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 ...
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 ...
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 ...
Democrats demand Bessent meeting over DOGE ‘chaos’ at Treasury
Senate Democrats on Wednesday demanded Treasury Secretary Scott Bessent attend a meeting with the Democratic Caucus “as soon ...
Treasury Secretary Scott Bessent calls for Trump tax cuts to be made permanent
Treasury Secretary Scott Bessent appeared on FOX Business Network's "Kudlow" and urged Republicans to make President Donald ...
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, ...
Bessent Projects Normalcy While ‘Completely Aligned’ With Musk
In just two weeks as Treasury chief, Scott Bessent has seen plenty of turbulence. The department became a target of Elon Musk’s crackdown on federal spending — triggering protests outside Bessent’s ...
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 ...
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 Secretary Says Trump Is Not 'Calling For The Fed To Lower Rates'
President Donald Trump is focused on 10-year Treasury yields to bring down borrowing costs rather than the Federal Reserve ...
DOJ allows some DOGE employees access to Treasury payment system
Treasury Secretary Scott Bessent was sued after he granted DOGE personnel limited access to his department’s payment system ...
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 ...