Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Philippines Manufacturing PMI Hits Nine-Month High Despite Weak Confidence Outlook 
Brazil Supreme Court Orders Asset Freeze of Nelson Tanure Amid Banco Master Investigation 
Asian Currencies Hold Firm as Dollar Rebounds on Fed Chair Nomination Hopes 
Meta Faces Lawsuit Over Alleged Approval of AI Chatbots Allowing Sexual Interactions With Minors 
US Judge Rejects $2.36B Penalty Bid Against Google in Privacy Data Case 
Panama Supreme Court Voids Hong Kong Firm’s Panama Canal Port Contracts Over Constitutional Violations 
Pierre Poilievre Retains Conservative Leadership After Election Defeat in Canada 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
U.S. Government Faces Brief Shutdown as Congress Delays Funding Deal 
Google Seeks Delay on Data-Sharing Order as It Appeals Landmark Antitrust Ruling 
New York Judge Orders Redrawing of GOP-Held Congressional District 
Trump Proposes Two-Year Shutdown of Kennedy Center Amid Ongoing Turmoil 
Peter Mandelson Resigns from Labour Party Amid Renewed Jeffrey Epstein Links 
Kevin Warsh’s Fed Nomination Raises Questions Over Corporate Ties and U.S.–South Korea Trade Tensions 
Federal Judge Rules Trump Administration Unlawfully Halted EV Charger Funding 
EU Recovery Fund Faces Bottlenecks Despite Driving Digital and Green Projects 
U.S. Treasury Secretary Scott Bessent announced on Monday that he plans to personally attend the Supreme Court hearing this week regarding the legality of President Donald Trump’s tariff policy. The case, which has drawn significant national attention, is being described by Bessent as a matter of “national security” with major implications for the country’s economic future.
Speaking on Fox News’ “Jesse Watters Primetime,” Bessent expressed his commitment to the issue, saying, “I’m actually going to go and sit, hopefully in the front row, and have a ringside seat. This is a matter of national security.” His remarks come as the Supreme Court prepares to examine whether Trump’s use of executive authority to impose tariffs aligns with constitutional and legal standards.
When asked whether his presence at the hearing might be interpreted as an attempt to influence or intimidate the Court, Bessent dismissed the idea. “I will emphasize that this is an economic emergency,” he said, reinforcing his belief that the tariffs are essential to safeguarding American industries and protecting U.S. jobs in a challenging global market.
The Biden administration, which inherited aspects of Trump’s trade policy, has faced ongoing pressure to clarify its stance amid debates over economic protectionism and global trade relations. Bessent’s decision to attend the hearing underscores the Treasury Department’s deep involvement in the issue and its concern over the potential economic consequences of the Court’s ruling.
As the hearing approaches, economists and policymakers are closely watching the outcome, viewing it as a pivotal moment for U.S. trade strategy and executive power in shaping national economic policy.
