Bessent calls for series of rate cuts US Treasury Secretary Scott Bessent has reiterated his call for a half-point interest rate reduction at the Federal Reserve’s next meeting in September,
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Treasury Secretary Scott Bessent said in an interview on NBC News’ “Meet the Press” that Moody’s Ratings were a “lagging indicator” after the group downgraded the U.S.’ credit rating by a notch from
The traditional gathering of former Treasury secretaries to welcome a newly minted one into the fold is usually a lighthearted and pleasant affair. But when the group convened this month,
Trump’s Treasury Pick Scott Bessent to Divest Bitcoin ETF Holdings to Eliminate Conflict of Interest
Billionaire hedge fund manager Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, plans to dispose of several assets, including investment in bitcoin (BTC) exchange-traded funds (ETF), to avoid potential
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