But Bessent was sharp in his rebuttal to naysayers. Asked about tariffs and the impact of the policies on America's working ...
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Bessent Downplays Worries On Rising Yields, AI Bubble Concerns
Bessent said the recent rise in US Treasury yields was in line with global trends and didn't warrant consternation, even as worries about persisting price pressures pushed some benchmark rates to ...
US Treasury Secretary Scott Bessent criticized prominent artificial-intelligence figures’ warnings about existential risks posed by the technology as alarmist and unhelpful, calling on the industry to ...
Last September, Bloomberg News Editor-in-Chief John Micklethwait got a call from US Treasury Secretary Scott Bessent. The secretary had been a regular on Bloomberg's TV programming and in its ...
US Treasury Secretary Scott Bessent told Axios AI labs must own their risks, and said the US will propose an AI incident warning system with China.
The Treasury secretary said in an interview with Axios that he cannot control the Treasury market but argued that U.S. bond yields would come back down over time.
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