Tag: Bessent
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Banks Could Eventually Offer Crypto Products, Says Bessent
US Treasury Secretary Scott Bessent says banks and crypto may begin to offer similar products, and pledged to prevent deposit flight concerns that...
Bessent says Trump’s pick for the next Fed chair could happen next week
After months of speculation and political intrigue, President Donald Trump is close to nominating the next chair of the Federal Reserve, Treasury Secretary...
Bessent says interviews for ‘incredible group’ of potential Fed chairs will start after Labor Day
Treasury Secretary Scott Bessent said Tuesday he will begin interviewing candidates for Federal Reserve chair as soon as the White House whittles down...
U.S.-China talks ‘stalled’ and need Trump and Xi to weigh in, Bessent says
The U.S. and Chinese flags are seen on the day of a bilateral meeting between the U.S. and China, in Geneva, Switzerland, May...
Scott Bessent calls Moody’s a ‘lagging indicator’ after U.S. credit downgrade
Treasury Secretary Scott Bessent said in an interview on NBC News' "Meet the Press" that Moody's Ratings were a "lagging indicator" after the group downgraded the...
