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 ...
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 ...
Treasury elevates Musk ally to lead government payment system
The elevation of Tom Krause to a more powerful role at Treasury will likely inflame an ongoing backlash over DOGE.
Treasury installs ally of Musk’s DOGE as head of payment system
The move follows the ousting of a career official who rebuffed attempts to use the payment system to stop federal spending.
'Elon and I are completely aligned on cutting waste,' says Treasury Secretary Bessent
Treasury Secretary Scott Bessent told Bloomberg that major savings could be made and DOGE was one of the most important ...
The Treasury Secretary Says Trump Wants Long-Term Interest Rates to Fall—It May Take a While
Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.
DOGE official at Treasury resigns after racist posts
The agreement maintained access for two DOGE officials, Tom Krause and Marko Elez, but Elez later resigned after The Wall ...
Democrats Ask for an Investigation Into DOGE's Access to Treasury's Payment Systems
Democratic lawmakers are seeking a Treasury Department investigation of the access that Elon Musk’s team was given to the ...
Fed judge limits DOGE access to Treasury Department payment records as member of Musk’s team quits over offensive posts
The ruling was made before one of the two DOGE members working at Treasury resigned after racist X posts were linked to him.
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...
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Bessent sets record straight, says DOGE members are Treasury employees
U.S. Treasury Secretary Scott Bessent cleared up all the “misinformation” about the access the Department of Government Efficiency (DOGE) “team” has reportedly had in the federal government. […] ...