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 ...
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 ...
10-, 30-year yields end higher for first time in four sessions amid mild selloff
A modest selloff in U.S. government debt sent 10- and 30-year yields up for the first time in four sessions on Thursday, after weekly jobless claims came in slightly higher than expected. -- The yield ...
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 ...
US Treasury Secretary Bessent: We aren't focused on whether the Fed will cut
US Treasury Secretary Scott Bessent hit newswires on Thursday, touching on a variety of topics that suggest the President ...
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, ...
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 ...
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Stocks Waver as Bonds Pare Drop on Bessent Remarks: Markets Wrap
A sense of caution prevailed in the stock market as traders parsed mixed earnings ahead of Amazon.com Inc.’s results and jobs data. Bonds pared losses as Treasury Secretary Scott Bessent reiterated ...
Bessent Says Strong Dollar Policy Completely Intact Under Trump
US Treasury Secretary Scott Bessent says a strong dollar policy is "completely intact" under President Donald Trump as he ...
Bessent Says Strong Dollar Policy Remains Intact Under Trump
Treasury Secretary Scott Bessent said that the US continues to have a “strong dollar” policy under President Donald Trump.
US sanctions network that helps ship Iranian oil to China
The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating ...
Bessent says DOGE isn't tinkering with IRS, Treasury payment system - report
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 ...