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Even if demand for the tokens surges, it won’t magically produce dollars to buy more Treasuries.
Former Treasury Secretary Lawrence Summers criticized the current U.S. Treasury Secretary Scott Bessent for weighing too ...
Bessent told a White House Cabinet meeting that his prior estimate of a $300 billion annual tariff collection rate was too ...
During a cabinet meeting today at the White House, Treasury Secretary Scott Bessent willingly humiliated himself before ...
Treasury Secretary Scott Bessent defended President Trump's latest maneuvers against the Federal Reserve, one day after Trump announced he is moving to fire Fed governor Lisa Cook. "The Federal ...
The U.S. Treasury Secretary said on Tuesday that the government is on track for record tariff revenues, with September ...
It should come as no surprise that Treasury Secretary Scott Bessent declined to be the next Federal Reserve chairman. Spend ...
The stablecoin market is worth about $250bn, according to research from the Federal Reserve Bank of Kansas City — tiny ...
Treasury Secretary Scott Bessent said interviews for 11 Federal Reserve chair candidates will start around Labor Day as the ...
U.S. Treasury Secretary Scott Bessent said on Wednesday he was working to divest illiquid personal assets including farmland ...
IRS acting commissioner Scott Bessent spent 45 minutes in the building to reassure the troops that he is hands-on and taking ...
Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...