Vietnamese officials acknowledged progress in the long-awaited trade agreement between the two sides but clarified that the terms are still under government review.
During an interview with Fox Business on Thursday, Bessent indirectly said the Trump administration has prepared a list of potential successors to Powell.
The former U.S. president highlighted the efforts by his administration to strengthen the North Atlantic Treaty Organization, a military alliance comprising primarily countries from North America and Europe.
U.S. stocks climbed on Wednesday, with the S&P 500 setting fresh record highs after a surprise decline in private payrolls boosted expectations of Federal Reserve rate cuts.
The Treasury Secretary also called out the Federal Reserve for having “tariff derangement syndrome”, echoing President Trump’s attacks on Fed Chair Jerome Powell.
President Donald Trump said “trillions of dollars” are now being invested in the U.S., adding that the “Big Beautiful Bill” will be one of the “most successful” pieces of legislation to ever be passed.
