Economist: There is 'no button' Scott Bessent can push to lower long-term rates in a meaningful way
Nathan Sheets of Citi discusses U.S. Treasury Secretary Bessent's calls for lower long-term bond yields, saying his 3-3-3 ...
Trump administration pauses work of consumer watchdog and names Scott Bessent as acting head
In an email sent from acting director Scott Bessent, employees were told to pause all work related to issuing rules, ...
US bond market lukewarm on Bessent's 10-year yield pledge
Treasury Secretary Scott Bessent's efforts to contain 10-year Treasury yields face skepticism amid expected inflationary ...
Bessent Calms Markets by Leaving US Dollar, Debt Plans Intact
US Treasury Secretary Scott Bessent said he favors a strong dollar and has no plans to alter the government’s debt-issuance ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...
Treasury Chief Bessent Says He’s ‘Completely Aligned’ With Elon Musk: Here’s What To Know About DOGE
DOGE has gained access to government employees' sensitive information via the Office of Personnel Management, payment systems at the Treasury Department and Centers for Medicaid and Medicare this week ...
Bessent Says Fannie-Freddie Release Depends on Mortgage Rates
Treasury Secretary Scott Bessent said that any release of the two giant government-sponsored enterprises, Fannie Mae and Freddie Mac, from their current conservatorship would depend on the ...
Trump is focused on lowering bond yields, not fighting the Fed, Treasury chief says
The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott ...