# Scott Bessent
Latest news and articles about Scott Bessent
Total: 4 articles found

From Friction to 'Lists': China’s Strategic Bid to Reframe Trade Relations with Washington
Chinese officials have called for a expansion of cooperative projects and a reduction of trade disputes following high-level economic talks in South Korea. The strategy aims to stabilize the U.S.-China relationship through a pragmatic approach of 'lengthening cooperation lists' and 'shortening problem lists.'

Bridging the Pacific in Seoul: He Lifeng and Scott Bessent Reconvene for High-Stakes Trade Talks
Chinese Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent held trade consultations in South Korea to discuss mutual economic concerns and practical cooperation. The meeting follows the consensus reached by their respective heads of state and aims to stabilize the bilateral economic relationship through candid diplomacy.

US Treasury Chief Says No Price Too High for Action Against Iran, Raising Fiscal and Strategic Alarms
Treasury Secretary Scott Bessent told Sky News there is no monetary cost that would make him tell President Trump a war with Iran is unaffordable, while administration officials told Congress the first six days of such a conflict could cost at least $11.3 billion. The comment signals a willingness to prioritise strategic aims over fiscal caution, raising questions about Congressional funding, market fallout and regional escalation risks.

Markets Back BlackRock’s Rick Rieder as Surprise Front‑Runner for Fed Chair
Prediction markets now favor BlackRock’s Rick Rieder as the leading candidate to replace Jerome Powell, with traders pricing his probability around 60 percent. His Wall Street standing, openness to Fed reform and positive feedback from investors have put him ahead of other contenders, even as questions about central‑bank independence and policy direction persist.