The Treasury Secretary Says Trump Wants Long-Term Interest Rates to Fall—It May Take a While
Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.
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Trump wants lower yields on 10-year bonds. Can he make that happen?
It makes sense that the president would want 10-year yields to come down. Plenty of people would love that. “A lot of consumers feel what happens in 10-year rates,” said Brian Rehling, head of global ...
Trump administration agrees to restrict DOGE access to Treasury Department payment systems
The agreement came in response to a lawsuit accusing Treasury of committing an "unlawful action" by giving private info to ...
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 ...
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 expressed confidence in the central bank Chair Jerome Powell, ...
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Judge blocks DOGE access to sensitive Treasury Department payment system records
The order comes after the Justice Department on Wednesday agreed in a proposed court order to limit access to the sensitive ...
US sanctions network that helps ship Iranian oil to China
The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating ...
Trump is focused on lowering bond yields, not fighting the Fed, Treasury chief says
The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott ...
Trump Treasury secretary Scott Bessent relives 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, ...
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‘Dangerous’: Democrats Barge Into Speaker Johnson’s Office
Judy Chu (D-Calif.) and Gwen Moore (D-Wisc.) unexpectedly stormed into House Speaker Mike Johnson’s office on Wednesday, ...
At the Supreme Court, at the White House and at his house, Clarence Thomas is the go-to justice to swear in Trump’s Cabinet
Supreme Court Justice Clarence Thomas has spent recent days alongside several Trump administration Cabinet officials – making ...
Sen. Brian Schatz Warns Against “Creeping Fascism” as He Leads Filibuster Against OMB Nominee Vought
Democratic Congressmembers Judy Chu and Gwen Moore confronted House Speaker Mike Johnson Wednesday, showing up at his office ...