Newsom, Bessent and Ken Doll
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Denmark, Scott Bessent
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California Gov. Gavin Newsom (D) went after Treasury Secretary Scott Bessent over comments he made about the Golden State governor in which he likened him to “American Psycho” character Patrick Bateman.
Scott Bessent said US defense contractors are facing new restrictions because they "need to build more factories and buy back less stock."
“Denmark’s investment in U.S. Treasury bonds, like Denmark itself, is irrelevant," said Scott Bessent.
The Treasury secretary who previously urged Trump not to fire the Fed chair is now publicly building the case against him.
Treasury Secretary Scott Bessent said the refunds Americans get could be thousands of dollars per household.
Treasury Secretary Scott Bessent on Tuesday compared California Gov. Gavin Newsom (D) to fictional movie characters such as “American Psycho” villain Patrick Bateman and Sparkle Beach Ken from “Barbie.
Imports of oil from Indian refiners have boomed since the European Union curbed its direct purchases of energy fuels from Russia. Traders have taken advantage of a so-called “refining loophole” in the sanctions regime, by selling on oil products to Europe which are made from Russian crude then refined in India.
As the nation’s central bank, the Federal Reserve plays a critical role in the U.S. economy. But Treasury Secretary Scott Bessent is sounding the alarm about how the institution is being run — and is taking direct aim at its chair, Jerome Powell.