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 ...
Bessent Misled Congress About DOGE Access, Senate Democrat Says
Senator Ron Wyden on Friday accused the Treasury Department of misleading Congress about the level of access into sensitive ...
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, ...
Bessent Says Fannie-Freddie Release Depends on Mortgage Rates
Treasury Secretary Scott Bessent said that any release of the two giant government-sponsored enterprises, Fannie Mae and ...
Bessent Says Musk’s DOGE Isn’t Altering Treasury Data
US Treasury Secretary Scott Bessent said he personally vetted a senior Treasury employee on Elon Musk’s government efficiency ...
US bond market lukewarm on Bessent's 10-year yield pledge
Treasury Secretary Scott Bessent's efforts to contain 10-year Treasury yields face skepticism amid expected inflationary ...