Treasury Secretary Scott Bessent rejected the idea that President Donald Trump’s tariff hikes will ignite a new wave of ...

Although President Donald Trump nominated Jerome Powell to chair the Federal Reserve, he has made clear that once Powell’s ...

Scott Bessent serves as chief executive officer and ... He was an adjunct professor of Economic History at Yale University from 2006-2011. Fed Chairman Jerome Powell made some of the right moves ...

The elegant, old school South Carolinian emphasizes deregulation, especially in the banking sector — and the importance of ...

On February 7, Treasury Secretary Scott Bessent stated in an interview that DOGE’s operational review aims to identify cost savings without altering any data, as the Fed controls changes to ...

Treasury Secretary Scott Bessent said that any move to ... from China and Ukraine to Elon Musk’s energy level, Bessent noted the Fed is currently shrinking its own holdings of Treasuries ...

The bond market is readying for a 10-year note auction, the first under new Treasury Secretary Scott Bessent. The Treasury will sell $42 billion in 10-year notes. The 10-year is important because ...

Scott Bessent, left, joins President Donald Trump earlier this month. Asked if Trump will enact the reciprocal tariffs by April, Treasury Secretary Scott Bessent replied, “we will see how our ...

NEW YORK, Feb 21 (Reuters) - A potential slowdown of the Federal Reserve's balance sheet drawdown and Treasury Secretary Scott ... after the Fed minutes on Wednesday and Bessent's interview ...

(Bloomberg) -- Treasury Secretary Scott Bessent said that any move ... when they languished below 2%. Bessent noted the Fed is currently shrinking its own holdings of Treasuries — creating ...