Bessent mocks Newsom at Davos
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Denmark, Scott Bessent
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California Gov. Gavin Newsom (D) went after Treasury Secretary Scott Bessent over comments he made about the Golden State governor in which he likened him to “American Psycho” character Patrick Bateman.
Scott Bessent said US defense contractors are facing new restrictions because they "need to build more factories and buy back less stock."
Treasury Secretary Scott Bessent said the refunds Americans get could be thousands of dollars per household.
U.S. Treasury Secretary Scott Bessent criticized the Federal Reserve for several ethical lapses and policy missteps, which he said have resulted in losses amounting to several billion dollars a year.
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Scott Bessent says Jerome Powell probe likely due to the chairman's 'construction incompetence'
Treasury Secretary Scott Bessent addresses the criminal probe into Fed Chair Jerome Powell over alleged lies to Congress about headquarters renovations.
“Denmark’s investment in U.S. Treasury bonds, like Denmark itself, is irrelevant," said Scott Bessent.
Treasury Secretary Scott Bessent faced backlash over a video clip in which he suggests that some retiring Americans have purchased “five, 10, 12 homes.” Bessent spoke with Fox Business host Maria Bartiromo at the World Economic Forum Tuesday when he discussed President Donald Trump’s ban on large institutional investors buying single-family homes.
Imports of oil from Indian refiners have boomed since the European Union curbed its direct purchases of energy fuels from Russia. Traders have taken advantage of a so-called “refining loophole” in the sanctions regime, by selling on oil products to Europe which are made from Russian crude then refined in India.