News

Treasury Secretary Scott Bessent pushes back on claims he’s pressuring the Fed to slash rates

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...

Treasury Secretary Scott Bessent Not In Compliance With Ethics Agreement

In a statement issued by the Treasury Department, Bessent said he had completed all but 4% of the asset divestitures required ...

Bessent outlines Trump administration plans for tariffs, housing crisis and Fed chairman selection

U.S. Treasury Secretary Scott Bessent, in a wide-ranging interview on 'Mornings with Maria,' weighs in on President Donald ...

Bessent outlines the qualities he's looking for as he vets Trump's Fed shortlist

Treasury Secretary Scott Bessent shares what characteristics he is looking for as he interviews candidates to succeed ...

U.S. Isn’t Buying More Crypto, Bessent Says

Treasury Secretary Scott Bessent said the U.S. doesn’t plan to acquire more crypto assets for its bitcoin reserve. “We’ve ...

PPI report casts doubt on Bessent’s call for 50-basis-point Fed cut in September: ING

The producer-price index report released Thursday challenged Treasury Secretary Scott Bessent’s push for a 50-basis-point ...

Bessent Has Yet to Fully Divest Assets, Raising Concern at Ethics Agency

The Treasury secretary has been slow to shed assets, including farmland, posing potential conflicts of interest.

Bessent Says Interest Rates Should Fall by at Least 1.5 Percentage Points Over Time

Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...

Bessent: 'I didn't tell the Fed what to do.'

Treasury Secretary Scott Bessent on Thursday said his words a day before about rate cuts were just a suggestion for the ...

Bessent says BOJ is 'behind the curve' on inflation, likely to hike rates, in Bloomberg interview

The Bank of Japan will likely be raising interest rates as it is behind the curve in dealing with the risk of inflation, U.S.

Bessent’s Rebuke to BOJ’s Cautious Approach Sends Yen Higher

US Treasury Secretary Scott Bessent criticized the Bank of Japan’s cautious approach to raising interest rates, saying it was ...