Tag - scott bessent

 
 

SCOTT BESSENT

Scott Bessent, then nominee for U.S. treasury secretary, arrives for his confirmation hearing before the Senate Finance Committee on Capitol Hill in Washington on Jan. 16.
BUSINESS / Economy
Jan 28, 2025
Billionaire financier Bessent confirmed as Trump's treasury chief
The new treasury secretary will be the chief economic spokesman for President Donald Trump and his sweeping agenda of tax cuts, deregulation and trade rebalancing.
It’s hard to overstate the importance of the U.S. Treasury market as it sets global stock and bond prices and shapes U.S. deficit financing costs.
COMMENTARY / World
Nov 27, 2024
Bessent will have to fix America's finances. Good luck with that.
It’s hard to overstate the importance of the U.S. Treasury market as it sets global stock and bond prices and shapes U.S. deficit financing costs.
Scott Bessent speaks at a campaign event for Donald Trump in Asheville in North Carolina in August.
WORLD
Nov 23, 2024
Trump taps Scott Bessent for U.S. Treasury
Bessent has advocated for tax reform and deregulation, particularly to spur more bank lending and energy production.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past