Archive · 7 Oct 2026

Inside Bessent’s Treasury: Turnover, Tension and Unmet Goals

Inside Bessent’s Treasury: Turnover, Tension and Unmet Goals

Scott Bessent leads the U.S. Treasury Department.

People familiar with his conversations say President Trump calls him almost every day.

Some people say Bessent can sometimes persuade Trump not to pursue ideas he thinks are unwise, such as raising tariffs further.

A White House official says Bessent wants the president to see the department as working well.

The article headline also points to staff changes and economic goals that have not been achieved.

The excerpt does not explain those issues in detail.

Sources