Politics · World
US Treasury Secretary Bessent Faces Scrutiny Over Economic Policies
US Treasury Secretary Scott Bessent faced scrutiny in a House hearing regarding his defense of Treasury intervention and the Trump-era economy. The Economist suggested Bessent should not blame the bond market for economic issues, implying his policies are being tested. The Financial Times reported that political considerations appear to be influencing Bessent's thinking. Additionally, Bessent confirmed a meeting with Chinese Vice Premier He Lifeng shortly before President Xi Jinping's visit to the US.
How outlets across the spectrum covered it
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- Centre (4): CNBC, Financial Times, South China Morning Post, The Economist