Bessent appears to be more interested in bringing down borrowing costs to stave off a potential sovereign debt doom loop than ...
House Democrats led by Rep. Brad Schneider (Ill.) pressed Treasury Secretary Scott Bessent on mass layoffs at the Internal ...
The White House's top economic advisor defended controversial tariffs and acknowledged the economy may be starting to roll over as a "natural adjustment" to President Donald Trump's new economic ...
President Trump again pressed the Federal Reserve to cut interbank lending ... according to Treasury Secretary Scott Bessent. Bessent said Tuesday that the administration will take into account ...
"It's a correction that has nothing to do with the federal government's transition to a more prudent ... Cramer also pushed back against Treasury Secretary Scott Bessent's claims that corrections are ...
During the Biden administration, Janet Yellen began shifting to more short-term Treasurys to take pressure off the ...
Bessent's take suggests that the "Trump put" may take longer to manifest or require more significant market declines before any action is taken.
(Bloomberg) -- Treasury Secretary Scott Bessent rejected the idea that President Donald Trump’s tariff hikes will ignite a new wave of inflation, and suggested that the Federal Reserve ought to ...
Treasury Secretary Scott Bessent said he expects the US housing ... and sees potential for inflation to return to the Federal Reserve’s 2% target “quickly.” “We’re still living through ...
Treasury Secretary Scott Bessent warned the U.S. economy could enter a "detox period" as the administration shifts from ...
Treasury Secretary Scott Bessent said Thursday that "I am not ... creating a new dilemma for the Federal Reserve as policymakers try to bring inflation down to their 2% target.
Know what is scary? Inflation. What can cause inflation? More money in the system. But an ample money supply does not have to ...