united states secretary of the treasury

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Walmart, Trump and treasury secretary

Trump treasury secretary says Walmart will absorb some tariff costs – but shoppers may still pay more

Treasury Secretary Scott Bessent said retail giant Walmart "will be absorbing" the impact of President Donald Trump's signature tariffs, but some costs "may get passed on to consumers." Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before,

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Trump's Tariffs May Mean Walmart Shoppers Pay More, His Treasury Chief Acknowledges

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Treasury secretary says Walmart’s warnings on price increases are a ‘worst-case scenario’

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Trump warns Walmart: Don’t raise prices due to my tariffs but do eat the costs from those taxes

President Donald Trump on Saturday ripped into Walmart, saying on social media that the retail giant should eat the additional costs created by his tariffs.

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Trump tells Walmart to ‘eat the tariffs' after retailer warned it will raise prices

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Walmart responds to Trump comments on tariff-related price hikes

Scott Bessent, Treasury Secretary

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· 9d · on MSN

Treasury Secretary Scott Bessent: U.S. will hit debt limit in August

"Therefore, I respectfully urge Congress to increase or suspend debt limit by mid-July, before its scheduled break, to protect the full faith and credit of the United States," Bessent wrote.

· 12d

Treasury Secretary Scott Bessent to House Committee: "We Have Set The Table For A Robust Economy"

· 15h · on MSN

Treasury Secretary Scott Bessent says Trump's 'strategic uncertainty' is a negotiating tactic

9don MSN

Congress needs to address debt ceiling before its August recess to prevent default, Treasury secretary says

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, Treasury Secretary Scott Bessent wrote to congressional leaders Friday, urging them to act even sooner,

2don MSN

Moody’s strips America of its Triple-A credit rating — here’s why

Moody’s was the last among major ratings agencies to keep a top, triple-A rating for US sovereign debt, though it had lowered its outlook in late 2023 due to wider fiscal deficit and higher

4don MSN

China blasts new US rule banning use of Huawei’s Ascend advanced computer chips

China has taken aim at a new U.S. rule against use anywhere in the world of Ascend computer chips made by Huawei Technologies.

11don MSN

Treasury's Bessent says US should be 'premier destination' for digital assets

Treasury Secretary Scott Bessent testified before the House Financial Services Committee and discussed regulatory frameworks for the digital assets industry.

Shacknews7d

United States and China agree to temporarily suspend or cut most tariffs for 90 days

The two most important pieces to the global trade war puzzle may finally be coming together to prevent an attempted self-inflicted recession by the president.

New York Post6d

US and China agree to slash tariffs temporarily after trade talks

The United States and China agreed Monday to ... a White House readout of the agreement read. US Treasury Secretary Scott Bessent (right) and US Trade Representative Jamieson Greer hold a news ...

KTBS13d

No signs of US recession, Treasury Secretary says

There are currently no signs that the United States has entered a recession despite the world's largest economy recording a contraction in the first quarter, the US Treasury Secretary said Tuesday. "

3hon MSN

Treasury Secretary Bessent dismisses Moody's US credit downgrade as 'lagging indicator'

Treasury Secretary Scott Bessent downplayed the U.S. credit downgrade as a "lagging indicator" of economic and fiscal conditions, after Moody's took the U.S. off its top tier.