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Treasury Secretary Bessent, tapped to run CFPB, orders staff to halt work
The staff at the Consumer Financial Protection Bureau was instructed by email to cease much of its work. Bessent, a wealthy ...
Warren blasts Treasury Secretary Bessent on Elon Musk weekend data grab
U.S. Sen. Elizabeth Warren demanded answers following reports that billionaire Elon Musk took access to the nation's finance ...
Bessent Says Musk’s DOGE Isn’t Altering Treasury Systems
US Treasury Secretary Scott Bessent said he personally vetted the Treasury employees on Elon Musk’s government efficiency ...
Trump Treasury head defends Elon Musk's DOGE despite 'squawking' from critics
U.S. Treasury Secretary Scott Bessent comments on Elon Musk's influence over the department and breaks down key aims of President Donald Trump's economic agenda on "Kudlow." ...
Trump wants a lower 10-year yield. The market on Thursday isn't budging.
U.S. stocks were mixed on Thursday, near record highs, but another big focus was the 10-year Treasury yield. Treasury Secretary Scott Bessent said Wednesday that the Trump administration was focused ...
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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 ...
Trump's Aim to Lower The 10-Year Yield Could Bode Well for Bitcoin
U.S. Treasury Secretary Scott Bessent said Wednesday that the Trump administration aims to reduce borrowing costs in the economy by lowering the ...
Trump’s focus on 10-year Treasury yield to cut borrowing costs raises curiosity — and problems
The Trump administration said it intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. The news was greeted by some market participants, while also raising ...