China, soybeans and Scott Bessent
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U.S. Treasury Secretary Scott Bessent blamed Senate Minority Leader Chuck Schumer for prolonging the government shutdown, saying Democrats need to vote to reopen the government.
The Trump administration has moved money around to pay troops, but the financial juggling act can't go on much longer, Bessent suggested.
Treasury Secretary Scott Bessent affirmed Monday that the list of candidates to become the next Federal Reserve chair has been whittled down to five finalists.
The Trump administration's Treasury secretary is expecting "substantial real income increases" in the first quarter of 2026, as Scott Bessent claims an affordability crisis is now "under control."
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Mega-rich MAGA official Scott Bessent mocked for saying he is “actually a soybean farmer”
“You did mention that China has been boycotting American soybeans, and American farmers have really suffered,” ABC host Martha Raddatz told him on Sunday. “Do you see a real light at the end of the tunnel there? That they may allow soybeans again?”
President Trump’s tariff battle with China has hit soybean farmers particularly hard. Treasury Secretary Scott Bessent says he feels their pain. “In case you don’t know it, I’m actually a soybean farmer.
US Treasury Secretary Scott Bessent comes to the rescue of hedge funds including BlackRock, Fidelity, Pimco and Discovery Capital Management, all of which bought Argentine bonds. Several fund managers share a professional past with the US official.
Finalizing a $20 billion lifeline for Argentina using taxpayers’ funds during the government shutdown was an essential action for the agency, Treasury Secretary Scott Bessent said Tuesday.