Bessent

Why did gold prices see sharp swings last week? Scott Bessent says ‘things have gotten a little unruly in China’

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Sharp swings in gold prices last week were driven in part by speculative trading activity in China, US Treasury Secretary Scott Bessent said, as a record-breaking rally in precious metals reversed and rippled across global markets. US treasury secretary Scott Bessent’a remarks came after gold prices surged to record highs before abruptly pulling back. (Reuters … Read more

‘Can you shut him up?’ House Democrats clash with Bessent in fiery hearing

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House Democrats clashed with Treasury Secretary Scott Bessent on Wednesday during a fiery hearing on Capitol Hill that devolved into shouting matches and throwing sharp elbows. “Can you shut him up?” Rep. Maxine Waters of California, the top Democrat on the House Financial Services Committee, at one point asked Chairman Rep. French Hill of Arkansas … Read more

Warren, Bessent clash over Trump joke about suing Fed nominee Warsh

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NEWYou can now listen to Fox News articles! Sen. Elizabeth Warren, D-Mass., sparred with Treasury Secretary Scott Bessent Thursday during a Senate Banking Committee hearing over a joke President Donald Trump made about Federal Reserve nominee Kevin Warsh. Warren, the panel’s ranking member, asked Bessent about comments Trump made over the weekend, when he joked … Read more

Trump would decide whether to investigate Fed pick Warsh over refusal to cut rates: Bessent

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Sen. Elizabeth Warren (L), and Treasury Secretary Scott Bessent during a Senate Banking Committee hearing on Feb. 5th, 2026. Getty Images | Reuters Treasury Secretary Scott Bessent on Thursday refused to rule out the possibility of a criminal investigation of Kevin Warsh, President Donald Trump‘s nominee for Federal Reserve chair, if Warsh ends up refusing to … Read more