Tag #Scott Bessent

Showing 1 to 12 of 19 results

us.cnn.com
🌐 85% Global Worthiness
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Treasury Secretary Calls for Federal Reserve Banking Regulation Removal

Treasury Secretary Scott Bessent advocates for removing the Federal Reserve's banking regulatory authority, citing conflicts of interest and suggesting an independent review of the institution.

Progress

60% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Bond Market Turmoil: Policy Missteps and Fiscal Recklessness Drive Yields Higher

In 2025, the U.S. bond market experienced extreme volatility as the 10-year Treasury yield swung between 4.0% and 4.47%, driven by policy missteps (tariffs, One Big Beautiful Bill Act), inflation fears, and a credit downgrade; Treasury Secretary Bessent's aim to lower yields is proving elusive.

Progress

44% Bias Score

Reduced Inequality
dw.com
🌐 75% Global Worthiness
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US-China Trade Talks Continue in Geneva; Potential Tariff Reductions

US and Chinese trade officials met in Geneva on May 10th for talks aimed at reducing tariffs, with a potential for tariff reductions despite publicly stated tough positions, and private communications between the countries concerning exemptions.

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36% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 85% Global Worthiness
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US-China Trade Talks Resume Amidst High Tariffs

US and Chinese representatives will hold trade talks this weekend in Switzerland to address high tariffs (145 percent US on Chinese goods, 125 percent vice versa) imposed during the trade war; the talks follow a 90-day pause on global tariffs announced by President Trump, but with increased tariffs ...

Progress

40% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 85% Global Worthiness
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High-Level US-China Trade Talks Scheduled

US Treasury Secretary Steven Mnuchin will meet with Chinese Vice-Premier He Lifeng on May 8th in Switzerland to discuss de-escalating trade tensions, following recent tariff increases by both countries, initiated by China to address global economic concerns and US industry and consumer appeals.

Progress

44% Bias Score

Decent Work and Economic Growth
nrc.nl
🌐 85% Global Worthiness
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Bessent Replaces Navarro as Trump's Trade Advisor, Suspends Tariffs for 90 Days

President Trump's trade advisor Peter Navarro was replaced by Scott Bessent, who persuaded Trump to temporarily suspend import tariffs for 90 days (excluding China), prompting a positive market response and raising questions about the future direction of US trade policy.

Progress

40% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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Trump's Next Fed Chair: Bessent or Warsh?

President Trump is expected to soon name either Treasury Secretary Scott Bessent or former Fed governor Kevin Warsh as the next Federal Reserve chair, replacing Jerome Powell in May 2026; the decision raises concerns about maintaining the Fed's independence from political influence.

Progress

52% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 90% Global Worthiness
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US and China Agree to 90-Day Tariff Reduction

The US and China have agreed to a 90-day tariff reduction, lowering US tariffs on Chinese imports to 30% and Chinese tariffs on US imports to 10%, starting May 14, in an attempt to de-escalate trade tensions and avert a complete trade decoupling.

Progress

40% Bias Score

Decent Work and Economic Growth
hu.euronews.com
🌐 85% Global Worthiness
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US-China Trade Talks Begin in Geneva Amidst High Tariffs

US Treasury Secretary Scott Bessent and US Trade Representative Jamieson are meeting in Geneva with a Chinese delegation to discuss high tariffs imposed by both countries, disrupting over $660 billion in trade annually; prospects for de-escalation are currently considered low.

Progress

40% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
🌐 85% Global Worthiness
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China-US Trade Talks: High-Level Meeting Scheduled

China's Vice Premier He Lifeng will meet with US Treasury Secretary Scott Bessent in Switzerland from May 9-12 to discuss trade issues stemming from US tariffs imposed in 2018, impacting bilateral relations and the global economic recovery; China seeks dialogue based on mutual respect and reciprocal...

Progress

48% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Bessent Predicts De-escalation in US-China Trade War

US Treasury Secretary Scott Bessent declared the current trade war with China unsustainable, predicting de-escalation despite lacking formal negotiations; this follows an IMF growth forecast cut to 1.8% for the US due to unpredictable trade policy.

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 90% Global Worthiness
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China Retaliates with 84% Tariff as U.S.-China Trade War Intensifies

The U.S.-China trade war intensified Wednesday as China imposed an 84% retaliatory tariff against the U.S. following new U.S. tariffs, causing the S&P 500 to drop and increasing recession fears, according to Treasury Secretary Scott Bessent and JPMorgan Chase CEO Jamie Dimon.

Progress

48% Bias Score

Reduced Inequality

Showing 1 to 12 of 19 results