Daniel Flatley
@DanielPFlatley
Reporter @business covering US Treasury. Former Marine. West Virginia native. E-mail: [email protected] Signal: danielflatley.57
Treasury Secretary Scott Bessent said that there’s “no rush” to identify a successor to Federal Reserve Chair Jerome Powell w/ @annmarie bloomberg.com/news/articles/…
Treasury Secretary Scott Bessent stopped short of saying the European Union can win the same sort of trade deal as Japan cut with President Donald Trump, highlighting that Tokyo’s success came thanks to an innovative financing arrangement. w/ @annmarie bloomberg.com/news/articles/…
Treasury Secretary Scott Bessent says he sees no reason for Fed Chair Jerome Powell to step down right now bloomberg.com/news/articles/…
Treasury Secretary Scott Bessent says he will meet his Chinese counterparts in Stockholm next week for their third round of trade talks bloomberg.com/news/articles/…
Bessent says a "good" trade deal with Japan is still within the realm of possibility but indicates it may take more time after meeting with the Japanese PM in Tokyo.
My thanks to Prime Minister @shigeruishiba and Minister @ryosei_akazawa for their warm welcome to Japan. Grateful to represent @POTUS and the American people at @expo2025japan alongside @usambjapan, and to celebrate the enduring alliance between our nations. A good deal is more…
With the dust settled (for now) after yesterday's whiplash news cycle re: whether Trump will try to fire Federal Reserve Chair Jerome Powell, here's a deep dive into what's going on, what everyone is watching for and what could happen if Trump ultimately does make that move. From…
Treasury Secretary Scott Bessent suggested the deadline for a US-China tariff truce slated to end next month is flexible bloomberg.com/news/articles/…
US Treasury Secretary Scott Bessent says a “formal process” is already starting to identify a potential successor to Federal Reserve Chairman Jerome Powell bloomberg.com/news/articles/…
The US is working toward an interim trade deal with India that may reduce its proposed tariffs to below 20%, people familiar with the matter said via @JoeDeaux @shruti838 @29_ruchibhatia bloomberg.com/news/articles/…
US revenue from customs duties this fiscal year surpassed $100 billion for the first time, reflecting higher tariffs imposed by the Trump administration w/ @JarrellTDillard bloomberg.com/news/articles/…
Far from "TACO," Bessent told a Sun Valley group the right acronym to understand Trump's trade strategy is FAFO, which stands for "fuck around and find out." That and more, including what Trump and Soros have in common, in this piece from me and @EdLudlow bloomberg.com/news/articles/…
BREAKING: Trump says the US will impose a tariff of 35% on goods from Canada starting Aug. 1. bloomberg.com/news/articles/…
Bessent told a room full of billionaires in Sun Valley that President Trump shares a personality trait with his former boss, George Soros: they are both impatient when working on high-stakes deals. Reports @EdLudlow and @DanielPFlatley bloomberg.com/news/articles/…
Goldman Sachs plans to ask junior bankers to confirm their loyalty on a regular basis in a bid to limit advances from talent-hungry buyout firms via @_ToddGillespie bloomberg.com/news/articles/…
President Donald Trump said he would not offer any extensions to a new Aug. 1 deadline for nations to begin paying so-called reciprocal tariffs via @stephaniealai bloomberg.com/news/articles/…
Cybersecurity woes are plaguing the US Treasury Department, deepening a rift between the agency responsible for protecting the integrity of the financial system and the banks it regulates. W/@jordanr1000, @hannahlevitt and @JasonLeopold Gift link 👇 bloomberg.com/news/features/…
Citadel founder Ken Griffin paid $18.1 million for copies of the 13th Amendment and the Emancipation Proclamation signed by President Abraham Lincoln via @AmandaGordon @parmarhema bloomberg.com/news/articles/…
Full Bessent interview from today: youtu.be/wfKwve4J_4U?si…
Senate clerks who read the Big Beautiful Bill over the weekend ....
President Donald Trump said he has identified a buyer for the US operations of the TikTok social media app, but he won’t provide details for two weeks via @hlowenkron @mapamijares bloomberg.com/news/articles/…