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.
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 constraints that could impede President Donald Trump's economic plans, while also getting the Federal Reserve out of his direct line of fire.
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, ...
U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some skepticism in the bond ...
In a desperately needed move this week, President Donald Trump fired Rohit Chopra, director of the Consumer Financial ...
Elon Musk's Department of Government Efficiency isn't "tinkering" with the Internal Revenue System or the Treasury Department's payment system, Treasury Secretary Scott Bessent said on Thursday. He ...
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