Sign in to confirm you’re not a bot
This helps protect our community. Learn more

Treasury Secretary Bessent on Tax Bill, Next Fed Chair, Government Debt

Bloomberg Television
2.76M subscribers
74K views 2 weeks ago
US Treasury Secretary Scott Bessent says he's confident President Donald Trump's tax bill will be ready to sign by July 4. He also talks about the process of replacing Federal Reserve Chair Jerome Powell, bringing down government debt and reaching more trade deals. He speaks with Sonali Basak on "Bloomberg Open Interest." 00:00 Scott Bessent 00:30 Bessent on Big, Beautiful Bill 01:30 Bessent: we're going to bring debt levels down 02:30 Bessent says spending bill will stimulate the economy 03:10 Bessent takes exception to idea that bill cuts medicaid 05:10 Bessent on bond markets 06:38 Bessent on Fed policy, Chair Jerome Powell 09:30 Bessent on trade war, tariffs 12:00 Bessent on housing market, Fannie & Freddie -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com fo …...more
...more
Treasury Secretary Bessent on Tax Bill, Next Fed Chair, Government Debt
925Likes
74,838Views
Jun 302025
US Treasury Secretary Scott Bessent says he's confident President Donald Trump's tax bill will be ready to sign by July 4. He also talks about the process of replacing Federal Reserve Chair Jerome Powell, bringing down government debt and reaching more trade deals. He speaks with Sonali Basak on "Bloomberg Open Interest." 00:00 Scott Bessent 00:30 Bessent on Big, Beautiful Bill 01:30 Bessent: we're going to bring debt levels down 02:30 Bessent says spending bill will stimulate the economy 03:10 Bessent takes exception to idea that bill cuts medicaid 05:10 Bessent on bond markets 06:38 Bessent on Fed policy, Chair Jerome Powell 09:30 Bessent on trade war, tariffs 12:00 Bessent on housing market, Fannie & Freddie -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Connect with Bloomberg Business on: X:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness   TikTok: https://www.tiktok.com/@bloombergbusi... Reddit:   / bloomberg   LinkedIn:   / bloomberg-news   More from Bloomberg: Bloomberg Radio:   / bloombergradio   Bloomberg Surveillance:   / bsurveillance   Bloomberg Politics:   / bpolitics   Bloomberg Originals:   / bbgoriginals   Watch more on YouTube: Bloomberg Technology:    / @bloombergtechnology   Bloomberg Originals:    / @business   Bloomberg Quicktake:    / @bloombergquicktake   Bloomberg Espanol:    / @bloomberg_espanol   Bloomberg Podcasts:    / @bloombergpodcasts  

Follow along using the transcript.

Bloomberg Television

2.76M subscribers