Scott Bessent Backs Fossil Fuels For Developing Nations, Treasury Secretary Slams Renewables-Only Push As 'Luxury Belief' Amid Trump's 'Drill, Baby, Drill' Agenda
Thursday, 24 April 2025 () Treasury Secretary Scott Bessent voiced support for fossil fuel development in emerging economies, criticizing the push for renewables-only energy solutions as unrealistic for countries facing basic economic challenges. What Happened: “Energy abundance sparks economic abundance,” Bessent wrote…
President Trump signals a potential rollback of his steep China tariffs, saying they’ll “come down substantially, but won’t be zero.” His comments follow Treasury Secretary Scott Bessent’s prediction of a “de-escalation” in the trade war, calling current rates unsustainable. Trump...
Elon Musk and Treasury Secretary Scott Bessent got into a heated shouting match inside the White House over who should lead the IRS. Musk backed Gary Shapley, while Bessent pushed for his deputy..
🚨🇺🇸 BREAKING: Scott Bessent Says, "In response to President Trump's tariff announcements, more than 100 countries have approached us wanting to help rebalance global..