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 Freddie Mac, from their current conservatorship would depend on the ...
Trump administration pauses work of consumer watchdog and names Scott Bessent as acting head
In an email sent from acting director Scott Bessent, employees were told to pause all work related to issuing rules, ...
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Bessent Says Strong Dollar Policy Remains Intact Under Trump
Treasury Secretary Scott Bessent said that the US continues to have a “strong dollar” policy under President Donald Trump.
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 ...
Treasury Chief Bessent Says He’s ‘Completely Aligned’ With Elon Musk: Here’s What To Know About DOGE
DOGE has gained access to government employees' sensitive information via the Office of Personnel Management, payment systems at the Treasury Department and Centers for Medicaid and Medicare this week ...
Bessent Says Looking Forward to Working Closely With BOJ’s Ueda
US Treasury Secretary Scott Bessent is looking forward to working closely and productively with Bank of Japan Governor Kazuo ...
Bessent’s Treasury Sticks With Yellen-Era Long-Term Debt Plan
The US Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...