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Scott Bessent, China and Russia

Treasury secretary nominee Bessent favors tax cuts, China tariffs, Russia sanctions

President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia and making 2017 tax cuts permanent.

Bloomberg L.P. · 12h

Treasury Pick Bessent Takes Aim at China, Tax Cuts in Hearing

Good morning. US Treasury pick Scott Bessent targeted China and tax cuts in his confirmation hearing. Rio Tinto and Glencore are said to be in talks on a combination. And Nintendo will unveil its next-generation Switch in April.

CBS News on MSN · 13h

Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.

15h

Bessent: China Will Cut Prices In Response To Tariffs So They Can Continue To "Export Their Way Out Of Economic Malaise"

Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes ...

15h

Trump 1.0's China trade deal proved disappointing. Bessent suggests taking another stab at it.

Bessent has brought up the Trump 1.0 trade deal that called for Chinese purchases from U.S. farmers -- an agreement that's ...

1hon MSN

Bessent Clears Senate Grilling, Paving Way for His Confirmation

Treasury Secretary nominee Scott Bessent is on track to be confirmed following a confirmation hearing Thursday lacking the ...

15h

Bessent: Fair Trade Has To Balance Free Trade, China Has The Most Unbalanced Economy In History

Donald Trump's nominee for Treasury Secretary Scott Bessent said that fair trade is more important than free trade during a Senate confirmation hearing Wednesday, saying that SCOTT BESSENT: After our ...

Bessent criticises China's economic practices, proposes sanctions on Iran

During the Senate confirmation hearings, Bessent called China an 'unbalanced economy,' and described the nation as being in a ...

18hon MSN

Treasury secretary nominee Scott Bessent to make call to action during hearing: 'Generational opportunity'

Scott Bessent, President-elect Trump's pick for treasury secretary, will appear for a Senate Finance Committee confirmation ...

IJR14h

Trump Treasury Sec Nominee Fires Back At Dem Sen Who Tries Gotcha Question On ‘Clean Energy’ Race With China

Secretary of the Treasury nominee Scott Bessent told Democratic Oregon Sen. Ron Wyden that America is not engaged in a ...

17h

Bessent: Carbon tariffs could be part of an overall tariff program

President-elect Donald Trump's pick for U.S. Treasury Secretary, Scott Bessent, told U.S. senators on Thursday he is ...

Trump Treasury Nominee Scott Bessent Rejects U.S. Central Bank Digital Currency, Citing Privacy and Economic Concerns

Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, testified before the Senate Finance Committee ...

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