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Scott Bessent

Business

U.S. Treasury Secretary Highlights $11 Billion Cost of Government Shutdown, Projects Strong 2026 Growth

November 24, 2025

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Treasury Secretary Scott Bessent warns the 43-day U.S. government shutdown cost $11 billion but projects strong economic growth in 2026 through tax cuts, lower energy prices, and trade deals.

U.S. Treasury Secretary Scott Bessent stated that the 43-day government shutdown dealt an $11 billion blow to the American economy…

Law

Trump Administration May Approve SNAP Payments After Federal Court Orders Emergency Funding

November 2, 2025

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Bessent Sees Strong 2026 Growth Despite Current Economic Headwinds

U.S. Treasury Secretary Scott Bessent said that President Donald Trump’s administration may give the green light to release Supplemental Nutrition…

Business

Federal Reserve Poised for September Rate Cut Amid Inflation and Weak Job Growth

August 14, 2025

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This projection came from CME Group’s FedWatch tool following Tuesday’s release of the July Consumer Price Index (CPI) data,

The likelihood of the Federal Reserve cutting interest rates in September is now close to 100% after new data showed…