President Donald Trump has been talking about tariffs for so long that it feels like we know exactly what’s coming. But we kind of have no idea.
Scott Bessent, Donald Trump’s nominee for treasury secretary, made it clear during his confirmation hearing Thursday that he’s only interested in protecting the interests of the rich and powerful. The hedge fund manager with a net worth of at least $500 million repeatedly spiked down questions about whether he would support working-class priorities.
The White House says that US President Donald Trump is still thinking about imposing tariffs on imports from Canada, Mexico and China starting on February 1.
A brief standoff with Colombia holds important lessons for how future trade conflicts might unfold in the new Trump administration.
Bessent, 62, is a longtime hedge fund manager, Trump donor and adviser. He'll be the point person for Trump on a host of key economic issues.
The U.S. Senate confirmed Scott Bessent Monday to serve as President ... He has talked about putting 25% tariffs on goods from Mexico and Canada starting Feb. 1 and new tariffs on Chinese goods.
Scott Bessent will lead President Donald Trump's financial agenda as treasury secretary. Bessent, a billionaire hedge fund manager, was confirmed in a 68 to 29 U.S. Senate vote on Monday and sworn in on Tuesday.
Scott Bessent, a South Carolina billionaire hedge fund manager, wasted no time getting to the crux of his confirmation hearing: the expiring Trump tax cuts. “This is the single most important economic issue of the day,” Bessent told the committee.
The U.S. Senate voted Monday to confirm hedge fund manager and South Carolina native Scott Bessent as the 79th Secretary of the Treasury.
WASHINGTON — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday ... Could Impact Top Imports From Mexico, Canada, and China In addition, Bessent faces a mounting and record ...
The US Senate is widely expected to confirm billionaire hedge fund manager Scott Bessent for Treasury secretary Monday, putting him at the forefront of implementing Donald Trump's economic agenda -- which is already sparking global jitters.