Category : Search result: Andy Bessent


Fed 'Stuck in Past' Says Treasury Official

US Treasury official Andy Bessent criticizes Federal Reserve's communication strategy, saying their language shows they're behind the times in economic approach.

Trump Orders Nuclear Testing to Counter China, Russia

Former President Trump's directive to restart nuclear weapons testing signals major shift in US defense policy as Scott Bessent warns America trails China but will catch up following Russia's recent trials.

Top 5 Contenders to Replace Fed's Jerome Powell

As Jerome Powell's term nears its end, speculation intensifies about his potential successor. Scott Bessent reveals five frontrunners for the most powerful economic role in America.

US-China Trade Breakthrough: Major Framework Reached

In a significant diplomatic breakthrough, the US and China have reached a substantial framework agreement to de-escalate trade tensions, avoiding potentially devastating 100% tariffs and a rare earth export clash that threatened global supply chains.

IMF, World Bank Urged to Get Tough on China

Top US official Paul Bessent demands international financial institutions take stronger stance against China's economic policies and lending activities in developing nations.

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