Treasury Secretary Scott Bessenthe is not known for mincing words and his reaction to lackluster Q4 GDP report it was anything but subtle. Analyzing the economy, Bessent told Fox News that the US economy can at least grow 3.5% in 2026according to Reuters. In a market seemingly obsessed with potential downside risk, this is clearly … Read more
On Wednesday, Jan. 7, US Treasury Secretary Scott Bessent addressed a major headwind to the US auto industry — affordability — saying the administration is working on a significant tax cut that could help many buyers. The move is surprising given that President Donald Trump very recently called the affordability crisis in the US a … Read more
NEW YORK, Dec 29 (Reuters) – Since President Donald Trump’s “Deliverance Day” tariffs sent the U.S. bond market into turmoil in April, his administration has carefully tailored its policies and messaging to prevent another crisis. But the truce remains fragile, some investors say. A reminder of that fragility came on Nov. 5, when the Treasury … Read more
Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. Working Americans will soon see a sizable financial boost — all thanks to changes in President Donald Trump’s “One Big Beautiful Bill,” according to Treasury Secretary Scott Bessent. Speaking to a Pennsylvania reporter on Dec. 10, Bessent … Read more
President Trump is hitting the road this week to address Americans’ accessibility concerns head-on. But it’s a journey that comes as his rhetoric and actions often appear at odds with each other. On the one hand, Trump and his team continue to push back against the prevailing sentiment among many Americans that everyday costs are … Read more
Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. The rising cost of living has been a persistent strain for many Americans — and President Donald Trump’s high tariffs have only added to the pressure. It’s a concern Treasury Secretary Scott Bessent was pressed on during … Read more