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Fed, Treasury and Trump
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 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).
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 Bessent told said. Instead, the focus of the White House is on lowering Treasury yields as a way to ease borrowing costs.
52m
on MSN
Treasury installs ally of Musk’s DOGE as head of payment system
The move follows the ousting of a career official who rebuffed attempts to use the payment system to stop federal spending.
3d
Trump appoints treasury secretary, a former hedge fund executive, as acting head of consumer protection agency
In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed ...
3d
on MSN
Treasury Dept. gives Elon Musk's team access to federal payment system: Sources
If Elon Musk or his DOGE team were to attempt to block federal payments, it would likely face legal challenges given the ...
2d
Treasury Defends Musk Team’s Access to Federal Payment System
The department said that no payments would be interrupted and that it was conducting a review of the integrity of the system.
16h
The US Treasury Claimed DOGE Technologist Didn’t Have ‘Write Access’ When He Actually Did
Sources tell WIRED that the ability of DOGE’s Marko Elez to alter code controlling trillions in federal spending was ...
12h
Trump officials made bogus claims about what Musk's DOGE team could do at Treasury, report says
WIRED reporter Vittoria Elliott joins MSNBC’s Ali Velshi to discuss her reporting exposing the young, inexperienced members ...
1d
Trump’s trade war adds to ‘clear decoupling’ on central bank rate cuts
The Bank of England is expected to follow Eurozone and Canadian counterparts by cutting while the Federal Reserve holds ...
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