Scott Bessent, Private Sector

US Treasury's Bessent vows to re-privatize an economy that is 'brittle underneath'
U.S. Treasury Secretary Scott Bessent on Tuesday argued that the U.S. economy is more fragile under the surface than economic metrics suggest and vowed to "re-privatize" growth by cutting government spending and regulation.
Treasury Secretary Bessent: "As Government Employment Comes Down, The Private Sector Will Not Be Crowded Out Anymore"
Treasury Secretary Scott Bessent commented on concerns that DOGE firing thousands of government workers could trigger a recession, during an interview this morning with Maria Bartiromo on FNC's "Sunday Morning Futures.
Senate confirms Scott Bessent as Treasury secretary
The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new administration’s top financial job as President Donald Trump forges ahead on an ambitious economic agenda.
Treasury Secretary Bessent, tapped to run CFPB, orders staff to halt work
The staff at the Consumer Financial Protection Bureau was instructed by email to cease much of its work. Bessent, a wealthy Wall Street investor, replaces Rohit Chopra, who was fired on Saturday.
Treasury Secretary Bessent offers Zelenskyy an economic investment deal
President Donald Trump has tasked newly minted Treasury Secretary Scott Bessent to up the pressure on Ukrainian President Volodymyr Zelenskyy to end the war with Russia.
Scott Bessent wins Senate confirmation as US Treasury secretary
Indian Prime Minister Narendra Modi will come bearing gifts when he meets Donald Trump on Thursday, hoping concessions on tariffs, fresh business deals and the prospect of cooperation on China will win the U.S. president's favor.
Senate Confirms Scott Bessent as Trump’s Treasury Secretary
The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.
Treasury Secretary Bessent: Private sector has been in "recession"
Treasury secretary Scott Bessent said the U.S. private sector has been in a recession and placed blame on the Biden administration agenda. The big picture: In a wide-ranging speech, the Treasury secretary said the Trump administration was looking to reverse what he characterized as huge government spending that came at the expense of the private sector.
US economy is 'brittle underneath' despite reasonable metrics, US Treasury's Bessent says
U.S. Treasury Secretary Scott Bessent on Tuesday argued that the U.S. economy is more fragile under the surface than economic metrics suggest, citing interest rate volatility, sticky inflation and job growth focused on the government sector.
Bessent Says DOGE Push Isn’t About ‘Government Elimination’
Treasury Secretary Scott Bessent continued to dismiss angst over the efforts by DOGE to shrink the federal workforce and curb ...
Treasury Secretary Bessent: It's Clear The Russians Don't Like Trump's Peace Proposal, So The Ukrainians Should
Treasury Secretary Scott Bessent told Maria Bartiromo on FNC's "Sunday Morning Futures" that during his trip to Kiev last ...
Trump-structured mineral deal is 'win-win' for US, Ukrainian people: Treasury Secretary Scott Bessent
Treasury Secretary Scott Bessent on the U.S. and Ukraine nearing a deal for Ukrainian minerals, reciprocal tariffs to balance ...
Bessent says economic partnership will protect Ukrainians and US taxpayers
An economic partnership between Ukraine and the U.S. would benefit both countries, U.S. Treasury Secretary Scott Bessent ...