Scott Bessent’s X-rated insult to Gavin Newsom
Digest more
Treasury Secretary Scott Bessent on Wednesday offered some biting words about Denmark, which maintains territorial control over Greenland, after the European country’s pension fund announced it would unwind its investment in US government bonds.
The Treasury secretary who previously urged Trump not to fire the Fed chair is now publicly building the case against him.
Responding to Newsom’s recent comparison of President Donald Trump to a Tyrannosaurus rex, Bessent made his own dinosaur comparison for the governor.
Scott Bessent said US defense contractors are facing new restrictions because they "need to build more factories and buy back less stock."
Treasury Secretary Scott Bessent ripped California Gov. Gavin Newsom for his comments calling the Trump official “smug.” On Tuesday, Bessent spoke on a panel at the World Economic Forum in Davos, Switzerland,
The clapback came a day after Bessent used his own appearance at the World Economic Forum to joke that Newsom reminded him of a cross between American Psycho Patrick Bateman and "Sparkle Beach Ken."
Treasury Secretary Scott Bessent announces new enforcement measures to combat alleged Minnesota fraud scandal estimated at $9 billion in federal funds.
Panelists Brian Brenberg and Dan Greenhaus analyze Treasury Secretary Scott Bessent’s attacks on California Gov. Gavin Newsom at Davos on ‘America Reports.’
At Davos this morning, Bessent was asked how concerned he was by the notion that European investors may start selling U.S. Treasuries in response to the White House’s rhetoric over Greenland. The Treasury secretary responded: “Denmark’s investment in U.S. Treasury bonds, like Denmark itself, is irrelevant.”