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Bessent, Trump to focus on 10-year yields, not fed rate

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.

Reuters on MSN · 10h

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.

Hosted on MSN · 15h

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, Treasury and Elon Musk

The Hill on MSN · 13h

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 as possible” to answer questions about the Department of

Reuters · 1d

US Treasury's payment system 'not being touched' by Musk's DOGE, Bessent says

The U.S. Treasury's payment system won't be touched by Elon Musk's government efficiency team, Treasury Secretary Scott Bessent told Fox Business on Wednesday, adding that any decisions to stop payments would be made by other agencies.

The New York Times · 3d

Warren Questions Bessent Over Musk Access to Treasury Payment System

In a letter to the Treasury secretary, the Democratic senator warned against meddling with a system that processes trillions of dollars of transactions.

Stars and Stripes1d

Bessent’s Treasury sticks with Yellen-era long-term debt plan

The U.S. Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...

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 ...

9hon 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 ...

2don MSN

Federal employee unions are suing the Treasury and alleging Elon Musk's DOGE gained illegal and 'unprecedented' access to data

The lawsuit accused Scott Bessent, the Treasury secretary, of giving Elon Musk's Department of Government Efficiency access ...

American Banker3d

Treasury's Bessent tells CFPB staff to stop everything

Treasury Secretary Scott Bessent, who was named to be acting director of the Consumer Financial Protection Bureau, has told the agency's staff to put a halt to all rules and enforcement actions.

3don MSN

Elon Musk’s Attempt to Control the Treasury Payment System Is Incredibly Dangerous

Donald Trump and Elon Musk could use sensitive Treasury information to punish their enemies — or they could break America’s payment system entirely.

44m

Trump officials made bogus claims about what Musk's DOGE team could do at Treasury, report says

WIRED reporter Vittoria Elliott joins MSNBC’s Ali Velshi to discuss her reporting exposing the young, inexperienced members ...

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