Scott Bessent

Meet the Contenders: Who Will Lead the Fed After Powell?

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Bessent Finalizes Fed Chair Candidates for Trump

Bessent Finalizes Fed Chair Candidates for TrumpMelissa Smith – Who will steer the Federal Reserve through the economic storms ahead?

According to Fox Business, Treasury Secretary Scott Bessent has wrapped up interviews for the next Fed chair, presenting a shortlist of five candidates to President Donald Trump for a decision expected by Christmas 2025.

Since Labor Day, Bessent has been diligently meeting with potential successors to current Fed Chairman Jerome Powell. Powell, appointed by Trump in 2017, will see his term end in May 2026. The stakes couldn’t be higher for this role, as the Fed’s decisions shape interest rates, inflation, and ultimately, your wallet. Continue reading →

Behind the Scenes: Bessent’s Role in Trump’s Economic Vision

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Scott Bessent is staying on the job at a pivotal point for Trump’s agenda

Behind the Scenes: Bessent’s Role in Trump’s Economic Vision
Scott Bessent

Salena Zito — It should come as no surprise that Treasury Secretary Scott Bessent declined to be the next Federal Reserve chairman. Spend any time listening to Bessent talk, and it is clear he is laser-focused on one thing, something he can only accomplish in his current job: lifting America’s economy into a position where both Main Street and Wall Street are performing equally robustly.

The 79th treasury secretary also loves working with President Donald Trump, something that became very evident when I was a fly on the wall on Air Force One at the end of May. That’s when Bessent traveled with the president to the U.S. Steel Mon Valley Works–Irvin Plant in West Mifflin, Pennsylvania. The banter, trust, and respect that went both ways between the men were tangible. Continue reading →

Insights from Scott Bessent on US Trade Policy and China Relations

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Scott Bessent Schools CBS Host on Basic Economics After ‘Gotcha’ Question

Scott Bessent Schools CBS Host on Basic Economics After ‘Gotcha’ Question
Scott Bessent

Trent Walker – Treasury Secretary Scott Bessent took a seasoned CBS News anchor to school, brushing off previous warnings she made concerning inflation during an interview on her Sunday news program. With this one rebuttal, Bessent waved away months of skepticism concerning President Donald Trump’s economic policies.

Bessent made an appearance on “Face the Nation,” where he squared off against anchor Margaret Brennan on the topic of the president’s tariffs and the alleged threat they pose to Americans’ bank accounts. Continue reading →

Trump’s Trade Strategy Pays Off: U.S.-China Tariffs Reduced Dramatically

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Trump’s Trade Chess Game Yields Major Victory as China Folds

Trump’s Trade Chess Game Yields Major Victory as China Folds
Scott Bessent

Noah Stanton – In the complex game of international trade, knowing when to apply pressure and when to ease off requires the touch of a grandmaster. Like a chess player who sacrifices a pawn to gain positional advantage, sometimes the most powerful moves aren’t immediately obvious to casual observers.

When President Trump announced his sweeping tariff policy earlier this year, markets trembled and critics warned of economic catastrophe. The business press painted dire pictures of empty store shelves and skyrocketing prices. Warren Buffett himself called the tariffs “not right or wise,” and a Fox News poll showed only 33% of Americans approved of Trump’s tariff policy. Continue reading →