Skip to content
Back to Guavy Wire
Forex

Schiff Demands Bessent's Resignation Amid $5K Dividend Claims

Instruments
USD
Share

Peter Schiff has called for the resignation of Treasury Secretary Scott Bessent over claims that he promised $5,000 in dividends. Bessent stated that the Treasury Department is examining whether congressional approval is needed for these payments, but Schiff dismissed this and demanded Bessent's resignation.

The S&P 500 could see a 30% plunge by 2027 as the artificial intelligence bubble enters its late stages, according to Capital Economics. Chief economic adviser John Higgins stated that several indicators point to this outcome.

Stocks sank after Federal Reserve Chair Kevin Warsh delivered a hawkish message during his first post-hike press conference. He emphasized the Fed's commitment to fighting inflation and stated that 'inflation is a choice, and today we took a step in delivering it.'

More on Forex

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc