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

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

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

(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 ...

"One way to tell whether markets think ‘are we getting inflation under control’ is to look at longer-term interest rates that the Fed doesn ... Treasury Secretary Scott Bessent first ...

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 ...

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 ...

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 ...

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 ...