Treasury Secretary Bessent says Trump is “not calling for the Fed to lower interest rates”
Scott Bessent, president Donald Trump’s handpicked Treasury Secretary, put an end to the speculation during a Wednesday interview on Fox Business. The president is not pressuring the Federal Reserve to cut interest rates,
Scott Bessent, hedge fund billionaire, is Trump's treasury secretary
Scott Bessent will lead President Donald Trump 's financial agenda as treasury secretary. Bessent, a billionaire hedge fund manager, was confirmed in a 68 to 29 U.S. Senate vote on Monday and sworn in on Tuesday.
Senate confirms Scott Bessent as Trump's Treasury secretary
Bessent, 62, is a longtime hedge fund manager, Trump donor and adviser. He'll be the point person for Trump on a host of key economic issues.
Treasury Secretary Scott Bessent says Trump 2.0 focusing on 10Y yields, not Fed
Bessent repeated his view that expanding energy supply will help lower inflation. For working-class Americans, “the energy component for them is one of the surest indicators for long-term inflation expectations,
Scott Bessent wins Senate confirmation as US Treasury secretary
Beyonce won the Grammy Award for best country album on Sunday for "Cowboy Carter" at a ceremony that served as a love letter to host city Los Angeles following the devastating wildfires that scarred a hub of the music business.
Federal Reserve keeps interest rates unchanged, defies Trump
The Federal Reserve on Wednesday kept interest rates unchanged, bypassing a trend of dropping cuts and bucking President Donald Trump's wishes amid uncertain economic times,
Senate confirms Scott Bessent as Treasury secretary
The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new administration’s top financial job as President Donald Trump forges ahead on an ambitious economic agenda.
Bessent Says He, Trump Focus on 10-Year Yields, Not Pushing Fed
Treasury Secretary Scott Bessent said the Trump administration’s focus with regard to bringing down borrowing costs is 10-year Treasury yields, rather than the Federal Reserve’s benchmark short-term interest rate.
Bessent, Trump to focus on 10-year yields, not fed rate - report
U.S. Treasury Secretary Scott Bessent said on Wednesday that he and President Donald Trump are focused on the 10-year Treasury yields in bringing down borrowing costs, not on the Federal Reserve's benchmark short-term interest rate.
Former Federal Reserve adviser arrested for passing trade secrets to China, Justice Department says
A former senior advisor to the Federal Reserve, John Harold Rogers, was arrested on charges he conspired to steal Fed trade ...
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Wells Fargo gains termination of two more Federal Reserve consent orders
Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...
Treasury secretary to temporarily oversee Consumer Financial Protection Bureau
President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the ...