Treasury Secretary Bessent backs rate cuts but says he understands if the Fed wants to wait
Treasury Secretary Scott Bessent on Tuesday expressed confidence that inflation will moderate through the year, giving the Federal Reserve room ...
Tag: Scott Bessent
Vance, Bessent questioned tech giants on AI security before Anthropic’s Mythos release
Vice President JD Vance and Treasury Secretary Scott Bessent last week questioned leading tech CEOs about the security of artificial ...
Powell, Bessent discussed Anthropic’s Mythos AI cyber threat with major U.S. banks
Scott Bessent, Treasury Secretary (L), and Jerome Powell, chairman of the US Federal Reserve.Getty ImagesFederal Reserve Chairman Jerome Powell and ...
China says ‘thorough preparations’ needed as Trump-Xi meeting hangs in the balance amid Iran war
Chinese Foreign Minister Wang Yi attends a press conference on China's foreign policy and external relations on the sidelines of ...
CNBC Daily Open: Amazon’s projected capex dwarfs that of its peers — which have already spooked markets
The logo and lettering of online retailer Amazon can be seen on the façade of Amazon Germany's headquarters. Sven Hoppe ...
Bessent says Powell attending Supreme Court arguments on Lisa Cook is a mistake
Federal Reserve Chair Jerome Powell shouldn't attend upcoming Supreme Court arguments regarding President Donald Trump's efforts to fire one of ...
Bessent says Trump’s pick for the next Fed chair could happen next week
After months of speculation and political intrigue, President Donald Trump is close to nominating the next chair of the Federal ...
Trump to start final Fed chair interviews beginning with Kevin Warsh
President Donald Trump will begin the final interviews of candidates for the Federal Reserve chair this week, putting back on ...
Air cargo impact from post-crash MD-11 grounding seen as ‘minimal,’ analysts say
The grounding of MD-11 aircraft after the deadly crash of a UPS plane earlier this month could boost air cargo ...
Nvidia’s earnings blowout, Walmart’s outlook, Fed minutes and more in Morning Squawk
Jensen Huang, chief executive officer of Nvidia Corp., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, ...
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