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New tariffs are generating billions of dollars in revenue, but Bessent says that will go toward paying national debt

Treasury Secretary Scott Bessent on Tuesday threw cold water on the idea that Americans could soon receive tariff rebate ...

Scott Bessent bets on stablecoins to bolster demand for Treasuries

The stablecoin market is worth about $250bn, according to research from the Federal Reserve Bank of Kansas City — tiny ...

Watch CNBC's full interview with Treasury Secretary Scott Bessent

Treasury Secretary Scott Bessent joins 'Squawk Box' to discuss the Alaska summit between President Trump and Russian ...

Bessent Plays It Cool on Tariffs Even as US-China Friction Persists

Treasury Secretary Scott Bessent says the US is “very happy” with the current tariff setup, calling it a system that’s ...

Bessent says US tariff revenues to rise 'substantially,' focus on reducing debt

U.S. Treasury Secretary Scott Bessent said he expects a big jump in revenues from sweeping tariffs imposed by President ...
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US Treasury chief Bessent accuses India of profiteering on Russian oil

WASHINGTON: US Treasury Secretary Scott Bessent on Tuesday (Aug 19) accused India of profiteering from its increased ...

Treasury Secretary Scott Bessent confirms US government considering taking stake in Intel, says the answer Donald Trump has for this is we should…

The Trump administration is considering taking a 10% equity stake in Intel, converting $10.9 billion in CHIPS Act grants into ownership. This move aim ...

Bessent: Trump’s Putin meeting like showing off ‘gun case’ to ‘uncontrollable neighbor’

Treasury Secretary Scott Bessent on Tuesday commended President Trump’s summit with Russian President Vladimir Putin in ...
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'I Can't Believe My Ears!': Scott Bessent Shocks Members Of Congress When He Fails To Recognize Biden As A Legitimate President

During a recent hearind held by the House Financial Services Committee several weeks ago, Congressman Gregory Meeks (D-NY) ...

Treasury Secretary Scott Bessent pushes back on claims he’s pressuring the Fed to slash rates

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...

Bessent: Trump Inviting Putin To Alaska Was Like Showing Your Out-Of-Control Neighbor Your Gun Case

Treasury Secretary Scott Bessent delivered this line in response to criticism of President Trump inviting Russian President ...

The government may take a stake in Intel. But it’s not about making money, Bessent suggests

Treasury Secretary Scott Bessent hinted Tuesday the US government may be considering taking a stake in struggling chipmaker ...