Economist: There is 'no button' Scott Bessent can push to lower long-term rates in a meaningful way
Nathan Sheets of Citi discusses U.S. Treasury Secretary Bessent's calls for lower long-term bond yields, saying his 3-3-3 ...
Trump administration pauses work of consumer watchdog and names Scott Bessent as acting head
In an email sent from acting director Scott Bessent, employees were told to pause all work related to issuing rules, ...
Bessent Misled Congress About DOGE Access, Senate Democrat Says
Senator Ron Wyden on Friday accused the Treasury Department of misleading Congress about the level of access into sensitive ...
Will Trump Axe the CFPB? What Consumers Should Know
Time will tell what Trump has in store for the CFPB. For now, consumers can still access the bureau’s many educational ...
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, ...
Bessent Says Musk’s DOGE Isn’t Altering Treasury Data
US Treasury Secretary Scott Bessent said he personally vetted a senior Treasury employee on Elon Musk’s government efficiency ...
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 ...