Treasury Secretary Scott Bessent, commented on the ongoing feud between Elon Musk and President Donald Trump, suggesting that the conflict is unlikely to affect the passing of a significant bill.

The feud reignited on Monday when Musk, who spent hundreds of millions on Trump's re-election, renewed his criticism of Trump's tax-cut and spending bill, which would eliminate subsidies for electric vehicle purchases that have benefited Tesla,

Treasury Secretary Scott Bessent on Wednesday revealed that he expects the Federal Reserve to cut interest rates by September at the very least. In an interview with Fox News, Bessent said President Donald Trump’s tariffs had resulted in mild inflation only,

U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September. His comments on the Fox News show "The Ingraham Angle," come as President Donald Trump repeatedly urges the Fed to lower rates from their current 4.