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.
The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...
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Senate confirms Scott Bessent as Treasury secretaryThe Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new ...
The staff at the Consumer Financial Protection Bureau was instructed by email to cease much of its work. Bessent, a wealthy ...
President Donald Trump has tasked Treasury Secretary Scott Bessent with serving as the acting director of the Consumer ...
A pair of House Democrats showed up uninvited to House Speaker Mike Johnson's (R-La.) office Wednesday to elbow into his ...
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