News

White House insists Trump newborn accounts won’t ‘substitute’ Social Security
The White House is walking back Treasury Secretary Scott Bessent‘s claim that President Donald Trump‘s accounts for newborns ...
Watch CNBC's full interview with Treasury Secretary Scott Bessent
Treasury Secretary Scott Bessent joins 'Power Lunch' to discuss the latest news regarding trade negotiations. Princess ...
Trump signs order imposing new tariffs on a number of trading partners that go into effect in 7 days
The White House says President Donald Trump will sign an executive order to impose new tariff rates starting midnight Friday.
No deal on China tariffs until Trump agrees, says Bessent
Trump started hiking tariffs on Chinese goods shortly after his return to the White House. China ultimately responded with ...
Scott Bessent focused on ‘quality of the deal, not the timing’ on tariffs
President Donald Trump’s deadline for tariffs was postponed twice. It is now Aug. 1, but Bessent claimed the deadline is not the most important part.
US and China to talk in Stockholm on trade with eye on Trump-Xi summit later this year
U.S. and Chinese officials are meeting in Stockholm to discuss trade tariffs and a potential summit between their leaders.
Treasury Secretary Bessent calls for a review of ‘the entire' Federal Reserve
In a CNBC interview, Treasury Secretary Scott Bessent suggested for a review of the Federal Reserve that would go beyond the ...