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. Bessent, in two interviews this week, ...
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 ...
Treasury Secretary Scott Bessent said that any move to boost the share of longer-term Treasuries in government debt issuance is some ways off, given current hurdles that include elevated inflation and ...
A potential slowdown of the Federal Reserve's balance sheet drawdown and Treasury Secretary Scott Bessent's assurance against ...
America’s store of gold seems to be burning a hole in the pocket of our new Treasury secretary, Scott Bessent. That’s the speculation we take from Gillian Tett’s latest column in the London Financial ...
The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new ...
The staff at the Consumer Financial Protection Bureau was instructed by email to cease much of its work. Bessent, a wealthy Wall Street investor, replaces Rohit Chopra, who was fired on Saturday.
Treasury Secretary Scott Bessent, shown at a confirmation hearing ... yields to bring down borrowing costs rather than the Federal Reserve actions on short-term interest rates, Treasury Secretary ...
For decades, politicians of both parties with few exceptions have left it up to the Federal Reserve Bank to curb inflation ...
Much attention has been focused on US gold reserves in recent days, especially the stockpile in Fort Knox. While Treasury ...