『Scott Bessent - News and Info Tracker』のカバーアート

Scott Bessent - News and Info Tracker

Scott Bessent - News and Info Tracker

著者: Quiet. Please
無料で聴く

このコンテンツについて

This is your Scott Bessent - News and Information podcast.

Discover the latest updates and insights on Scott Bessent with the "Scott Bessent News and Info Tracker" podcast. Stay informed with regular episodes that cover breaking news, in-depth analysis, and expert commentary on Scott Bessent’s ventures and influence in the financial world. Perfect for investors, industry enthusiasts, and anyone fascinated by the strategies and successes of this leading figure. Tune in to keep your knowledge current and gain a deeper understanding of the financial landscape with Scott Bessent as your focal point.

For more info go to

https://www.quietplease.ai

Check out these deals https://amzn.to/48MZPjsCopyright 2024 Quiet. Please
政治・政府 政治学 社会科学
エピソード
  • Headline: Treasury Secretary Bessent Challenges Fed, Promotes Digital Assets and Regulatory Reform
    2025/07/22
    Scott Bessent, the Secretary of the Treasury, has been at the center of several major news stories over the past few days. In a high-profile interview with CNBC, Bessent dramatically increased pressure on the Federal Reserve, calling for a sweeping investigation into the central bank’s effectiveness and operations. His demands, as reported by both CNBC and Fortune, have intensified the ongoing debate between the Trump administration and Fed Chair Jerome Powell. Bessent likened the proposed probe to safety reviews in other federal agencies and suggested that if the Federal Reserve were an airline regulator with as many perceived mistakes, a root-cause investigation would be inevitable. He openly questioned whether the Fed’s economists have delivered on their mission, pointing to what he describes as an intellectual inflexibility at the central bank.

    Bessent’s criticism of the Federal Reserve also comes as he challenges the institution’s stance on inflation tied to tariffs. He claimed that the Fed has engaged in fear-mongering over President Trump’s tariff policies, yet the inflation data for June showed annual inflation at 2.7 percent, a figure he regards as proof that the dire warnings from central bank officials have not materialized as predicted. This comes amid speculation over whether President Trump will move to replace Jerome Powell, with Bessent refusing to say whether he has urged against the removal but confirming that a search for a successor is ongoing.

    In parallel with his focus on monetary policy, Bessent has championed digital asset innovation. Following the signing of the GENIUS Act by President Trump, Bessent issued a statement highlighting how stablecoins will create a fast and frictionless digital payment rail for the dollar. He argued that this move not only supports the dollar’s role as the primary global reserve currency but also opens up digital banking access to billions globally and increases demand for US Treasuries.

    Bessent also addressed regulatory issues concerning banks and financial innovation in a speech at the Federal Reserve Capital Conference. He outlined a vision for financial regulation that centers on growth and protection for community banks, rather than Wall Street. He emphasized protecting Americans from potential debanking for political or religious views and called for regulation that fosters innovation and aligns with national security interests. Notably, he stated that Treasury will break through policy inertia and settle interagency disputes to ensure efficiency and reform in the financial sector.

    On the regulatory front, the Treasury, under Bessent’s direction, announced the postponement of new anti-money laundering rules for investment advisors. The delayed implementation aims to reduce compliance burdens and allow for greater regulatory certainty as more tailored rules are developed.

    Thanks for tuning in and remember to subscribe. This has been a quiet please production, for more check out quiet please dot ai.

    For more http://www.quietplease.ai

    Get the best deals https://amzn.to/3ODvOta
    続きを読む 一部表示
    3 分
  • Treasury Secretary Bessent Calls for Federal Reserve Review, Touts GENIUS Act and Dollar Dominance
    2025/07/22
    Listeners in the past several days Scott Bessent as Secretary of the Treasury has emerged into the national spotlight with a strong and direct critique of the Federal Reserve. On Monday Treasury Secretary Bessent called for a sweeping investigation into the operations and effectiveness of the Federal Reserve. Speaking during a CNBC interview Bessent openly questioned whether the central bank has actually met its mandate. He argued that examining its performance is as necessary as the safety reviews in critical agencies like the Federal Aviation Administration. According to Bessent persistent inflation concerns cited by the Fed have not truly materialized and he believes the economic risks around current tariffs have been exaggerated. He pointed to recent data showing annual inflation at two point seven percent in June and noted that inflation rates have not spiked as previously feared by economists or the central bank.

    This campaign for a formal review comes amid continued discord between the Trump administration and Fed Chair Jerome Powell. President Trump has repeatedly called for rate cuts which Powell has resisted warning about overheating and inflation. While speculation has been swirling regarding Powell’s future Bessent was notably the first administration official to confirm that a process for Powell’s possible replacement was underway though he declined to say if he personally urged the president not to remove Powell.

    Turning to legislative action Bessent has also made headlines following the signing of the GENIUS Act by President Trump. In a statement he said stablecoins now represent a revolution in digital finance providing an internet native payment rail for the dollar. He argued that this could solidify the dollar’s role as the global reserve currency expand access for billions and create a surge in demand for US Treasuries which underpin these digital assets. Bessent described the GENIUS Act as a watershed moment for both digital assets and dollar dominance worldwide.

    Amid other regulatory moves the Treasury recently decided to postpone the implementation of new anti money laundering rules for investment advisers. The Financial Crimes Enforcement Network known as FinCEN will delay the rule’s effective date from January twenty twenty six to January twenty twenty eight in order to tailor the requirements to the sector’s varied risk profiles. Bessent’s Treasury stated that this delay is intended to reduce regulatory uncertainty while a broader review takes place in partnership with the Securities and Exchange Commission.

    In addition Bessent addressed ongoing US trade negotiations and expressed optimism regarding economic growth noting that recent legislative clarity is likely to fuel a wave of business investment and renewed productivity.

    Thank you for tuning in and do not forget to subscribe. This has been a quiet please production for more check out quiet please dot ai

    For more http://www.quietplease.ai

    Get the best deals https://amzn.to/3ODvOta
    続きを読む 一部表示
    3 分
  • Treasury Secretary Bessent's Pivotal Role in Averting Fed Chair Ouster, Unveiling Landmark Stablecoin Bill
    2025/07/20
    Listeners, here is the very latest on Scott Bessent, the current United States Secretary of the Treasury, whose actions in the last few days have sent waves through financial and political circles. According to reporting from the Wall Street Journal and several financial publications, Scott Bessent played a pivotal role in heading off a dramatic move by President Trump to fire Federal Reserve Chair Jerome Powell. White House officials have confirmed that Bessent strongly advised the president against removing Powell, stressing that the move could have destabilized markets, triggered legal problems, and created a damaging political fight at the height of an election cycle. Bessent’s argument convinced the president while reminding him that Powell's term ends in less than a year. He leaned on the fact that the Federal Reserve had already signaled interest rate cuts and that launching a high-profile battle over central bank leadership would undermine investor confidence.

    Multiple senior officials confirm that Trump had been voicing frustration over Powell’s perceived reluctance to lower interest rates, which Trump believes are essential to managing federal debt and economic momentum. However, Bessent cautioned that firing Powell so close to the end of his term could lead to chaos, including a drawn-out lawsuit and a potentially leaderless Fed, especially since Congress is out of session for much of August. Influential senators have also publicly warned that any move against Powell would likely not gain support in the Senate and could set a dangerous precedent for central bank independence.

    Alongside this political drama, Bessent unveiled the much-anticipated GENIUS Act, a landmark stablecoin and digital dollar bill signed into law by President Trump. This new law sets out the first federal regulatory framework for stablecoins, allowing the United States dollar to be issued and used on blockchain technology. Bessent stated that integrating the dollar into digital currencies marks a revolution in both digital finance and payments infrastructure. He emphasized that the GENIUS Act brings crucial regulatory clarity that could help stablecoins grow into a multitrillion-dollar industry. The act also aims to cement the dollar’s place as the global reserve currency in the coming age of digital finance, with Bessent highlighting its potential to expand economic access worldwide and drive demand for U.S. Treasuries.

    Despite concerns raised by some experts over the risks tied to stablecoins, including the need for adequate reserves and the threat of financial instability, Bessent is committed to ensuring robust safeguards. He argues that blockchain payments, free from traditional intermediaries, will strengthen financial market stability and broaden global participation in the dollar economy.

    Financial analysts have responded quickly to these shifts. Cryptocurrency markets, including both bitcoin and Ethereum, saw surges in trading volume and price in the hours following the bill's passage, as investors anticipated new institutional interest and regulatory certainty in the digital asset space. Bessent's visibility and influence as Treasury Secretary have never been higher, with betting markets now listing him as one of the top prospects for any future changes in Federal Reserve leadership, though President Trump maintains he is happy keeping Bessent at Treasury for now.

    Thank you for tuning in and be sure to subscribe. This has been a quiet please production, for more check out quiet please dot ai.

    For more http://www.quietplease.ai

    Get the best deals https://amzn.to/3ODvOta
    続きを読む 一部表示
    4 分

Scott Bessent - News and Info Trackerに寄せられたリスナーの声

カスタマーレビュー:以下のタブを選択することで、他のサイトのレビューをご覧になれます。