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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.
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.
Trump Treasury secretary Scott Bessent relives 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.
17h
on MSN
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 ...
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 ...
Stars and Stripes
1d
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 ...
2d
on 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 ...
3d
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 ...
American Banker
3d
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.
2h
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 ...
8h
DOGE Was Tasked With Stopping Treasury Payments to USAID, AP Sources Say
Officials working with Elon Musk’s Department of Government Efficiency sought access to the Treasury Department payment ...
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