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Trump Appoints Treasury Secretary Scott Bessent
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got nothing to do with the Federal Reserve.
Trump Treasury secretary Scott Bessent relieves some pressure on the Fed
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, but what he and the president do want is to bring down longer-term borrowing costs via 10-year Treasury yields (^TNX).
Balance of Power: Treasury Secretary Scott Bessent on DOGE, Dollar, Fed
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill
4h
on MSN
Bessent Says Musk’s DOGE Isn’t Altering Treasury Systems
US Treasury Secretary Scott Bessent said he personally vetted the Treasury employees on Elon Musk’s government efficiency ...
4h
Trump’s focus on 10-year Treasury yield to cut borrowing costs raises curiosity — and problems
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year ...
JD Supra
1d
Acting CFPB Director Bessent tells CFPB staff to stop virtually all work
Contending that he wants to ensure that the CFPB is in line with Trump Administration policies, acting bureau Director Scott Bessent has ...
3d
Warren blasts Treasury Secretary Bessent on Elon Musk weekend data grab
U.S. Sen. Elizabeth Warren demanded answers following reports that billionaire Elon Musk took access to the nation's finance ...
4d
on MSN
Wall Street Is Nervous About Scott Bessent’s Borrowing Plans
The prospect of increased borrowing by a second Trump administration has spooked bond investors in recent months. One major ...
1d
Treasury Tells Congress That DOGE Had ‘Read Only’ Access to Payment Systems
A Treasury Department official has written a letter to federal lawmakers saying that a tech executive working with Elon ...
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