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 ...
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, ...
Post from suspended X account falsely attributed to Treasury secretary | Fact check
There is no evidence Bessent made the X post attributed to him. The account shown has been suspended, and no credible news reports support the claim.
'CFPB RIP': Musk and Trump's plans to shrink an agency that cracks down on medical debt and overdraft fees are underway
Treasury Secretary Scott Bessent called for a halt on most of the CFPB's work. It could impact rules on overdraft fees, ...
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 ...
Here’s What To Know About Elon Musk’s DOGE: Democratic States Sue Trump Over Treasury Access
Marko Elez, the DOGE staffer who resigned after racist social media posts including a call to "normalize Indian hate" ...
Will Trump Axe the CFPB? What Consumers Should Know
Time will tell what Trump has in store for the CFPB. For now, consumers can still access the bureau’s many educational ...
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, ...