Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...
Nathan Sheets of Citi discusses U.S. Treasury Secretary Bessent's calls for lower long-term bond yields, saying his 3-3-3 ...
John Authers is a senior editor for markets and Bloomberg Opinion columnist. A former chief markets commentator at the ...
The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...
The staff at the Consumer Financial Protection Bureau was instructed by email to cease much of its work. Bessent, a wealthy ...
Days after his Senate confirmation, Treasury Secretary Scott Bessent has paid $12.5 million for a historic mansion in ...
But the agency has since been targeted by trade groups who unsuccessfully argued that the CFPB's funding violated the U.S.
In an email sent from acting director Scott Bessent, employees were told to pause all work related to issuing rules, ...
Treasury Secretary Scott Bessent has begun freezing work at the Consumer Financial Protection Bureau after its director was ...
The new Treasury secretary has criticized a borrowing strategy that helped calm markets.