Economy News Trump Ally Bessent Says Stocks Will Fall On ‘precarious’ Economy
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Bessent under discussion to also lead US National Economic Council, Bloomberg News reports
U.S. President Donald Trump's aides and allies are discussing the possibility of appointing Treasury Secretary Scott Bessent as the top White House economic adviser, Bloomberg News reported on ... Read More
Trump’s Mr. Fix it: Scott Bessent set to tackle affordability crisis
The next 11 months will be pivotal for Bessent ahead of the midterm elections, where affordability and the cost-of-living in this country will be one of the major issues facing voters. Read More
Scott Bessent on Tariffs, the Fed and the Economy
Fed chair Jay Powell has said the Fed expects tariffs to only temporarily lift inflation, though the one-time increase in price level could be spread over several quarters. Read More
Bessent: No recession risk for U.S. economy after shutdown
The Trump administration also plans an announcement this week aimed at lowering healthcare costs, Bessent said, echoing similar remarks from a senior White House official last week, but giving no ... Read More
Trump aides discuss tapping Bessent to lead National Economic Council - report
Trump aides consider Scott Bessent for top economic adviser, in addition to his role as Treasury secretary. Read more. Read More
2Trump Weighs Making Treasury Secretary Scott Bessent His Top Economic Adviser...
President Donald Trump is reportedly contemplating appointing U.S. Treasury Secretary Scott Bessent as his chief economic adviser if incumbent Kevin Hassett is chosen as the next Chairman of the ... Read More
Voters feel Trump admin is hurting more than helping on the economy: poll
WASHINGTON — Nearly half of registered voters say President Trump’s economic policies are doing more harm than good, according to a blistering new poll that also shows an overwhelming majority blame ... Read More
No recession risk for US economy as a whole, Bessent tells NBC
WASHINGTON (Reuters) -Treasury Secretary Scott Bessent on Sunday said the 43-day government shutdown caused an $11 billion permanent hit to the U.S. economy, but he was optimistic about growth ... Read More
Economic promises helped Trump get elected. Now he has an affordability problem
President Trump says he is going to "make America affordable again." It's a pledge he made frequently during the campaign. And now, after dropping it from his lexicon for more than eight months, he's ... Read More
Treasury secretary says there won't be a recession in 2026
Treasury Secretary Scott Bessent on Sunday said “no” when asked whether the U.S. was at risk of entering a recession in 2026, telling NBC News’ “Meet the Press” he’s confident Americans will feel ... Read More
Bessent ‘very, very optimistic’ about economy, says US will not enter recession
Treasury Secretary Scott Bessent assured he is “very, very optimistic” about the economic outlook of 2026 and dismissed concerns of an impending recession. Bessent appeared on NBC News’s Meet the ... Read More
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