Browsing: Bessent
Watch out for interest rates.Not the short-term rates controlled by the Federal Reserve. Barring an unforeseen financial crisis, they’re not…
Fannie Mae and Freddie Mac, two giant mortgage finance firms, have been controlled by the federal government for nearly 17…
In the days after President Trump took office, as Elon Musk’s team began pressing for access to the Treasury Department’s…
The first weeks of President Trump’s second term have been dominated by a blizzard of executive orders aimed at reversing…
While he was campaigning last fall, President Trump bemoaned the lack of a U.S.-backed investment fund and promised to create…
There’s a new parlor game on Wall Street: guessing TikTok’s next owner.President Trump signed an executive order in January that…
Senator Elizabeth Warren of Massachusetts sent a letter on Monday to Treasury Secretary Scott Bessent demanding answers for why the…
President Trump’s move this weekend to slap sweeping tariffs on Canada, Mexico and China is threatening to fracture the global…
The Senate on Monday voted 68-to-29 to confirm Scott Bessent to be President Trump’s Treasury secretary, putting in place the…
President Trump said on Tuesday that he intended to impose a 10 percent tariff on Chinese imports into the United…