Tag Archives: Bessent

Bessent on Tariffs, Deficits and Embracing Trump’s Economic Plan  Bloomberg.com Bessent says tariffs ‘should melt’ if trade rebalances  Nikkei Asia Treasury Secretary Admits Trump’s Tariffs Are Paid by Americans  Rolling Stone Letter: Tariff fees  Arizona Daily Star Trade Deal Negotiations Could Wrap Up By October, Bessent Tells Nikkei  Barron’s Source link

Interview US Treasury chief lays out qualities required for next Federal Reserve chair U.S. Treasury Secretary Scott Bessent called the trade deal with Japan a “golden industrial partnership” during an interview with Nikkei in Washington on Aug. 7. (Photo by Kosuke Takami)  TAKESHI KAWANAMI August 11, 2025 02:00 JST WASHINGTON — “Reciprocal” tariffs imposed by the United States on imports from other countries …

Bessent Sees US Trade Talks Largely Done by October, Nikkei Says  Bloomberg.com Bessent Q&A: China is most ‘imbalanced’ economy in modern history  Nikkei Asia Treasury Secretary Admits Trump’s Tariffs Are Paid by Americans  Rolling Stone EU Leaders Weigh In Ahead of U.S.-Russia Meeting  Barron’s Bessent: Tariffs to drop with trade imbalance  breakingthenews.net Source link

Trump fires IRS commissioner, Bessent named acting head  Reuters Trump Is Removing Billy Long as the I.R.S. Head 2 Months After He Was Confirmed  The New York Times Trump ousts Billy Long as IRS commissioner, names Bessent acting head  CNN Trump removes IRS boss, Treasury Secretary Bessent takes over  NBC News IRS Commissioner Billy Long replaced after less than two months  NPR Source link

President Donald Trump on Friday removed Internal Revenue Service Commissioner Billy Long and is replacing him temporarily with Treasury Secretary Scott Bessent, three sources with knowledge of the matter told NBC News. Long was only just sworn in as commissioner in June. The change also comes days after Trump’s sprawling new tariffs took effect, and a month after the president …

Former Rep. Billy Long, R-Mo., nominee to be commissioner of the Internal Revenue Service, testifies during his Senate Finance Committee confirmation hearing in Dirksen building on Tuesday, May 20, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images U.S. President Donald Trump is removing Billy Long as the commissioner of the Internal Revenue Service and Treasury Secretary Scott Bessent will temporarily serve as acting commissioner, a White House official and …

Facebook Tweet Email Link President Donald Trump is ousting Billy Long from his role as commissioner of the Internal Revenue Service just two months after he was confirmed to the position, four sources familiar told CNN. Trump has already selected Treasury Secretary Scott Bessent to serve as the acting head of the IRS while the administration seeks a more permanent …

On Thursday at midnight, steep retaliatory tariffs Donald Trump slapped on dozens of countries went into effect. “IT’S MIDNIGHT!!! BILLIONS OF DOLLARS IN TARIFFS ARE NOW FLOWING INTO THE UNITED STATES OF AMERICA!” the president wrote on Truth Social minutes before the levies snapped into effect.  “Tariffs are flowing into the USA at levels not thought even possible,” he added …

WASHINGTON (AP) — President Donald Trump said Tuesday that he’s whittled down his list of potential Federal Reserve chair candidates to four as he considers a successor to Jerome Powell — a choice that could reset the path of the U.S. economy. Asked on CNBC’s “Squawk Box” for a future replacement for Powell, Trump named Kevin Hassett, director of the …

Trump rules out Bessent for Fed chair  Reuters Prediction markets see Hassett and Warsh as Fed chair frontrunners as Trump talks up the ‘Kevins’  CNBC Trump narrows Fed chair candidates to four, excluding Treasury Secretary Bessent  AP News Trump Live Updates: Fed Chair Replacement, India Tariffs and More  The New York Times Trump Rules Out Picking Scott Bessent as Fed Chair  The Wall Street Journal …