Treasury Secretary Scott Bessent joined CNBC for an interview on Oct. 28, 2026.
Treasury Secretary Scott Bessent said Wednesday that the Federal Reserve hiking interest rates in the future wouldn't undoubtedly be a mistake.
After CNBC's Brian Sullivan asked if the further rate increases in the future would constitute a monetary policy error, Bessent responded: "That's not necessarily so."
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Despite Treasury's Scott Bessent's remarks, financial tracker CME Fed Watch forecasts rate hike in December likely.
“Did Nvidia know their client?” Bessent asks, saying anyone at the company should be held accountable for chips leaking to China.
Scott Bessent told CNBC that several government agencies "were in favour of putting Megaspeed on the entity list for months".
Treasury Secretary Scott Bessent on Friday accused the Commerce Department of a delay in labeling Nvidia customer Megaspeed a possible national security threat, publicly airing an ongoing administration blame game following the ouster of Nvidia CEO Jensen Huang. CNN’s Kevin Liptak reports.
Kathmandu. After receiving a death threat from Iran, US Treasury Secretary Scott Bessent has prioritized his security and moved from his private residence in the Washington area to a US military ba...
US Treasury Secretary Scott Bessent becomes the latest Trump official to move onto a military base following security concerns. Here's what to know.
