Trump, Treasury secretary and Greenland
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Treasury Secretary Scott Bessent on Sunday was widely mocked for what social media users suggested was a “circular logic” response to a question about tariffs. As the talk on NBC News’ “Meet The Press” turned to President Donald Trump’s push to impose new tariffs on European nations that have sent troops to Greenland,
Scott Bessent's comments came a day after President Donald Trump said he would impose tariffs on European countries that reject his push to control Greenland.
The U.S. Treasury had planned to buy back $4 billion of its own debt on the day but postponed the operation after encountering a "technical issue," according to an official public statement. The Treasury added that the rescheduled date will be informed on Jan. 16 at 9:00 AM ET.
Treasury Secretary Scott Bessent on Friday said it’s no “problem” for the U.S. to pay off tariff refunds if the Supreme Court rules against President Trump’s tariffs.
U.S. Treasury yields ended the week slightly up, lifted by a selloff that pushed government borrowing costs higher in Friday’s session.
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President Trump is threatening tariffs against European nations that oppose his mission to take over Greenland. Axios' Madison Mills joins CBS News with the European reactions.