Treasury Secretary Scott Bessent said he will meet next week with Chinese trade negotiators in Stockholm for discussions on avoiding steep tariffs.

Treasury Secretary Scott Bessent joins Morning Joe to defend President Trump’s aggressive trade strategy, insisting “who pays the tariffs is a choice” and claiming inflation will remain “very benign.” Bessent says manufacturers and retailers are absorbing costs—and that Trump “won’t fire” Fed Chair Powell,

President Donald Trump lashed out at Fed Chair Jerome Powell on Truth Social Wednesday moments after Treasury Secretary Scott Bessent appeared on MSNBC to claim Powell's job is safe. Morning Joe host Jonathan Lemire asked Bessent,

Bloomberg reported on Tuesday that U.S. companies and consumers are paying for Trump’s signature policy, and not foreign firms. The outlet cited how import prices, excluding fuel, had increased in June, signaling that other countries are not absorbing the blow like President Donald Trump has argued.

US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and the potential for higher inflation.

Treasury Secretary Scott Bessent said Monday he believes the Federal Reserve system should be reviewed for potentially holding back the US economy, which is “on the cusp” of growth that could equal the dot-com boom seen in the 1990s.

President Donald Trump criticized a Wall Street Journal article that reported his Treasury Secretary, Scott Bessent, had advised against firing Jerome Powell, the Federal Reserve Chairman.

There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said on Tuesday, adding that the Fed chief's legacy should be to right-size the central bank's non-monetary policy functions.