Washington Examiner

Scott Bessent cools on interest rate cut during Iran war: ‘Wait and see’

Apr 14, 2026Center Right

Treasury Secretary Scott Bessent said the Federal Reserve is “doing the right thing by sitting and watching” to see how the war in Iran affects the U.S. economy before cutting interest rates. Bessent’s comments mark a pivot in the way the Trump administration is approaching interest rates, after historically putting pressure on the Federal Reserve…

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Scott Bessent predicts Americans will still be paying Biden-era gas prices in summer thanks to Iran war

BizPac Review

Apr 15, 2026

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Scott Bessent predicts Americans will still be paying Biden-era gas prices in summer thanks to Iran war

Secretary of the Treasury Scott Bessent told reporters Wednesday that gas prices may not drop below $3.00 a gallon until late September. Oil and gas prices have…

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Bessent and UK’s Reeves at Odds Over Iran War Ahead of Meeting

Bloomberg

Apr 14, 2026

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Bessent and UK’s Reeves at Odds Over Iran War Ahead of Meeting

US Treasury Secretary Scott Bessent told British media that the Iran war is worth a “small bit of economic pain,” ahead of what is likely to be a tense meeting with his UK counterpart Rachel Reeves.

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Bessent OK with Fed holding off on interest rate cuts at next meeting

The Hill

Apr 14, 2026

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Bessent OK with Fed holding off on interest rate cuts at next meeting

Treasury Secretary Scott Bessent on Tuesday shared no objections to the Federal Reserve holding off on cutting interest rates at its meeting later this month amid economic turbulence and the Iran war. “I think now that we have to wait and see; we have to wait and see what happens to the economy,” Bessent said…

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