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Treasury Secretary on Trump Tariffs

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Treasury Secretary Scott Bessent denied that the president's move to implement a blanket pause on his tariffs was the result of declines in the financial markets, arguing the action was part of Trump'...
From Fox News
Bessent called for "commonsense principles" in banking regulations to ease burdens, especially for community banks that have had to deal with rules tailored for larger institutions.
From Reuters

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Treasury Secretary Scott Bessent denies that tariff pause is due to market declines
Treasury Secretary Scott Bessent denied that the president's move to implement a blanket pause on his tariffs was the result of declines in the financial markets, arguing the action was part of Trump's strategy all along.
Treasury Secretary Scott Bessent denies bond market panic pushed Trump into backing down on tariffs
Treasury Secretary Scott Bessent denied that chaos in the bond market over the deleveraging of so-called basis trades forced President Trump into putting his global trade tariffs on pause for 90 days.
Trump tariffs are "negotiating strategy," Treasury chief Scott Bessent suggests as pause announced
The sweeping tariffs President Trump announced last week were a "negotiating strategy," Treasury Secretary Scott Bessent suggested Wednesday as the president announced a 90-day pause on most of those tariffs.
Bessent says US Treasury to take stronger role in bank regulation, easing undue burdens
U.S. Treasury Secretary Scott Bessent said on Wednesday his department will play a greater role in banking regulation to better balance costs and benefits and ensure that lenders can finance growth in the U.
Trump tariffs live updates: EU OKs countermeasures, China hits US with 84% tariff
Bessent says tariff deals could come 'very quickly' ABC News’ Mary Bruce asked Treasury Secretary Scott Bessent on Tuesday morning how soon he thinks deals can be made with other nations as some tariff negotiations begin.
US markets rally as Trump's treasury secretary calls China tariff escalation a 'big mistake'
US stocks rally after days of turmoil, as European and Asian markets also stabilise White House Treasury Secretary Scott Bessent calls Beijing's response to US tariffs a "big mistake", after China says it will "fight to the end" It comes after Trump threatened to hit Beijing with an extra 50% tariff if it doesn't withdraw its 34% retaliatory levy by the end of the day - here's how the tit-for-tat tariffs unfolded With a deadline looming for China,
The Treasury Secretary Needs Better Data on How You Save for Retirement
Scott Bessent said on television that most people kept 401(k) money in a 60% stock fund. It’s not quite that simple.
Treasury Secretary Bessent says ‘it's Main Street's turn' after Wall Street grew wealthier for 4 decades
The Trump agenda is focused on Main Street. It’s Main Street’s turn… It’s Main Street’s turn to drive investment,” Bessent said.
Bessent Downplays China’s 84% Retaliatory Tariff: ‘So What’
The treasury secretary spoke with Fox Business moments after China announced an 84% retaliatory tariff against the U.S.
The Latest: Treasury secretary says Trump will keep 10% import tariff, raise import tax on China
President Donald Trump has launched tariff wars with nearly all of the United States’ trading partners. And there’s no end in sight.
Bessent: China tariff retaliation ‘a loser for them’
Treasury Secretary Scott Bessent said China’s Wednesday retaliation to the president’s trade measures will prove to be a poor choice. “They have the most imbalanced economy in the history of the
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Bessent Says Treasury to Take on Greater Role in Bank Regulation
Treasury Secretary Scott Bessent says his department intends to play a greater role in banking regulation to ensure lending policies better match the risk of financial firms.
China trade escalation unfortunate, loss for them, US Treasury secretary says
China's move to impose 84% retaliatory tariffs against the United States is unfortunate and a losing proposition for Beijing, U.S. Treasury Secretary Scott Bessent said on Wednesday.
US Treasury Sec. Bessent: US has a strong Dollar policy
In an interview with Fox Business Network on Wednesday, US Treasury Secretary Scott Bessent said China's decision to raise tariffs on US imports to 84% is "unfortunate," per Reuters. "China's escalation is a loser for them."
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