Scott Bessent, Treasury secretary and Trump
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Treasury Secretary Scott Bessent spoke with CNN's Jake Tapper on "State of the Union" after Moody downgraded the United States credit score.
Treasury Secretary Scott Bessent defended the Trump administration’s decision to accept a $400 million luxury jet from Qatar, comparing it to the French gift of the Statue of Liberty, while
Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before, when Trump told the company on Truth Social that they should "' EAT THE TARIFFS ," and not charge valued customers "ANYTHING."
Read Treasury Secretary Scott Bessent's opening statement from testimony during a Financial Services Hearing on Wednesday: TREASURY SECRETARY SCOTT BESSENT: I’m grateful to join you today. At the IMF and World Bank spring meetings last month,
Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” announcement.
Rep. Nydia Velazquez grandstands while questioning Treasury Secretary Scott Bessent about ongoing trade negotiations during a Financial Services Hearing on Wednesday: REP NYDIA VELAZQUEZ: Secretary Bessent,