Washington Examiner / Magazine
August 13, 2025 Issue
August 13, 2025 Print Edition
Cover Story
Scott Bessent is staying on the job at a pivotal point for Trump’s agenda
PITTSBURGH — It should come as no surprise that Treasury Secretary Scott Bessent declined to be the next Federal Reserve chairman. Spend any time listening to Bessent talk, and it is clear he is laser-focused on one thing, something he can only accomplish in his current job: lifting America’s economy into a position where both Main Street and Wall Street are performing equally robustly. The 79th treasury secretary also loves working with President Donald Trump, something that became very evident when I was a fly on the wall on Air Force One at the end of May. That’s when Bessent traveled with the president to the U.S. Steel Mon Valley Works–Irvin Plant in West Mifflin, Pennsylvania. The banter, trust, and respect that went both ways between the men were tangible. Treasury Secretary Scott Bessent (left)...

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