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Bessent Dismisses Moody’s Downgrade

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Treasury Secretary Bessent dismisses Moody's US credit downgrade as 'lagging indicator'
Treasury Secretary Scott Bessent downplayed the U.S. credit downgrade as a "lagging indicator" of economic and fiscal conditions, after Moody's took the U.S. off its top tier.

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Gold gains on U.S. dollar weakness after Moody's downgrade, Bessent warns on tariffs
Bessent calls Moody's a "lagging indicator" after U.S. credit downgrade

Trump, Scott Bessent and Treasury Secretary

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Treasury Secretary Scott Bessent says Trump's 'strategic uncertainty' is a negotiating tactic
"So, if we were to give too much certainty to the other countries, then they would play us in the negotiations," Bessent said of ongoing trade talks.

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Bessent show: Treasury secretary taking over as top dog on Trump’s trade team
Trump to carry out tariff threats if nations don't negotiate in 'good faith,' Bessent says

Scott Bessent, Walmart and tariffs

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Bessent weighs in tariff price hikes at Walmart
Treasury Secretary Scott Bessent acknowledged Sunday that Walmart, the largest U.S. retailer, may pass along some of the costs from President Donald Trump’s tariffs to its shoppers through

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Scott Bessent says Walmart will absorb some tariff costs – but shoppers may still pay more
Bessent on added costs from tariffs: ‘Some may get passed on to consumers’
Bessent: If countries ‘do not negotiate in good faith,’ their tariffs will go back up
Treasury Secretary Scott Bessent joins CNN’s Jake Tapper to discuss Trump’s trade policies and concerns that his tariffs will ...
US Treasury's Bessent to attend G7 finance meeting, focus on imbalances
U.S. Treasury Secretary Scott Bessent will attend the Group of Seven finance leaders' meeting in Canada next week and will ...
2SPY, QQQ : Peter Schiff Slams Scott Bessent For Ignoring Trump's Tax Cuts...
Peter Schiff criticized Scott Bessent for downplaying Trump's tax cuts in the recent Moody's downgrade, instead blaming Biden ...
Tariffs live updates: Bessent says tariffs may return to 'reciprocal' levels if deals aren't made
Treasury Secretary Scott Bessent warned on Sunday that tariff rates will go back to "reciprocal" levels if countries do not make trade deals with the US during the 90-day pause. “President Trump has ...
Bessent: Countries bringing ‘good proposals’ with ‘a few exceptions’
Treasury Secretary Scott Bessent stated that the Trump administration’s tariff overhaul has positioned the U.S. for better ...