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Trump Appoints Treasury Secretary Scott Bessent

CNN on MSN · 1d

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.

The National Law Review · 5h

Treasury Secretary Scott Bessent Appointed as Acting CFPB Director

On January 31, 2025, the CFPB announced President Donald Trump had appointed Scott Bessent as Acting Director of the CFPB. In a brief statement, Bessent expressed his commitment to advancing the administration’s agenda to lower costs for Americans and accelerate economic growth.

Yahoo Finance on MSN · 1d

Trump Treasury secretary Scott Bessent relieves some pressure on the Fed

Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, but what he and the president do want is to bring down longer-term borrowing costs via 10-year Treasury yields (^TNX).

Musk, Scott Bessent

Hosted on MSN · 10h

Bessent Says Musk’s DOGE Isn’t Altering Treasury Data

US Treasury Secretary Scott Bessent said he personally vetted a senior Treasury employee on Elon Musk’s government efficiency team who has read-only access to federal payment data, and that there’s been no “tinkering” with the department’s payment systems.

BizPac Review · 15h

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. […]

The Financial Times · 1d

Elon Musk barred from accessing US Treasury payments data

Elon Musk’s crusade to slash US government spending suffered setbacks on Thursday after a federal judge barred the Treasury department from handing data from its payments system to outsiders and one of the billionaire’s staffers was forced to resign over racist social media posts.

3h

US Treasury appoints Hood as acting comptroller of the currency

The U.S. Treasury Department has appointed Rodney Hood to serve as the acting comptroller of the currency from February 10, ...

15hon MSN

'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 ...

1don MSN

Economist: There is 'no button' Scott Bessent can push to lower long-term rates in a meaningful way

Nathan Sheets of Citi discusses U.S. Treasury Secretary Bessent's calls for lower long-term bond yields, saying his 3-3-3 ...

1d

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 ...

2paragraphs on MSN12h

"We Don't Even Run The System" Treasury Secretary Reveals, As DOGE "Tinkering" Reports Shake Confidence

U.S. Treasury Secretary Scott Bessent was interviewed Thursday by Bloomberg Radio’s Saleha Mohsin in the historic Cash Room ...

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