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Scott Bessent, Treasury Secretary and Fed
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.
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).
Treasury Secretary Scott Bessent Appointed as Acting CFPB Director
On January 31, 2025, the CFPB announced President Donald Trump had appointed Scott Bessent as Acting Director of the CFPB. In a brief statement, Bessent expressed his commitment to advancing the administration’s agenda to lower costs for Americans and accelerate economic growth.
4d
FACT CHECK: No, Scott Bessent Did Not Make An X Post About ‘Eliminating Income Taxes’
An image shared on Threads purports to show an X post from Treasury Secretary Scott Bessent in which he claims he’s ...
IJR
11d
Senate Confirms Scott Bessent To Lead Treasury Department With Bipartisan Support
The Senate voted to confirm investor and billionaire hedge fund manager Scott Bessent to serve as President Donald Trump’s ...
6d
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 ...
1d
Post from suspended X account falsely attributed to Treasury secretary | Fact check
There is no evidence Bessent made the X post attributed to him. The account shown has been suspended, and no credible news reports support the claim.
20h
'CFPB RIP': Musk and Trump's plans to shrink an agency that cracks down on medical debt and overdraft fees are underway
Treasury Secretary Scott Bessent called for a halt on most of the CFPB's work. It could impact rules on overdraft fees, ...
2d
on MSN
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 ...
1d
Here’s What To Know About Elon Musk’s DOGE: Democratic States Sue Trump Over Treasury Access
Marko Elez, the DOGE staffer who resigned after racist social media posts including a call to "normalize Indian hate" ...
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