# Scott Bessent
Latest news and articles about Scott Bessent
Total: 2 articles found
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.