US News
LAST UPDATE: September 2, 2025
Fed should be independent but has made mistakes, Treasury Secretary Bessent says
Treasury Secretary Bessent said the Fed should remain independent but acknowledged past policy missteps.
Insight
Indicative of a delicate balance between political oversight and central bank autonomy.
Bessent expects Supreme Court to uphold legality of Trump’s tariffs but eyes Plan B
Bessent said he expects the Supreme Court to uphold Trump’s tariffs but is developing contingency plans.
Insight
Reflects preparation and policy flexibility amid legal uncertainty.
Trump Weighs Declaring National Housing Emergency, Bessent Says
According to Bessent, Trump is considering declaring a national housing emergency to tackle affordability issues.
Insight
Signals potential escalation of executive action in response to economic and political pressures.
Bessent says not concerned about position of the US dollar vs. euro
Bessent stated that he is not worried about the dollar’s strength relative to the euro.
Insight
Suggests confidence in U.S. macroeconomic fundamentals despite external volatility.
