Tag: Scott Bessent
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Scaramucci says he had ‘Potomac fever’ in the White House — and Bessent and Lutnick have it too
“You think you’re smarter than the people that live in Washington, but Washington changes you, you don’t change Washington,” Anthony Scaramucci told CNBC.
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China dissented from G20 statement opposing ‘cheap exports’ flooding market, Bessent says
Bessent is leading the Trump administration’s plan to choke off Iran’s economy by threatening its business partners with secondary sanctions.
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Apple’s new CEO, G20 meetings continue, the FTC sues Amazon and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Japanese borrowing costs hit 30-year high as Bessent says Tokyo may intervene to boost yen
The yen weakened to 160 per dollar on Tuesday as bond yields came under pressure, as traders eyed the potential for Japan to hike interest rates.
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These emerging markets are favored to get ‘a wall of money’ from carry trades
Emerging markets could attract more capital as Treasury bond buyback plans weaken the dollar and support carry trades, analysts say.
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Bessent reportedly tells Russia no economic relief until Ukraine war ends as Europe snubs Moscow at G20
The meeting underscored Washington’s willingness to reopen diplomatic talks with Moscow, as Europe intends to isolate the nation while the war continues.
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Tanker struck in Hormuz, raising worries over escalation, as Trump vows to hit Iran ‘hard’
Iran launched an attack on two American bases in Jordan on Monday in retaliation for the U.S. attack on its Larak Island.
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Markets see Warsh endorsing a rate hike in September. Not everyone is convinced
The path toward the move still looks cluttered.
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Bessent pushes back on Druckenmiller critique of bond intervention
Bessent, at a G20 finance meeting, told CNBC he spoke with Stanley Druckenmiller after his critical op-ed was published and that their conversation went “fine.”
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G20 meetings, strikes on Iran, the ‘alphabet soup’ economy and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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