Trump Dismisses IRS Commissioner, Bessent Appointed as Interim Leader
Trump’s Firing of IRS Commissioner Long A senior official from the White House has confirmed that President Donald Trump has removed Internal Revenue Service Commissioner Long from his position as of Friday afternoon, which comes just a couple of months after his appointment. The reasons for Long’s dismissal have not been disclosed by officials who […]
Scott Bessent Suggests BLS Used a ‘Lazy Approach’ to Gather ‘Flawed’ Data
Treasury Secretary’s Critique on Labor Statistics Treasury Secretary Scott Bescent shared his thoughts during a recent appearance on “Morning Joe,” expressing concerns that the Bureau of Labor Statistics (BLS) relies on “corrupted” data, which leads to significant errors in their initial employment figures. According to the BLS, only 73,000 jobs were added in July, while […]
Trump States Scott Bessent Will Not Be Chosen for Fed Chair Position Because ‘He Does Not Want It’
Trump Rules Out Potential Fed Chair Replacement On Tuesday, President Donald Trump dismissed the idea of Treasury Secretary Scott Bescent taking over the role of Federal Reserve Chairman from Jerome Powell. Despite Trump’s pressure, Powell has reportedly communicated to close colleagues that he plans to serve his complete term, which ends in May 2026. Trump […]
Scott Bessent Suggests When Trump Could Announce Powell’s Successor
Treasury Secretary’s Update on Federal Reserve Chair Candidates Treasury Secretary Scott Bescent shared on Fox News’ “Ingraham Angle” that the Trump administration plans to announce potential candidates for the Federal Reserve Chair in either December or January. There has been growing tension between Fed Chairman Jerome Powell and the Trump administration, particularly as President Trump […]
Scott Bessent criticizes Biden’s former administration after she brings up China to attack Trump
Treasury Secretary Scott Bescent Responds to Janet Yellen’s Criticism Treasury Secretary Scott Bescent has pushed back against former Treasury Secretary Janet Yellen after she criticized the Trump administration’s economy and trade policies. This exchange came from an interview Yellen did with Wire China, released on Friday. Yellen, who served under President Biden from 2021 to […]
‘Steady Taxes, Affordable Energy’: Scott Bessent Explains to Bannon How the US Will Turn into the ‘Top Place for Investment’
Transforming the U.S. into a Top Capital Destination Treasury Secretary Scott Bescent shared insights on Wednesday about how tax certainty, affordable energy, and reduced regulations could elevate the United States as a premier capital destination. During his appearance on Bannon’s Warroom, Bescent anticipated an economic surge comparable to the post-World War II growth. He highlighted […]
Scott Bessent Reminds China They Need Access To US Market Far More Than America Needs Access To Their Economy
Treasury Secretary Scott Becent warned on Wednesday that China’s decision to retaliate against President Donald Trump’s tariffs would ultimately backfire. China has announced that it is increasing the tariff on American products from 34% to 84% in response to hiking tariffs on Chinese products from 54% to 104%, and CNBC. It has been reported. In […]
Larry Kudlow Presses Scott Bessent About How Administration Decided Trump Tariff Rates
Larry Kudrow pushed US Treasury Scott Bescent on Fox Business on Monday on the rationale behind the tariff rates imposed by President Donald Trump. Trump declared a national emergency on Wednesday to enforce mutual tariffs on countries that impose import charges on the US, dubbing the “liberation day” move and setting a baseline tariff rate […]
Scott Bessent Slams ‘Discombobulated’ Chuck Schumer Over ‘Extreme’ Social Security Rhetoric
Treasury Secretary Scott Becent criticized Senate Minority Leader Chuck Schumer on Wednesday for claiming that President Donald Trump’s administration was aiming to destroy social security “from within.” Schumer said Wednesday. Press conference The government’s “goal” is to “create” [Social Security] Donald Trump is not very efficient as he has the pretext of killing it and […]
Scott Bessent Says Tariffs Will Go Up For Any Leader Acting Like ‘Numbskull’ Justin Trudeau
US Treasury Secretary Scott Bescent said on Thursday that Fox business host Larry Kudrow emulates “numbskull” like Canadian Prime Minister Justin Trudeau could see higher tariffs from the US. President Donald Trump announced Monday that he would cite the new tariffs in Canada, Mexico and China, and that “a huge amount of fentanyl” would be […]