Articles Tagged with ''Scott Bessent''

President Donald Trump’s latest deadline for imposing new tariffs on Canada, Mexico and China looms Tuesday, while on Capitol Hill negotiators remain deadlocked over plans to avoid a government shutdown after March 14.

Some are eying a trade deal with China inked during Trump’s first term as a tool to protect farmers from export losses triggered by retaliatory tariffs. But experts argue that absent new negotiations, enforcement options are limited.

After serving 12 of the last 16 years as agriculture secretary, Tom Vilsack will end his tenure leading USDA at the change of administration Monday.

Treasury Secretary-designate Scott Bessent told lawmakers in his confirmation hearing that he would protect U.S. farmers from any tariff retaliation by pushing China to live up to its purchasing commitments under the phase one deal.

The Biden administration is putting the finishing touches on its regulatory agenda ahead of President-elect Donald Trump’s inauguration. USDA is finalizing a rule barring poultry integrators from paying producers reduced rates in tournament ranking systems. The rule, being announced today, still allows for competitive bonuses.

Sites captures more fiscal runoff * Warren peppers Bessent with questions * More opposition to RFK

A bevy of President-elect Donald Trump’s top selections for his cabinet get confirmation hearings this week, including former Rep. Lee Zeldin, picked to head the EPA, and North Dakota Gov. Doug Burgum, selected for the dual role of Interior secretary and White House energy czar. The Biden administration also is expected to release new regulatory actions in its final week.

President-elect Donald Trump is bringing China hawk Peter Navarro back to the White House as a top trade adviser, adding to a trade team that features a mix of Wall Street veterans and protectionist policy specialists. In other words, the trade team for Trump’s second term looks a lot like the first. 

President-elect Donald Trump is setting up a cabinet of unusually diverse views and backgrounds that together could have a far-reaching impact on the food and agriculture sectors. Farm groups will be counting on his pick to lead USDA, Brooke Rollins, to be an advocate for ag within an administration. North Dakota Gov. Doug Burgum could be a key ally on energy policy.

President-elect Donald Trump has picked hedge fund manager and Scott Bessent as his Treasury Secretary nominee, prompting criticism from Senate Finance Democrats of "rich political donor" potentially helming the department.