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Trump Appoints Treasury Secretary Scott Bessent
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 says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates
The Trump administration is more focused on keeping Treasury yields low rather than on what the Fed does, Treasury Secretary Scott Bessent said. Bessent indicated that Trump will not be hectoring the Fed to cut,
Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump’s tax cuts
The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.
2h
on MSN
Democrats demand Bessent meeting over DOGE ‘chaos’ at Treasury
Senate Democrats on Wednesday demanded Treasury Secretary Scott Bessent attend a meeting with the Democratic Caucus “as soon ...
28m
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 ...
2d
Trump Names Scott Bessent, the Treasury Secretary, to Lead the Consumer Bureau
The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...
5d
on MSN
Treasury Secretary Scott Bessent Pays $12.5 Million for D.C. Mansion
Days after his Senate confirmation, Treasury Secretary Scott Bessent has paid $12.5 million for a historic mansion in ...
CBS News on MSN
9d
Senate confirms Scott Bessent as Treasury secretary
The Senate voted Monday as Senate Republicans work to quickly install President Trump's picks for top administration posts.
3d
Warren blasts Treasury Secretary Bessent on Elon Musk weekend data grab
U.S. Sen. Elizabeth Warren demanded answers following reports that billionaire Elon Musk took access to the nation's finance ...
4d
on MSN
Wall Street Is Nervous About Scott Bessent’s Borrowing Plans
The prospect of increased borrowing by a second Trump administration has spooked bond investors in recent months. One major ...
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