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 ...
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 ...
The fate of the Trump tax cuts may hang in the balance — but it is crucial for Congressional Republicans to extend them. It's ...
The Trump administration's Justice Department has disbanded a Biden-era program aimed at seizing the assets of Russian oligarchs as a means to punish Russia for its invasion of Ukraine.
Tulsi Gabbard’s bid for national director of intelligence has gained a key supporter, in the form of “serial disappointer” ...
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Investors still struggling to process the implications of a new administration in Washington, D.C., seem soothed by the ...
A modest selloff in U.S. government debt sent 10- and 30-year yields up for the first time in four sessions on Thursday, after weekly jobless claims came in slightly higher than expected. -- The yield ...
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from ...
The order was in response to a lawsuit filed by a coalition of labor unions against Treasury Secretary Scott Bessent, ...
Treasury Secretary Scott Bessent said that any release of the two giant government-sponsored enterprises, Fannie Mae and Freddie Mac, from their current conservatorship would depend on the ...
Sen. Warren is urging the acting CFPB director to "unfreeze" the agency, appealing to potentially common ground with ...