Treasury, Scott Bessent

US Treasury Secretary Scott Bessent’s plans depend on D.O.G.E’s success
Scott Bessent, the new US Treasury Secretary under Trump’s administration, has a monster-sized mission. He’s been handed an economic puzzle that could break all financial markets and the entire global economy if he screws up.
Senate votes to confirm Scott Bessent as Treasury secretary
The U.S. Senate voted on Monday to confirm Scott Bessent as secretary of the Treasury. The final vote was 68-29.
Here is Bessent's best play to coax 10-year Treasury yields lower, BCA says
It's the budget. Treasury Secretary Scott Bessent said earlier this week that the Trump administration wants to focus on lowering borrowing costs by getting the 10-year Treasury yield down, not by pressuring the Federal Reserve to cut short-term rates.
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,
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got nothing to do with the Federal Reserve.
US bond market lukewarm on Bessent's 10-year yield pledge
U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some skepticism in the bond market on Thursday, as inflationary pressures and expectations of a widening federal deficit threaten to outweigh efforts to curb borrowing costs.
Bessent Wins Senate Confirmation to Be US Treasury Secretary
The US Senate confirmed Scott Bessent as the next secretary of the Treasury, becoming the chief economic spokesman for President Donald Trump and his sweeping agenda of tax cuts, deregulation and trade rebalancing.
Trump is focused on lowering bond yields, not fighting the Fed, Treasury chief says
The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott Bessent told said. Instead, the focus of the White House is on lowering Treasury yields as a way to ease borrowing costs.
Trump and Bessent's focus on US10Y instead of fed rate 'the right approach'
U.S. President Donald Trump and his newly appointed Treasury Secretary Scott Bessent's focus on the benchmark 10-year Treasury yield and not the federal funds rate to bring down borrowing costs is the "right approach,
Bessent's focus on 10-year US Treasury yield may let Fed off the hook
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market constraints that could impede President Donald Trump's economic plans, while also getting the Federal Reserve out of his direct line of fire.
Treasury Secretary Bessent Says He Had Constructive Meeting With Fed's Powell
US Treasury Secretary Scott Bessent says he had a constructive first meeting with Federal Reserve Chair Jerome Powell. Bessent says he's sure Powell will "do the right thing" when it comes to monetary policy.
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Bessent’s Treasury sticks with Yellen-era long-term debt plan
The U.S. Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...
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Janet Yellen Fast Facts
November 20, 2017 - Yellen tells President Trump in a letter that she will step down from the Federal Reserve’s Board of Governors when her successor is sworn in as the new chairman. February 5, 2018 ...
Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump's tax cuts
The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump's treasury ...
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Treasury sanctions Chinese hackers targeting Yellen
The Treasury Department imposes sanctions on Chinese hackers accused of targeting Secretary Yellen in coordinated ...
Bessent Takes the Helm on US Debt Sales After Blasting Yellen
After repeatedly blasting Janet Yellen last year over her department’s strategy for issuing federal debt, it’s now up to ...
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Senate Confirms Scott Bessent As Trump's Treasury Secretary
On Monday evening, the Senate confirmed Wall Street veteran Scott Bessent as the Treasury Secretary. He replaces Janet ...