Trump Treasury secretary Scott Bessent relives 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.
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from ...
The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...
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The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.
President Donald Trump has tasked Treasury Secretary Scott Bessent with serving as the acting director of the Consumer ...
Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.
Scott Bessent was sworn in as Treasury Secretary on Tuesday, taking the helm of one of the government agencies most critical ...
The Senate confirmed on Monday Scott Bessent, a Wall Street veteran and campaign ally of President Donald Trump, as treasury secretary, one of the highest-profile cabinet posts. Bessent won ...
U.S. stocks were mixed on Thursday, near record highs, but another big focus was the 10-year Treasury yield. Treasury Secretary Scott Bessent said Wednesday that the Trump administration was focused ...
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