Saturday, November 8, 2025

Scott Bessent

Bessent Defends Trump’s Tariffs, Denies They Burden American Consumers

US Treasury Secretary Scott Bessent has rejected claims that President Donald Trump’s sweeping tariffs amount to a hidden tax on American consumers. In a televised interview, Bessent argued that despite warnings from major corporations, the broader economy continues to...

Treasury Chief Warns U.S.-China Trade War ‘Unsustainable’ as Trump Pushes Fed to Cut Rates

In a closed-door speech for JPMorgan Chase, U.S. Treasury Secretary Scott Bessent warned that the escalating trade war with China is "unsustainable" and expects a “de-escalation” between the two global economic giants. Although formal negotiations have yet to begin,...
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20% for Indigenous Peoples: A New Standard for Climate Justice?

A new $5.5 billion climate fund proposed at the Belem summit may be setting a new global standard for...
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