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Fed, Trump and 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.
Treasury Secretary Scott Bessent calls for Trump tax cuts to be made permanent
Treasury Secretary Scott Bessent on Wednesday signaled that the White House wants Trump's tax cut package from 2017 to be extended permanently before their expiration this year, rather than a temporary extension.
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,
Treasury, Scott Bessent
Bessent Says Musk’s DOGE Isn’t Altering Treasury Systems
US Treasury Secretary Scott Bessent said he personally vetted the Treasury employees on Elon Musk’s government efficiency team with read-only access to federal payment data, and that there’s been no “tinkering” with the department’s payment systems.
Bessent says DOGE isn't tinkering with IRS, Treasury payment system - report
Elon Musk's Department of Government Efficiency isn't "tinkering" with the Internal Revenue System or the Treasury Department's payment system, Treasury Secretary Scott Bessent said on Thursday. He also discussed interest rates and the Fed.
Treasury Department says DOGE will have 'read only' access to payment systems in letter to Congress
A Treasury Department official told members of Congress DOGE will have "read-only access" to the government's payment system during its review.
10h
on MSN
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 ...
10d
on MSN
Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump’s tax cuts
The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.
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 ...
CBS News on MSN
10d
Senate confirms Scott Bessent as Treasury secretary
The Senate voted Monday as Senate Republicans work to quickly install President Trump's picks for top administration posts.
6d
on MSN
Treasury Secretary Scott Bessent Pays $12.5 Million for D.C. Mansion
Days after his Senate confirmation, Treasury Secretary Scott Bessent has paid $12.5 million for a historic mansion in ...
JD Supra
1d
Acting CFPB Director Bessent tells CFPB staff to stop virtually all work
Contending that he wants to ensure that the CFPB is in line with Trump Administration policies, acting bureau Director Scott Bessent has ...
3d
Warren blasts Treasury Secretary Bessent on Elon Musk weekend data grab
U.S. Sen. Elizabeth Warren demanded answers following reports that billionaire Elon Musk took access to the nation's finance ...
4d
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 ...
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