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Happening Now: Bessent To Discuss Global Economy In California
Posted
May 5, 2025
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41,429
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May 5, 2025
41,429
496
51
1.32%
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37:42Now PlayingTreasury Secretary Scott Bessent is scheduled to discuss the state of the global economy on Monday morning during a global conference in California.
Bessent is President Trump’s point official on the economy, and has taken a leading role in updating the nation about the status of negotiations with other countries on new trade deals.
Trump’s tariff regime has rattled markets. The president initially was set to impose heavy tariffs on every country in the world, but paused most of his “Liberation Day” regime to provide time for negotiations.
Bessent has suggested deals with India and South Korea are close, but there have been few hard details.
The Treasury secretary is set to speak at 11 a.m. from the Milken Institute’s global conference in Beverly Hills, Calif.
Watch the live video above.
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