Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Scott Bessent, U.S. Treasury Secretary, indicated that increasing the issuance of longer-term treasuries is a distant prospect due to challenges posed by the Federal Reserve's quantitative tightening.
President Donald Trump is focused on 10-year Treasury yields to bring down borrowing costs rather than the Federal Reserve ...
Sens. Rick Scott (R-Fla.) and Elizabeth Warren (D-Mass.) urged the Federal Reserve chair to hammer down on “improper” trade ...
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, but what he and the president do want is to bring down longer-term ...
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
For decades, politicians of both parties with few exceptions have left it up to the Federal Reserve Bank to curb inflation ...
"He wants lower rates. He is not calling for the Fed to lower rates," the Treasury Secretary said this week. On January 29, the Federal Reserve chose to keep the federal funds rate steady.
DOGE has swept through federal agencies since Trump began his second term as president last month. Musk, chief executive of carmaker Tesla, was put in charge of rooting out what t ...