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 ...
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, ...
Judge adjusts ruling blocking Musk, DOGE from Treasury Department payment systems
A federal judge Tuesday clarified that a ruling preventing Elon Musk’s Department of Government Efficiency (DOGE) from ...
Bessent Says Trump Wants Lower 10-Year Yields, Not Fed Cuts
Treasury Secretary Scott Bessent said the Trump administration’s focus with regard to bringing down borrowing costs is 10-year Treasury yields, rather than the Federal Reserve’s benchmark short-term ...
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 Fed Chair Jerome Powell, breaking from ...
Bessent's focus on 10-year US Treasury yield may let Fed off the hook
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market ...
US bond market lukewarm on Bessent's 10-year yield pledge
U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some skepticism in the bond ...
Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates
While in the past President Donald Trump has implored the Fed to cut its benchmark rate, Bessent said Wednesday that the ...
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Secretary Bessent’s Pocket
America’s store of gold seems to be burning a hole in the pocket of our new Treasury secretary, Scott Bessent. That’s the ...