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Scott Bessent

ExecutiveRight

Scott Bessent is the Treasury Secretary.

Notable Quotes

"Despite the misplaced gloating from Democrats,...the court did not rule against President Trump’s tariffs."
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"We will get back to the same tariff level for the countries. It will just be in a less direct and slightly more convoluted manner."
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"President Trump created maximum negotiating leverage for himself by issuing such a massive tariff threat."
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"The Treasury can easily cover any tariff refunds, though he is confident that the Supreme Court will uphold the IEEPA tariffs."
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"The Treasury can easily cover any tariff refunds, though he is confident that the Supreme Court will uphold the IEEPA tariffs."
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"nothing has changed for national security and revenue after the Supreme Court ruled against the Trump administration’s global tariffs."
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"the Supreme Court has taken away the president's leverage."
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"nothing has changed for national security and revenue after the Supreme Court ruled against the Trump administration’s global tariffs."
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"The Supreme Court has taken away the President's leverage, but in a way, they have made the leverage that he has more draconian because they agreed he does have the right to a full embargo."
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"My sense is that could be dragged out for weeks, months, years."
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"My sense is that could be dragged out over weeks, months, years."
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"They are normalising this violence. It's got to stop."
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"In exchange for the 60-day waiver, Tehran had committed to keeping the vital Strait of Hormuz open and allowing IAEA nuclear inspectors back into the country."
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"We will follow what they decide, but it can take weeks or months until we hear from them."
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"believed markets were misreading signals from Japan’s bond market and feared that higher global yields could undermine broader financial stability."
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"It is not up to the administration — it is up to the lower court."
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"Tariff revenues will be unchanged this year and will be unchanged in the future."
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""political vacuum""
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"The United States will not allow rogue groups to profit from the illicit mineral trade and destabilise the region."
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"MBaer has funnelled over a hundred million dollars through the US financial system on behalf of illicit actors tied to Iran and Russia."
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"MBaer has funneled over a hundred million dollars through the U.S. financial system on behalf of illicit actors tied to Iran and Russia."
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"MBaer has funneled over a hundred million dollars through the U.S. financial system on behalf of illicit actors tied to Iran and Russia."
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"I agree that the Supreme Court reaffirmed your ability to implement an embargo."
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"I agree that the Supreme Court reaffirmed your ability to implement an embargo."
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""It's my strong belief that the tariff rates will be back to their old rate within five months.""
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"We may unsanction other Russian oil."
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"We have given them permission to accept the Russian oil."
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"There are hundreds of millions of barrels of oil in the water that are sanctioned, and, in essence, by lifting the sanctions, the Treasury Department can create supply."
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"This stop-gap measure will alleviate pressure caused by Iran’s attempt to take global energy hostage."
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"We may unsanction other Russian oil."
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"We’re going to keep a cadence of announcing measures to bring relief to the market during this conflict."
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"We may unsanction other Russian oil."
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"deliberately short-term measure will not provide significant financial benefit to the Russian government as it only authorizes transactions involving oil already stranded at sea."
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