Treasury Secretary delivers startling message on U.S. economy
As a result, consumer confidence has plummeted, casting a big shadow over what could happen to the U.S. economy next. ⏰Get ...
US economic worries mount as Trump implements tariffs, cuts workforce and freezes spending
In an interview to air Sunday on Fox News' “Sunday Morning Futures,” Trump was pressed to provide some clarity on his tariffs ...
Treasury’s Bessent Defends Tariffs, Warns of a Coming ‘Detox Period’
The Treasury Secretary says that "access to cheap goods isn't the essence of the American Dream." But being profitable to grow and sustain a business is.
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Scott Bessent Says Tariffs Will Go Up For Any Leader Acting Like ‘Numbskull’ Justin Trudeau
U.S. Treasury Secretary Scott Bessent told Fox Business host Larry Kudlow Thursday that world leaders emulating “a numbskull” ...
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Fed Chair Powell says interest rates on hold with economic uncertainty widespread
The Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread ...
Trump Bows to Economic Reality With Tariff Delays and Exemptions
With prices still high, the Trump administration is heeding the risks of fanning inflation with import duties.
Treasury secretary defends tariffs, says cheap goods not 'essence of the American Dream'
Treasury Secretary Scott Bessent defended Donald Trump’s tariffs, arguing that access to cheap goods are not the “essence of the American Dream.” ...
Treasury secretary forecasts ‘detox period’ for US economy
Treasury Secretary Scott Bessent said Friday the United States economy has become increasingly reliant on excessive government spending, adding, “There’s going to be a detox period.” “The ...
Bessent warns of ‘detox period’ for economy, touts Trump ‘call’
Treasury Secretary Scott Bessent warned that the US economy may see some disruption as the Trump administration shifts the ...
Trump treasury secretary warns of 'detox period' slowdown for US economy
Treasury Secretary Scott Bessent warned the U.S. economy could enter a "detox period" as the administration shifts from ...
Treasury Secretary Bessent says economy could be ‘starting to roll a little bit'
Describing the economy as inherited is a reference to the administration under then-President Joe Biden. Current President ...
Don Farrell’s US trade mission shelved as Labor eyes election
Trade Minister Don Farrell has put on hold a planned US trip to seek an exemption from Donald Trump’s steel and aluminium tariffs as Labor prepares to shift into election mode, leaving Australia’s ...