more.CBS News - 1h -
Senate confirms Lori Chavez-DeRemer as labor secretary in bipartisan vote
Democrats joined Republicans in confirming former GOP Rep. Lori Chavez-DeRemer as President Trump's labor secretary.CBS News - 3d -
Labour councillor guilty of indecent exposure should quit, says health secretary
The health secretary calls for his former aide to resign after the aide admitted indecent exposure.BBC News - 2d -
VA secretary: Cutting 80,000 jobs ‘is our target’
Veterans Affairs Secretary Doug Collins said his agency is looking to cut 80,000 jobs as their “target” to slim the agency’s workforce. Collins joined Fox & Friends on Monday, where he was pressed ...The Hill - 3d -
Obama-era Education secretary warns Trump against shuttering department
Former Education Secretary Arne Duncan issued President Trump a warning over plans to shutter the Department of Education, decrying "you break it, you own it." Duncan, in an interview with CNN's ...The Hill - 6d -
Transportation secretary rescinds Biden memos prioritizing infrastructure resilience to climate change
Transportation Secretary Sean Duffy rescinded memos from the Biden administration prioritizing infrastructure resilience to climate change, according to a Monday press release. According to the ...The Hill - 3d -
Education secretary: Mass layoffs first step toward total shutdown
Education Secretary Linda McMahon affirmed late Tuesday that mass layoffs are the first step toward shuttering the Education Department — a long-time goal of President Trump's since his time on the ...The Hill - 2d -
Watch: Trump meets with NATO Secretary-General Mark Rutte
President Trump is scheduled to meet with NATO Secretary-General Mark Rutte around noon EDT Thursday. The meeting comes as Trump demands that European countries spend more on their own security, ...The Hill - 1d -
Kristi Noem says she plans to use "broad and extensive" authorities as DHS secretary
Department of Homeland Security Secretary Krisi Noem said tests polygraph tests will continue for employees, while pledging to prosecute leakers.CBS News - 5d -
Former Transportation Secretary Pete Buttigieg says he won't run for Senate or governor in Michigan
Former Transportation Secretary Pete Buttigieg announced Thursday that he would not run for the U.S.NBC News - 1d -
Commerce secretary says Trump's policies are "worth it" even if they lead to recession
President Trump backed off doubling Canadian steel and aluminum tariffs after Ontario suspended a 25% electricity surcharge on several U.S. states. Nancy Cordes talked to Commerce Secretary Howard ...CBS News - 2d -
Trump adding copper to trade protections, Commerce secretary says
Commerce Secretary Howard Lutnick said President Trump plans to introduce steep tariffs on copper imports after he directed Cabinet officials to investigate the country’s ability to rely on its ...The Hill - 1d -
Inside Trump's meeting with NATO Secretary General Mark Rutte
President Trump is meeting with NATO Secretary General Mark Rutte Thursday after calling on Europe to step up its defense resources and become more self-reliant. CBS News senior national security ...CBS News - 1d -
Trump calls EU ‘nasty’ while sitting alongside NATO secretary
President Trump on Thursday called the European Union (EU) "nasty" while sitting alongside NATO Secretary-General Mark Rutte. Trump complained about the steep tariff on U.S.-made cars in Europe and ...The Hill - 22h -
NATO secretary, Trump have mostly friendly meeting after criticizing the alliance
President Trump hosted NATO Secretary General Mark Rutte at the White House on Thursday. The president has been a vocal critic of the military alliance, which took shape in the aftermath of World ...CBS News - 17h -
Treasury value for money unit targets asylum housing costs
Rachel Reeves set up the Office for Value for Money (OVfM) in October to "root out waste and inefficiency".BBC News - 2d -
Treasury yields steady but higher after weak consumer-sentiment report
Bond yields were steady, but higher, Friday after a report on consumer sentiment underscored the growing pessimism sparked by President Donald Trump’s tariff fight and efforts to shake up the U.S. ...MarketWatch - 2h -
U.S. could reach deal with Canada that avoids oil and gas tariffs, energy secretary says
Energy Secretary Chris Wright said the U.S. could strike a deal that spares Canadian oil and gas from tariffs, but "it's too early to say."CNBC - 3d -
Kristi Noem says she will use "every single one" of "extensive" authorities as DHS secretary
Homeland Security Secretary Kristi Noem tells "Face the Nation with Margaret Brennan" that the authorities that she has are "broad and extensive" as she discusses her plans at the helm of the agency.CBS News - 5d -
Former Obama-era Education secretary says Trump cuts are "morally and educationally bankrupt"
The Trump administration is cutting the Education Department's workforce in half. Arne Duncan, who served as secretary of education under former President Barack Obama, joins "The Daily Report" to ...CBS News - 1d -
UN secretary-general arrives in Bangladesh to visit Rohingya refugee camps and push for aid
U.N. Secretary-General António Guterres has arrived in Bangladesh on a four-day visit to review the situation of more than 1 million Rohingya refugees amid the fear of aid cuts that could seriously ...ABC News - 1d -
Health Secretary to Meet With Major Food Brand Executives
The White House has urged cabinet members to meet with industry leaders.Inc. - 4d