Whether he calls it a “blip,” “transitory” or “transient,” Treasury Secretary Scott Bessent has taken to describing inflation in a way that came back to haunt his predecessor and the previous administration.
Treasury Secretary Bessent downplayed his reported feud with Bill Pulte, saying he called to congratulate him on his new role leading intelligence.
Bill Pulte, President Trump's pick for acting director of national intelligence, is being met with some skepticism on Capitol Hill.
Treasury Secretary Scott Bessent on Wednesday said he once told Federal Housing Finance Agency (FHFA) Director Bill Pulte, who President Trump recently tapped to serve as acting head of the Office of the Director of National Intelligence (ODNI), that he “was going to kick his a–.” Bessent made the remark while testifying before the Senate…
Treasury Secretary Scott Bessent confronted Sen. Ron Wyden (D-OR) in a tense scene Wednesday on Capitol Hill over documents that appeared to show the senator’s son met with disgraced financier Jeffrey Epstein in 2016. Bessent, testifying before the Senate Finance Committee, clashed with Wyden, who is the committee’s ranking member, early on in the hearing. […]
Treasury Secretary Scott Bessent confirmed reporting of a highly publicized clash between himself and Federal Housing Finance Agency Director Bill Pulte last year, although he said that such confrontations happen when working on a team. During a Wednesday hearing before the Senate Finance Committee to testify on President Donald Trump’s proposed budget, Bessent faced questions […]
President Trump's decision to nominate Bill Pulte as director of national intelligence caught many of his closest advisors off guard and dealt a significant blow to Treasury Secretary Scott Bessent, with whom the Federal Housing Finance Agency head has engaged in an ongoing power struggle.According to reporting from the Wall Street Journal, Pulte, who leads the agency overseeing the country's mortgage market, personally approached Trump with an audacious proposal: ascending to the position of director of national intelligence following Tulsi Gabbard's departure.The nomination appears rooted not in foreign policy expertise—Pulte has none—but in what Trump prizes most: unwavering loyalty, the Journal is reporting before adding that, in pitching himself to the president, Pulte promised to become an "unyielding advocate" for Trump's foreign policy agenda and signaled support for the administration's Iran war, according to sources familiar with the conversations.The move represents a major victory for Pulte in his internal administration battles. The Federal Housing Finance Agency director has become a deeply polarizing figure, clashing repeatedly with Trump advisers who have grown frustrated with his aggressive approach and willingness to bypass the chain of command to access the president directly.Trump has reportedly resisted efforts by administration officials to remove Pulte, telling confidants he values the FHFA chief's loyalty above all else.Trump "first raised the idea of appointing Pulte as intelligence director to aides over the weekend, according to a person familiar with the matter," the Journal is reporting before adding that the fact that president actually pulled the trigger on Pulte's nomination, "caught them by surprise."As for Bessent, one of the president's closest allies in the Cabinet, he was reportedly kept out of the loop, the Journal is reporting.Tensions between the Treasury secretary and Pulte reached a boiling point last year when Bessent threatened to punch Trump's housing chief "in the f------ face" after learning that Pulte had been disparaging him to the president, according to the Wall Street Journal.Treasury Department officials, including Bessent, learned of Trump's decision through social media like everyone else. An adviser broke the news to Bessent while he was preparing for a congressional hearing—a humiliating notification for one of the administration's senior economic officials, the report notes.
Treasury Secretary Scott Bessent will testify Wednesday morning before the Senate Finance Committee on President Trump’s fiscal 2027 budget request for the department. The White House is seeking $11.5 billion in budget authority for the Treasury Department’s domestic programs in 2027, a 12 percent decrease from 2026. The hearing comes as affordability concerns and the…
President Donald Trump announced a sweeping new crackdown on the financial infrastructure supporting illegal immigration, revealing that his administration will move to shut down bank accounts used to facilitate illegal immigration, human smuggling, cartel activity, and even accounts used to store welfare benefits received by illegal aliens. The post President Trump Orders Treasury Secretary Scott Bessent to FREEZE and SEIZE Illegal Alien Bank Accounts in Historic Assault on the Cartel-Backed Border Invasion appeared first on The Gateway Pundit.