Trump Considers Bessent for Fed Chair
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Treasury Secretary Scott Bessent, in an interview on Bloomberg Television, said he hasn't looked at the CPI number that's about to be released -- he is entitled to early access --but said not to read too much into one month's number.
The Trump administration has formally begun the search for a successor to Federal Reserve Chair Jerome Powell, whose term ends in 2026. Treasury Secretary Scott Bessent confirmed the process is underway,
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Treasury Secretary Scott Bessent drew a provocative comparison between his current boss, Trump and his former mentor, the Hungarian-born Soros.
The U.S. government has recently assured chip maker Nvidia Corp. that licenses for sales of its advanced H20 GPU to Chinese firms would be granted.
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JOHANNESBURG (Reuters) -Another no-show by U.S. Treasury Secretary Scott Bessent, Donald Trump's tariff threats and rising tensions between Washington and BRICS countries all look set to overshadow this week's meeting of G20 finance chiefs in Durban,