MarketWatch: Elizabeth Warren presses Bessent for answers after his remarks at private Wall Street event

Sen. Elizabeth Warren, the ranking Democrat on the Senate Banking Committee, on Friday pressed Treasury Secretary Scott Bessent to explain why he gave “inside information” on President Donald Trump’s tariff plans to Wall Street insiders and not the broader public.

Speaking at a closed-door, invitation-only event hosted by JPMorgan Chase on Tuesday, Bessent said that the tariff standoff between China and the U.S. would soon de-escalate. When reports of his remarks leaked to the press, it caused stocks to rocket higher. Trump then spoke to reporters, essentially confirming Bessent’s remarks.

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