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Fed, Treasury and Scott Bessent
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 nothing to do with the Federal Reserve.
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, but what he and the president do want is to bring down longer-term borrowing costs via 10-year Treasury yields (^TNX).
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.
8h
on MSN
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 ...
Boise State Public Radio
3d
Treasury Secretary Bessent, tapped to run CFPB, orders staff to halt work
The staff at the Consumer Financial Protection Bureau was instructed by email to cease much of its work. Bessent, a wealthy ...
2h
US bond market lukewarm on Bessent's 10-year yield pledge
Treasury Secretary Scott Bessent's efforts to contain 10-year Treasury yields face skepticism amid expected inflationary ...
CNN on MSN
10d
Senate confirms Scott Bessent as Treasury secretary
The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new ...
federalnewsnetwork.com
10d
Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump’s tax cuts
WASHINGTON (AP) — The U.S. Senate confirmed billionaire investor
Scott
Bessent
on Monday to serve as President ... He ...
19h
Trump wants a lower 10-year yield. The market on Thursday isn't budging.
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 ...
21h
Trump's Aim to Lower The 10-Year Yield Could Bode Well for Bitcoin
U.S. Treasury Secretary Scott Bessent said Wednesday that the Trump administration aims to reduce borrowing costs in the economy by lowering the ...
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