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. Bessent, in two interviews this week, ...
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in Fed Chair Jerome Powell, breaking from ...
The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new ...
U.S. Treasury Secretary Scott Bessent on Tuesday argued the U.S. economy is more fragile under the surface than economic ...
America’s store of gold seems to be burning a hole in the pocket of our new Treasury secretary, Scott Bessent. That’s the speculation we take from Gillian Tett’s latest column in the London Financial ...
For decades, politicians of both parties with few exceptions have left it up to the Federal Reserve Bank to curb inflation ...
Much attention has been focused on US gold reserves in recent days, especially the stockpile in Fort Knox. While Treasury ...
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 ...
A potential slowdown of the Federal Reserve's balance sheet drawdown and Treasury Secretary Scott Bessent's assurance against ...
argue could undo some of the progress the Federal Reserve has made in getting inflation under control. In his confirmation hearing, Bessent warned that failure to renew $4 trillion in tax cuts ...
On Wall Street, investors got a hot inflation report and tough talk from JPMorgan CEO Jamie Dimon, while Washington had ...
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