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The Latest Breaking News from Scott Bessent

Trump’s tariffs expected to bring in $1 trillion less than expected – and that could drastically change his $2,000 check plan

Congressional Budget Office downgrades forecast on president’s levies on imported goods, casting fresh doubt on his pledge to send U.S. citizens a rebate

The Independent UK

Trump tells Scott Bessent to fix the Fed’s high interest rates or ‘I’m going to fire your ass’

The president also disclosed for the first time that Bessent has been advocating for Powell to remain as chair until his term expires in May.

Fortune

Scott Bessent Outlines Midterm 'Acid Test' In Private GOP Meeting Amid Pushback On Trump's Tariff Dividend Plan: Report

In a recent private meeting with House Republicans, Treasury Secretary Scott Bessent reportedly discussed the potential impact of the GOP’s tax and trade policies on the 2026 midterm elections.

Benzinga

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read the most diverse news in one place.

Trump’s ‘affordability’ efforts are a mess of absurdity and magical thinking

After Republicans were trounced in this month’s votes, the administration has launched a slapdash, ill-conceived campaign

The Guardian - US

Scott Bessent Compares '$20 Trillion' In Investments Under Trump With Biden's $1 Trillion In 4 Years, Says President Laying Foundation Of 'Golden Age'

Treasury Secretary Scott Bessent highlighted the unprecedented wave of capital flowing into the United States, resulting from new corporate plans and trade agreements under President Donald Trump, which he said is beyond what was seen under prior administrations.

Benzinga

Trump Promises New Stimulus Checks — Could SPY, AAPL, NVDA And TSLA Be Big Winners Again?

Millions of Americans could be getting stimulus checks of $2,000 or more, according to President Donald Trump. While the new stimulus checks are not official, they could serve as relief for higher prices and macroeconomic uncertainty and also serve as future stock investments by some consumers.

Benzinga

Trump on Fed Chair Powell: "I'd love to fire his ass"

President says the only thing his Treasury Secretary is "blowing it on is the Fed."

Axios

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Here’s How Trump’s $2K Dividend Could Impact Retirees on Social Security

Trump has hinted at a $2,000 stimulus funded by tariff revenue. What do retirees and Social Security recipients need to know about these possible payments?

GOBankingRates

Treasury wants Americans to save, not spend, Trump's $2,000 checks

The administration hopes Americans will dump the money in "Trump accounts" instead.

Axios

Trump floated $2,000 tariffs rebate checks for Americans. The odds of that happening by 2026 are now just 2 percent

A new study also found that Trump’s proposed tariff dividends would cost $450 billion

The Independent UK

Are New Trump $2,000 Stimulus Payments Coming in 2026? What to Know Now

A promise of $2,000 tariff dividend checks is raising questions and fueling confusion.

Kiplinger

Odds of President Trump paying out $2,000 tariff rebate checks now sit at 2%

In the days since President Trump made the pledge, members of his cabinet have poured cold water on the plans.

Fortune

Trump Promises $2,000 Tariff Dividend Checks By Mid-2026 Or 'Little Bit Later' For Moderate And Middle Income Americans

President Donald Trump has announced that his administration will begin issuing $2,000 “tariff dividend” checks to Americans by mid-2026 or later.

Benzinga

£760 Billion Tariff Refund Crisis: What Happens if the Supreme Court Strikes Down IEEPA Tariffs?

If the Supreme Court overturns IEEPA tariffs, the US could face up to £760 billion in refund claims, raising questions about presidential authority and trade stability.

International Business Times UK

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The Independent UK

Trump allies urge Congress to back his $2,000 tariff checks as president claims they’ll be sent in ‘mid 2026’

After months of promises — and sweeping election victories for Democrats — we still have few details on how Trump plans to share his tariff revenue with everyday Americans

Fortune

Trump promises to send $2,000 tariff dividend checks ‘probably the middle of next year, a little bit later than that’

Treasury Secretary Scott Bessent has seemed unsure about the idea: "we will see.”

International Business Times UK

US Faces £760 Billion Tariff Refund Crisis If Supreme Court Rules Against President Trump, Report Says

A CNBC report warns the US could face a £760bn ($1tn) tariff refund crisis as the Supreme Court reviews President Trump's use of emergency trade powers.

Benzinga

Scott Bessent Expects US-China Rare Earths Deal By Thanksgiving Based On Xi Jinping's 'Word' But Issues Caution: 'All Options...'

Treasury Secretary Scott Bessent expressed optimism about the ongoing rare earths deal between the U.S. and China, hinting at a potential resolution by Thanksgiving.

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news in one place.

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Benzinga

Scott Bessent Says Trump's $2,000 Tariff Checks Are Meant For 'Working Families'

Treasury Secretary Scott Bessent said on Sunday that "working families" would receive the $2,000 tariff checks President Donald Trump has proposed, offering the clearest hint yet at who might benefit from the White House plan.

Axios

Trump officials: Lower prices and greater affordability are coming

The Treasury secretary is promising lower prices and faster income growth in the coming months.

Axios

Trump's $2,000 tariff checks requires legislation, Bessent says

Trump's oft-repeated plan comes as the administration battles an affordability crisis.

Latin Times

White House Considers Softening Tariffs on Brazilian Coffee, Central American Bananas

Economists, however, are not confident on how much relief tariff cuts would actually provide—especially for coffee prices that have risen nearly 20% over the past year

The Guardian - US

Inside Trump’s scramble to reduce US dependence on Chinese rare-earth metals

The White House has made it a top priority to return the rare-earth industry to US shores. But is it really feasible?

Axios

Trump's all-in-one tariffs try to fund everything, fix everything

Trump is relying on tariff revenue to fund big promises and broad agendas.

Reason

The Trump Administration Finally Admits That Tariffs Raise Prices

If lowering tariffs makes things cheaper, why stop at coffee?

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