Fed, Treasury and Scott Bessent

Treasury Secretary Bessent says tariffs aimed at bringing manufacturing back to US
U.S. President Donald Trump's tariff plans are largely aimed at bringing manufacturing back to the United States, Treasury Secretary Scott Bessent told Fox Business on Wednesday, singling out medical supplies and shipbuilding as targeted sectors.
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.
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, but what he and the president do want is to bring down longer-term borrowing costs via 10-year Treasury yields.
US Treasury Secretary Bessent: Tariffs are inflationary and would strengthen the Dollar
In a letter to Key Square Capital Management partners sent a year ago, US Treasury Secretary Scott Bessent said that “tariffs are inflationary and would strengthen the dollar—hardly a good starting point for a US industrial renaissance.”
Senate confirms Scott Bessent as Trump's Treasury secretary
Bessent, 62, is a longtime hedge fund manager, Trump donor and adviser. He'll be the point person for Trump on a host of key economic issues.
Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates
The Trump administration is more focused on keeping Treasury yields low rather than on what the Fed does, Treasury Secretary Scott Bessent said. Bessent indicated that Trump will not be hectoring the Fed to cut,
Bessent Says He, Trump Focus on 10-Year Yields, Not Pushing Fed
Treasury Secretary Scott Bessent said the Trump administration’s focus with regard to bringing down borrowing costs is 10-year Treasury yields, rather than the Federal Reserve’s benchmark short-term interest rate.
Treasury Secretary Says Trump Is Not 'Calling For The Fed To Lower Rates'
Treasury Secretary Scott Bessent, shown at a confirmation hearing, said President Donald Trump is "not calling for the Fed to lower interest rates." AFP President Donald Trump is focused on 10-year Treasury yields to bring down borrowing costs rather than the Federal Reserve actions on short-term interest rates,
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Scott Bessent: Tariffs are a 'means to an end'
U.S. Treasury Secretary Scott Bessent unpacks the power tariffs have in world negotiations on 'Kudlow.' Schools that fail to ...
Bessent Calms Markets by Leaving US Dollar, Debt Plans Intact
US Treasury Secretary Scott Bessent said he favors a strong dollar and has no plans to alter the government’s debt-issuance ...
'Tariffs Are A Means To An End': Bessent Defends Trade Strategy, Pushes Growth Plan
In an interview with Fox Business, Treasury Secretary Scott Bessent discusses Trump's priorities: fiscal discipline, economic growth, and tariff strategy.
Bessent Projects Normalcy While ‘Completely Aligned’ With Musk
In just two weeks as Treasury chief, Scott Bessent has seen plenty of turbulence. The department became a target of Elon Musk’s crackdown on federal spending — triggering protests outside Bessent’s ...
Scott Bessent pushes gradual 2.5% universal US tariffs plan
Donald Trump’s Treasury secretary Scott Bessent is pushing for new universal tariffs on US imports to start at 2.5 per cent ...
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 ...
Trump, Mexican president agree to delay tariffs for one month
President Trump and Mexican President Claudia Sheinbaum said they have agreed to delay tariffs by at least one month, ...
With stiff tariffs he promised now in place, Trump opens a new trade war
On Friday afternoon, around the same time a delegation of senior Canadian officials was preparing to meet with President ...