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Treasury, Fed and Scott Bessent

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 nothing to do with the Federal Reserve.

Business Insider on MSN · 1d

'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 government audits he'd seen.

Reuters on MSN · 2d

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.

Judge blocks Elon Musk’s access to Treasury data

The New York Times · 5d

Warren Questions Bessent Over Musk Access to Treasury Payment System

In a letter to the Treasury secretary, the Democratic senator warned against meddling with a system that processes trillions of dollars of transactions.

The Financial Times · 11h

Federal judge blocks Elon Musk’s access to US Treasury data

Your guide to what the 2024 US election means for Washington and the world A federal judge in New York has temporarily blocked Elon Musk and his team from accessing the US Treasury department’s payments data,

Bloomberg on MSN · 19h

Democrat States Sue Trump Over Musk Access to Treasury Data

A judge blocked Elon Musk’s newly established efficiency team access to some Treasury Department information, according to the Associated Press, after a group of 19 mostly Democrat-led states sued President Donald Trump and Treasury Secretary Scott Bessent for allowing it.

BizPac Review1d

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. […] ...

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 ...

Stars and Stripes3d

Bessent’s Treasury sticks with Yellen-era long-term debt plan

The U.S. Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...

US Treasury's payment system 'not being touched' by Musk's DOGE, Bessent says

The U.S. Treasury's payment system won't be touched by Elon Musk's government efficiency team, Treasury Secretary Scott ...

2don MSN

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 ...

Hosted on MSN3d

House Democrats crash Mike Johnson's meeting with Treasury Secretary Bessent

A pair of House Democrats showed up uninvited to House Speaker Mike Johnson's (R-La.) office Wednesday to elbow into his ...

US bond market lukewarm on Bessent's 10-year yield pledge

U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some skepticism in the bond ...

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