Bessent Says Federal Reserve’s Challenges Go Beyond Chairman Powell’s Stance on Interest Rates

Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee on Capitol Hill on June 11, 2025. Madalina Vasiliu/The Epoch Times The Federal Reserve’s challenges extend beyond Chair Jerome Powell’s stance on interest rates, said Treasury Secretary Scott Bessent on CNBC’s “Squawk Box” on July 7. President Donald Trump and senior administration officials

Trump Hosts Netanyahu at White House Amid Push for Gaza Cease-Fire, Iran Peace Deal

Israeli Prime Minister Benjamin Netanyahu (R) hands over a letter to President Donald Trump as they meet at the Blue Room of the White House in Washington, DC, on July 7, 2025. Andrew Caballero-Reynolds / AFP WASHINGTON—U.S. President Donald Trump welcomed Israeli Prime Minister Benjamin Netanyahu to the White House on the evening of July

Trump threatens more than a dozen countries with new tariffs by Aug. 1

President Trump on Monday said the U.S will impose 25% tariffs on goods from South Korea and Japan by Aug. 1, while also threatening to hit a dozen other nations with steep import duties by next month.  Mr. Trump initially posted two nearly identical letters, addressed to Japanese Prime Minister Shigeru Ishiba and South Korean President Lee