Bessent Faces Credibility Test in Quest to Tame Markets
When auditioning to be President Trump’s Treasury secretary, Scott Bessent accused Democrats of constructing a centrally planned economy. He argued ...
Tag: Bessent
Treasury Scales Back Scrutiny of U.S. Shell Companies
The Trump administration is moving forward with a plan to scale back scrutiny of the shadowy shell companies that criminals ...
Bessent Declares Widening Gap Between Rich and Poor ‘Dead’
Treasury Secretary Scott Bessent downplayed the impact of inflation on lower-income Americans, declaring this week that the “K-shaped” economy — ...
The Bond Market Is Signaling Rising Risks. Investors Should Listen.
The Federal Reserve held interest rates steady in its latest meeting. But another important power in the financial world raised ...
With a Proposed $250 Bill, Trump Reimagines America by Putting Himself on Its Money
First he ordered up a commemorative coin bearing his face. Then he added his signature to the nation’s money. Now, ...
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