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Scott Bessent Warns TSMC's $40 Billion Arizona Fab May Only Meet 7% Of US Chip Demand — Blames Building Inspectors, Red Tape For Delays
Treasury Secretary Scott Bessent warned that Taiwan Semiconductor Manufacturing Co.'s massive Arizona fabrication facility may produce just 7% of America's semiconductor needs, highlighting regulatory obstacles hampering domestic chip production.
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Scott Bessent Swats Down Jonathan Lemire’s Gotcha Questions On Fed Chair
Treasury Secretary Scott Bessent dismissed MSNBC host Jonathan Lemire’s negatively framed questions on Wednesday about President Donald Trump’s stance against
Scott Bessent Floats When Trump Might Name Powell’s Replacement
Treasury Secretary Scott Bessent said Wednesday on Fox News’ “The Ingraham Angle” that the Trump administration will announce a potential new Federal Reserve chairman nominee in either December or January.
Scott Bessent focused on ‘quality of the deal, not the timing’ on tariffs
Treasury Secretary Scott Bessent assured that the administration is more focused on “high-quality deals” for tariffs than reaching a deadline. President Donald Trump’s deadline for tariffs has been postponed twice.
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Scott Bessent Brutalizes His Biden-Era Predecessor After She Invokes China In Attempt To Get At Trump
Treasury Secretary Scott Bessent blasted former Treasury Secretary Janet Yellen in response to her criticizing the Trump administration’s economic and
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Treasury Secretary Scott Bessent on U.S. trade talks: Quality of deals more important than timing
Treasury Secretary Scott Bessent joins 'Squawk Box' to discuss the latest developments on U.S. trade negotiations, impact of looming August 1 deadline, prospects of any trade deals, escalating feud between President Trump and Fed Chair Powell,
FACTBOX The five female Fed presidents who may have been on Bessent's mind
One of the Federal Reserve's five female regional bank presidents could replace U.S. central bank chief Jerome Powell, Treasury Secretary Scott Bessent said on Tuesday - an intriguing comment given that none of the 12 Fed regional bank presidents have signaled they are on board with the immediate cut in interest rates demanded by President Donald Trump.
4Scott Bessent Once Called Tariffs As 'Dog That Didn&...
The deadline for Trump's tariffs has sparked a shift in Wall Street's predictions. Analysts are now projecting a moderate inflation increase.
‘Trade’s in a Very Good Place With China,’ Says Treasury Secretary Bessent
Treasury Secretary Scott Bessent said he would soon meet top Chinese officials to extend the two countries' trade truce. “China, that deal expires on Aug. 12 and I’m going to be in Stockholm on Monday
Treasury Secretary Bessent details Trump administration's plan to tackle China's economic imbalances
China trade has reached a "good place" with reduced tariffs, but said China's 30% share of global manufacturing is unsustainably imbalanced.
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