Tag: Scott Bessent
Under Biden, America got 150 countries to agree a 15% global corporate tax. Under Trump, America gets an exemption | Fortune
The OECD announced Monday that nearly 150 countries have agreed on the plan, initially crafted in 2021, to stop large global companies from shifting...
Democratic governors say the party’s midterm strategy must focus on voters’ pocketbook concerns
PHOENIX – Democratic governors met this weekend in Arizona, looking to parlay last month’s big victories for the party in New Jersey and Virginia...
Longtime Trump advisor Kevin Hassett emerges as favorite for Fed chair, Bloomberg reports | Fortune
Treasury Secretary Scott Bessent said Tuesday that there’s a “very good chance” that President Donald Trump will name a new Fed chair by Christmas—and...
The Latest: Supreme Court is hearing arguments on Trump’s tariffs
WASHINGTON – The U.S. Supreme Court is hearing arguments Wednesday over President Donald Trump’s sweeping tariffs, putting a tool at the center of his...
Government shutdown could become longest ever as Trump says he ‘won’t be extorted’ by Democrats
WASHINGTON – The government shutdown is poised to become the longest ever this week as the impasse between Democrats and Republicans has dragged into...
China agrees to purchase 25 million metric tons of U.S. soybeans annually, treasury secretary says
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Trump and China’s Xi are meeting in South Korea to try to roll back months of trade tensions
GYEONGJU – President Donald Trump is set to meet face-to-face with Chinese leader Xi Jinping on Thursday, a chance for the leaders of the...
The Latest: Trump meets with newly elected Japanese Prime Minister Sanae Takaichi in Tokyo
U.S. President Donald Trump is meeting with Japan's newly elected, ultraconservative leader in Tokyo during one of the busiest days of his Asia trip.Just...
The Latest: Trump arrives in Japan, where he’ll meet new Prime Minister Takaichi
U.S. President Donald Trump arrived on Monday in Japan, where he’ll meet new Prime Minister Sanae Takaichi for the first time. The meeting is...
US imposes sanctions on Colombia’s president and family members over drug trade allegations
WASHINGTON – The Trump administration imposed sanctions Friday on Colombian President Gustavo Petro, his family and a member of his government over accusations of...
