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.
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from ...
President Donald Trump has tasked Treasury Secretary Scott Bessent with serving as the acting director of the Consumer ...
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and ...
The gap of long-term yields above rates on Treasuries with shorter maturities narrowed after the refunding announcement.
The lawsuit accused Scott Bessent, the Treasury secretary, of giving Elon Musk's Department of Government Efficiency access ...
Treasury Secretary Scott Bessent, who was named to be acting director of the Consumer Financial Protection Bureau, has told the agency's staff to put a halt to all rules and enforcement actions.
Donald Trump and Elon Musk could use sensitive Treasury information to punish their enemies — or they could break America’s payment system entirely.
Attorneys for the Justice Department have agreed to temporarily restrict staffers associated with Elon Musk’s Department of ...
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