Trump, Scott Bessent and Jerome Powell
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US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and the potential for higher inflation.
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Yonhap News Agency on MSNU.S. more concerned with getting 'high-quality' trade deals than meeting Aug. 1 deadline: Bessent
U.S. President Donald Trump's administration is more concerned with getting "high-quality" deals with trading partners rather than meeting the Aug. 1 negotiation deadline, the treasury secretary said Monday,
The Treasury secretary and Commerce Sec. Howard Lutnick both seem to view Aug. 1’s steep tariffs as added leverage in talks that will continue past that date.
President Donald Trump phones Howard Lutnick almost every night after the commerce secretary goes to bed around 1 a.m.—sometimes merely to gossip, talk about sport or seek feedback on his media appearances.