Scott Bessent - Febspot

Scott Bessent

A collection of 11 posts

Kevin Warsh nomination could haunt Treasury secretary Scott Bessent — Static01.nyt.com

Kevin Warsh nomination could haunt Treasury secretary Scott Bessent

President Trump on Friday announced his selection of Kevin M. Warsh as his pick for Federal Reserve chair, a choice that grew out of a drawn-out vetting process led by Treasury Secretary Scott Bessent. Mr. Warsh, who served as a Fed governor from 2006 to 2011, has in recent months

Trump expected to announce Kevin Warsh as Fed chair — Static01.nyt.com

Trump expected to announce Kevin Warsh as Fed chair

President Trump is set to announce his choice to replace Jerome H. Powell as chair of the Federal Reserve on Friday and is expected to select Kevin M. Warsh, a former Fed official, according to multiple people familiar with his plans, the report says. Mr. Warsh served as a Federal

B.C. premier says Alberta separatists’ secret US talks amount to ‘treason’ — I.guim.co.uk

B.C. premier says Alberta separatists’ secret US talks amount to ‘treason’

Covert meetings between separatist activists in Alberta and members of Donald Trump’s administration amount to “treason”, British Columbia premier David Eby said on Thursday, after revelations first reported by the Financial Times that far-right activists met US state department officials. “To go to a foreign country and to ask

U.S. Treasury took steps to weigh yen intervention after market turmoil — Static01.nyt.com

U.S. Treasury took steps to weigh yen intervention after market turmoil

The U.S. Treasury took preliminary steps toward intervening in currency markets after Treasury Secretary Scott Bessent expressed concern that recent turmoil in Japan could spill over to the United States, and the Federal Reserve Bank of New York asked banks about the cost of exchanging yen for dollars, according

Trump lands on backup plane and heads to Davos as Greenland row looms — I.insider.com

Trump lands on backup plane and heads to Davos as Greenland row looms

Businessinsider: President Donald Trump landed in Switzerland on a replacement Boeing C-32A after an electrical fault forced Air Force One to turn back, and is scheduled to speak at the World Economic Forum in Davos — his jet touched down just after 12:30 p.m. local time and the address

Davos tariff remarks trigger crypto sell-off as Bitcoin falls under $90,000 — Assets.beincrypto.com

Davos tariff remarks trigger crypto sell-off as Bitcoin falls under $90,000

Beincrypto reports crypto markets sold off after US Treasury Secretary Scott Bessent’s remarks at the World Economic Forum in Davos signaled renewed trade‑war risks and potential tariff escalation. Bitcoin fell below $90,000 and Ethereum slipped under $3,000 as investors turned risk‑off. Bessent reaffirmed tariffs as

Bessent Says Powell's Attendance at Supreme Court Arguments Was 'a Mistake' — Static01.nyt.com

Bessent Says Powell's Attendance at Supreme Court Arguments Was 'a Mistake'

Treasury Secretary Scott Bessent said on Tuesday that it was a mistake for Federal Reserve Chair Jerome H. Powell to attend Supreme Court oral arguments this week over whether President Trump has the authority to remove Fed governor Lisa D. Cook. Mr. Bessent made the remark speaking to CNBC on

US Treasury chief urges Europe not to retaliate over Greenland tariffs at Davos — I.guim.co.uk

US Treasury chief urges Europe not to retaliate over Greenland tariffs at Davos

At the World Economic Forum in Davos, US Treasury Secretary Scott Bessent urged European countries not to retaliate against trade tariffs tied to Donald Trump’s threats over Greenland, telling reporters: "sit back, take a deep breath, and let things play out." Trump has said eight European countries

Bessent: Trump frames Greenland control as strategy to avoid war — I.insider.com

Bessent: Trump frames Greenland control as strategy to avoid war

Businessinsider reported that Treasury Secretary Scott Bessent said President Donald Trump is serious about annexing Greenland and framed US control as a strategic move to avoid a "hot war." Trump announced on Truth Social on Saturday that the United States would impose new tariffs on Denmark, which controls

Plans for Fannie Mae and Freddie Mac IPO Remain Unclear After White House Push — Static01.nyt.com

Plans for Fannie Mae and Freddie Mac IPO Remain Unclear After White House Push

Six months after President Trump urged major banks to prepare an initial public offering for Fannie Mae and Freddie Mac, there is still no firm plan for taking the government-controlled mortgage firms public, several people briefed on the process said. The government has retained the law firm Sullivan & Cromwell

Broad bipartisan and market pushback grows over Powell criminal probe — Static01.nyt.com

Broad bipartisan and market pushback grows over Powell criminal probe

A criminal investigation into Federal Reserve Chair Jay Powell has prompted growing resistance in Washington, with former central bankers, some Republican lawmakers and market participants rallying to his defense as the dispute with the Trump administration deepens. Powell accused the administration of using threats of a federal criminal investigation as