-
Bessent says US could work productively with China, while Trump’s administration anticipates partnership with Venezuela too
US Treasury Secretary Scott Bessent told a Capitol Hill hearing on Tuesday that the US can have a very productive relationship with China. He said the US-China relationship is in a very comfortable place and that competition helps avoid stagnation. He said the Trump administration sees a good partnership with Venezuela. He said this would eventually lead to free and fair elections. Bessent said the Federal Reserve, under Kevin Warsh’s leadership, would be watching for any timing mismatch. He also said that productivity booms tend to bring employment booms. He said the US would see what happens with Iran. He added ... (full story)
- Comments / Top
- Subscribe
Shiham
Feb 10, 2026 11:51pm
Permalink
Trader#3F20
Feb 11, 2026 4:49am
Permalink
Trader#5018
Feb 11, 2026 7:04am
Permalink
-
Related Stories
Thanks to the mutual respect between @POTUS and President Xi, the U.S.China relationship has reached a stable but competitive point. Our goal is fair competition and de-risking, not decoupling. It is clear that China must rebalance, and their persistent $1 trillion trade
pic.twitter.com/9Oy2R0ccQJ
US Treasury Secretary Bessent: Trump is laser-focused on the housing market. BESSENT: I SEE A PICKUP IN MANUFACTURING JOBS IN THE COMING MONTHS BESSENT: I EXPECT A CONTINUED PICKUP IN CONSTRUCTION JOBS. ... US TREASURY SECRETARY BESSENT SAYS THE U.S. IS TRACKING FUNDS SENT AROUND THE WORLD BY IRANS LEADERSHIP
Total nonfarm payroll employment rose by 130,000 in January, and the unemployment rate changed little at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, social assistance, and construction, while federal government and financial activities lost jobs. This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these two surveys, see the Technical Note.
U.S. payrolls rose by 130,000 in January, more than expected; unemployment rate at 4.3% Job growth was stronger than expected to start 2026, providing some relief to concerns about the state of the U.S. labor market. Nonfarm payrolls increased by 130,000 for January, above the Dow Jones consensus estimate for 55,000, according to seasonally adjusted figures the Bureau of Labor Statistics released Wednesday. The total also was an improvement over December, which saw a gain of 48,000 after a slight downward revision. The unemployment rate edged lower to 4.3%, below the forecast to stay unchanged at 4.4% from the prior month. The report, delayed nearly a week by the partial government shutdown that ended Feb. 3, held consistent with a US LABOR DEPARTMENT PAYROLLS BENCHMARK REVISIONS: THE SEASONALLY ADJUSTED NONFARM EMPLOYMENT LEVEL FOR MARCH 2025 WAS REVISED DOWNWARD BY 898,000 ... THE JOBS STORY JUST GOT REWRITTEN On February 11, 2026, the Bureau of Labor Statistics slashed its 2025 payroll numbers in its annual benchmark update. What changed: Total job growth was revised from +584,000 to +181,000. Thats an average of just +15,000 jobs per month, not