Bessent Says Musk’s DOGE Isn’t Altering Treasury Systems
US Treasury Secretary Scott Bessent said he personally vetted the Treasury employees on Elon Musk’s government efficiency ...
Trump’s focus on 10-year Treasury yield to cut borrowing costs raises curiosity — and problems
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year ...
JD Supra1d
Acting CFPB Director Bessent tells CFPB staff to stop virtually all work
Contending that he wants to ensure that the CFPB is in line with Trump Administration policies, acting bureau Director Scott Bessent has ...
Warren blasts Treasury Secretary Bessent on Elon Musk weekend data grab
U.S. Sen. Elizabeth Warren demanded answers following reports that billionaire Elon Musk took access to the nation's finance ...
Wall Street Is Nervous About Scott Bessent’s Borrowing Plans
The prospect of increased borrowing by a second Trump administration has spooked bond investors in recent months. One major ...
Trump wants a lower 10-year yield. The market on Thursday isn't budging.
U.S. stocks were mixed on Thursday, near record highs, but another big focus was the 10-year Treasury yield. Treasury Secretary Scott Bessent said Wednesday that the Trump administration was focused ...
Trump's Aim to Lower The 10-Year Yield Could Bode Well for Bitcoin
U.S. Treasury Secretary Scott Bessent said Wednesday that the Trump administration aims to reduce borrowing costs in the economy by lowering the ...
Treasury Tells Congress That DOGE Had ‘Read Only’ Access to Payment Systems
A Treasury Department official has written a letter to federal lawmakers saying that a tech executive working with Elon ...