Tag: Scott Bessent
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White House announces progress in trade talks with China
Earlier today, US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer announced that they made “substantial progress” in trade talks between the US and China. The trade talks are being held in Geneva, Switzerland. The US Treasury Secretary said that more details will be provided in the morning. On the 2nd April, President…
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Ukraine and the US sign long-awaited economic agreement on mineral rights
Ukraine and the United States signed the long-awaited mineral rights agreement in Washington. The agreement was signed by US Treasury Secretary Scott Bessent and Ukraine’s Deputy Prime Minister and Minister of the Economy Yulia Svyrydenko. The agreement has created the United States-Ukraine Reconstruction Investment Fund which according to the US Treasury it signals the message…
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US Treasury Secretary denies White House insider trading: says market uncertainty has peaked
During a visit to Argentina, US Treasury Secretary was interviewed by Bloomberg and said that market uncertainty has peaked. Following comments he made on tariffs he said that “If we measure uncertainty by the $VIX then I think it spiked and likely peaked.” The US Treasury Secretary also denied that the White House was involved…
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“Walter Bloomberg” was right: stock markets rebound as Trump announces 90-day tariff reprieve
Stock markets have rebounded adding more than $4 trillion in value after President Trump announced a 90-day reprieve for his global tariff war lowering US tariffs on most countries to just 10%. However, President Trump added tariffs on China will remain and will increase to the tune of up to 125% after China retaliated with…
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“Walter Bloomberg” saves the stock market: fake news tweet on tariffs suspension followed by $2.5 trillion swing in the S&P500
A popular financial news account on X.com (Twitter), with over 800,000 followers and operating under the pseudonym “Walter Bloomberg” that uses a photo of Russian actor Vyacheslav Shatnenko, tweeted a fake news item claiming that President Trump was considering a 90-day suspension of the tariffs he announced last week. The tweet was followed by a…
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Ex-Soros Investment Manager Scott Bessnent to be made US Treasury Secretary: Tether’s banker Howard Lutnick for Commerce Secretary
President-elect Donald Trump is nominating Scott Bessnent for his Treasury Secretary. Hedge Fund Manager and founder of Key Square Capital Management. Scott Bessnent worked for George Soros as his chief investment officer. He supported Donald Trump for his election bid and is arguing that the government’s ballooning debt can be brought down by further economic…
