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Top 7 scott bessent News Today

#1
Treasury Secretary Scott Bessent Drawn Into ‘Rush Hour 4’ Debate At DealBook Conference
#1 out of 7
entertainment1d ago

Treasury Secretary Scott Bessent Drawn Into ‘Rush Hour 4’ Debate At DealBook Conference

https://deadline.com/2025/12/rush-hour-4-treasury-secretary-scott-bessent-dealbook-1236634416/https://www.hollywoodreporter.com/movies/movie-news/trump-treasury-secretary-rush-hour-4-paramount-1236441168/
Deadline.com and 1 more
  • Bessent deflects questions about Trump’s push for Rush Hour 4, arguing a transaction of that size is irrelevant to how government operates and that there is no new normal in corporate-government interactions.
  • DealBook context: Sorkin questions whether entertainment decisions are being made to placate the president, highlighting a broader trend of business aiming to curry favor with the administration.
  • Bessent emphasizes there is no new normal in the administration’s relationship with corporate America, dismissing talk of unprecedented interference in deals.
  • The reference to past Obama-era interactions underpins a view that political-business dealings have long circulated around presidential administrations.
  • Sorkin notes Paramount’s Rush Hour 4 involvement amid Ellison’s efforts to acquire Warner Bros. Discovery, illustrating the merger-sensitive entertainment landscape.
  • The THR piece situates entertainment decisions within political and regulatory contexts, asking whether presidential weighing-in should become a norm.
  • DealBook coverage is framed within the broader media landscape, noting shifts in executive moves and merger dynamics affecting Paramount, Netflix, and Comcast bids.
  • David Ellison’s brief participation at the THR summit shifts to a future return as talks with Warner Bros. Discovery continue, signaling ongoing deal negotiations.
  • The piece notes the president’s apparent influence over entertainment decisions as part of a broader trend of companies engaging with the administration to gain favorable outcomes.
  • The THR piece reiterates the DealBook Summit setting, grounding Bessent’s comments in a high-profile NYC event on December 3, 2025.
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#2
Scott Bessent rips NY Times over coverage of Biden’s decline: ‘One of the greatest scandals of all time’
#2 out of 7
politics22h ago

Scott Bessent rips NY Times over coverage of Biden’s decline: ‘One of the greatest scandals of all time’

https://nypost.com/2025/12/03/media/scott-bessent-blasts-ny-times-over-coverage-of-bidens-decline/https://www.foxnews.com/media/scott-bessent-calls-out-ny-times-trump-reporting-during-papers-summit-says-its-not-paper-record
Nypost.com and 1 more
  • Scott Bessent publicly challenged The New York Times at the DealBook Summit, accusing the paper of publishing inaccurate Trump coverage and undermining its credibility.
  • Bessent argued the Times is no longer the 'paper of record,' suggesting its influence has diminished over time.
  • The reference article notes Bessent criticized the Times for focusing on Trump's aging while omitting rapid cabinet activity under Biden.
  • Bessent contrasted Trump's documented energy decline with Biden's pace of work, accusing the Times of bias in coverage.
  • The debate touched on a broader scandal framing, with Bessent labeling Times coverage as contributing to a major controversy surrounding Biden.
  • Sorkin responded by suggesting questions about Biden could reasonably lead to questions about Trump as well.
  • Times reporting on Trump's health was defended by a Times spokesperson as accurate and based on first-hand reporting.
  • The DealBook Summit context placed Trump's health questions alongside ongoing media scrutiny of Biden's administration.
  • The article highlights the Times' subscriber base and ongoing shift toward digital emphasis as a metric of influence.
  • The exchange occurred at a New York City event, centered on coverage of Trump and Biden during a high-profile media conference.
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#3
Scott Bessent calls the Giving Pledge well-intentioned but ‘very amorphous,’ growing from ‘a panic among the billionaire class’ | Fortune
#3 out of 7
business21h ago

Scott Bessent calls the Giving Pledge well-intentioned but ‘very amorphous,’ growing from ‘a panic among the billionaire class’ | Fortune

https://fortune.com/2025/12/03/scott-bessent-giving-pledge-trump-accounts-billionaires-pitchforks/
Fortune.com
  • Bessent calls the Giving Pledge amorphous and argues for a more concrete philanthropic vehicle.
  • Trump Accounts would give every child born in the U.S. a $1,000 account investable in the S&P until age 18.
  • Dell family donation of $6.25 billion is highlighted as a catalyst for Trump Accounts.
  • Bessent links philanthropy to broader political economy, suggesting more billionaires will contribute through state-backed accounts.
  • The DealBook Summit provided a forum for comparing the pledge to Trump Accounts amid a broader view of philanthropy’s role.
  • Bessent frames Trump Accounts as a vehicle for direct contributions to American children via Treasury.
  • There is discussion of a shareholder economy tied to philanthropy and corporate giving.
  • The article notes the DealBook Summit setting and the broader context of billionaire philanthropy debates.
  • The piece cites a comparison of Thiel’s 2020 letter about a 'broken generational compact' to current debates.
  • The report frames the conversation as a potential evolution in how philanthropy interacts with public policy and finance.
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#4
'Absolute moron': Analysts flag dangers of Treasury secretary's latest 'performance act'
#4 out of 7
politics17h ago

'Absolute moron': Analysts flag dangers of Treasury secretary's latest 'performance act'

https://www.rawstory.com/scott-bessent-2674367997/
Rawstory.com
  • Analysts flag red flags after Scott Bessent's interview at the DealBook Summit.
  • Analysts cite the cabinet meeting moment where Trump appeared to fall asleep as a point of concern.
  • One analyst called the interview a 'performance act' amid questions about media critiques.
  • Bessent suggested he does not read the news, prompting scrutiny of his credibility.
  • "Everything is fine having this absolute moron as secretary of the Treasury" was cited as a concerning remark.
  • Analysts warn that trust in leadership and economic messaging is crucial during crises.
  • The conversation was linked to Bessent's media attacks and how they affect public trust.
  • The DealBook Summit discussion included questions about Bessent's news-reading habits and credibility.
  • Analysts emphasized the potential impact on market trust amid ongoing economic uncertainty.
  • The piece frames the remarks as indicative of broader questions about leadership during economic stress.
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#5
Bessent to Push New Residency Rule for Regional Fed Heads
#5 out of 717.4K est. views
business10h ago

Bessent to Push New Residency Rule for Regional Fed Heads

https://www.bloomberg.com/news/articles/2025-12-03/bessent-to-push-new-residency-rule-for-regional-fed-presidentshttps://apnews.com/article/federal-reserve-trump-bessent-6ddd9c8b204668551caecf6c5fe51388
Bloomberg.com and 1 more
  • A new residency rule would require regional Fed presidents to have lived in their district for at least three years before taking office, aiming to strengthen local representation and influence over policy.
  • The push for residency aligns with concerns that current regional presidents are not fully representative of their districts, a point reinforced by ties to New York among several leaders.
  • The residency proposal surfaces amid broader political dynamics as President Trump seeks greater influence over Fed policy and rate decisions.
  • Three regional presidents cited by Bessent—Lorie Logan, Alberto Musalem, and Beth Hammack—have been recent appointees with different voting patterns on policy.
  • Bessent suggested the residency rule could be implemented without retroactive changes, leaving open whether Congress would weigh in on the reform.
  • The Federal Reserve's structure involves a seven-member board of governors in Washington and 12 regional banks whose presidents rotate voting on policy.
  • Powell’s future replacement is under consideration, with Bloomberg reporting Trump weighing candidates and widely considering Kevin Hassett as the leading option.
  • The article underscores ongoing tensions between Fed independence and Presidential influence in shaping monetary policy.
  • Musalem remains the only among Logan, Musalem, and Hammack who currently votes on policy decisions, highlighting a governance contrast within the trio.
  • Bessent delivered remarks at the DealBook Summit, signaling a public push for governance reforms and a broader discussion on regional presidency representation.
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#6
Bessent says Trump admin will be able to replicate tariffs even if it loses Supreme Court decision
#6 out of 76.2K est. views
politics8h ago

Bessent says Trump admin will be able to replicate tariffs even if it loses Supreme Court decision

https://www.cnbc.com/2025/12/03/bessent-says-us-will-be-able-to-replicate-tariffs-even-if-it-loses-supreme-court-decision.htmlhttps://www.foxbusiness.com/politics/treasury-secretary-bessent-warns-tariff-ruling-would-loss-american-people
Cnbc.com and 1 more
  • Treasury Secretary Scott Bessent warned that a Supreme Court ruling striking down IEEPA tariffs would hurt Americans.
  • Bessent spoke at the New York Times DealBook Summit about tariffs and U.S. manufacturing goals.
  • Bessent noted the tariffs could enable refunds if challenged and discussed Costco's potential claim.
  • The discussion linked tariff revenue to possible income tax reductions and broader fiscal effects.
  • The summit comments framed tariffs as tools for reshoring manufacturing and countering fentanyl trafficking.
  • Bessent characterized tariffs as a 'shrinking ice cube' in the broader trade strategy.
  • The piece covers potential IEEPA-related legal questions and the Supreme Court's hearings.
  • The article notes potential broader impacts on consumers and the American economy.
  • The report links the decision to political and economic debates over tariffs and taxes.
  • Costco's tariff refund dispute is cited as part of the potential legal fallout.
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#7
Bessent Under Discussion to Also Lead National Economic Council
#7 out of 7
politics6h ago

Bessent Under Discussion to Also Lead National Economic Council

https://www.bloomberg.com/news/articles/2025-12-03/bessent-under-discussion-to-also-lead-national-economic-council
Bloomberg.com
  • Susan Bessent is under discussion to lead the National Economic Council, signaling a broadened role.
  • The talks come as officials consider leadership changes and the NAC’s direction amid economic pressures.
  • No formal offer or timing has been confirmed by Bloomberg’s sources.
  • The development underscores the administration’s focus on coordinating policy across agencies.
  • The NAC’s role remains central to shaping economic policy at the federal level.
  • Bloomberg notes that any decision would reflect ongoing staffing deliberations within the White House.
  • The article does not confirm a formal appointment or deputy-level changes at this time.
  • Observers will watch for any official statement from White House or NAC spokespersons.
  • The report emphasizes Bessent’s potential leadership as a signal of policy continuity.
  • Any decision would impact the NAC’s coordination of cross-agency economic initiatives.
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