Larry Summers says there is a real possibility of a recession, which he calls the result of a ‘self-inflicted wound’
President Donald Trump and Treasury Secretary Scott Bessent have suggested an economic downturn on the back of tariffs would ...
US Treasury chief says plan to be put in place on acquiring crypto
Plans will be discussed about how to acquire cryptocurrency for a U.S. strategic reserve that will include bitcoin, Treasury ...
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 ...
New York Post8d
Treasury’s Scott Bessent says ‘access to cheap goods’ is not the ‘American dream’
Treasury Secretary Scott Bessent staunchly defended President Trump’s tariffs on Thursday, arguing that trade policy should focus less on getting the lowest possible prices and more on putting ...
Orange County Register10d
Housing will ‘unfreeze’ in weeks, new Treasury Secretary says
Treasury Secretary Scott Bessent said he expects the ... to the Federal Reserve target of 2%,” Bessent said. The Treasury chief spoke hours after the Fed’s preferred inflation gauge showed ...
Not having time to scrutinise PPE contracts ‘source of frustration’ – Barclay
He said he was “under pressure to expedite orders” and that being told at short notice by Department of Health and Social ...
New York Post10d
Treasury Secretary Scott Bessent shrugs off Wall Street’s Trump tariff ‘selloff’
Treasury Secretary Scott Bessent has dismissed worries ... Bessent told Fox & Friends that the commander-in-chief’s top priority is lifting the living standards of ordinary Americans despite ...