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Fed, Treasury and Scott Bessent

CNN on MSN · 20h

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.

Hosted on MSN · 1d

Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates

The Trump administration is more focused on keeping Treasury yields low rather than on what the Fed does, Treasury Secretary Scott Bessent said. Bessent indicated that Trump will not be hectoring the Fed to cut,

Yahoo Finance on MSN · 1d

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).

DOGE, Treasury and Elon Musk

The Associated Press on MSN · 15m

Democrats Ask for an Investigation Into DOGE's Access to Treasury's Payment Systems

Democratic lawmakers are seeking a Treasury Department investigation of the access that Elon Musk’s team was given to the government’s payment system

The Washington Post on MSN · 2h

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.

Bloomberg on MSN · 22h

Bessent Says Musk’s DOGE Isn’t Altering Treasury Systems

US Treasury Secretary Scott Bessent said he personally vetted the Treasury employees on Elon Musk’s government efficiency team who have read-only access to federal payment data, and that there’s been no “tinkering” with the department’s payment systems.

56m

DOGE official at Treasury resigns after racist posts

The agreement maintained access for two DOGE officials, Tom Krause and Marko Elez, but Elez later resigned after The Wall ...

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 ...

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.

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 ...

23h

US Treasury temporarily agrees to limit DOGE access amid privacy lawsuit

The Treasury Department agreed not to give Elon Musk’s DOGE access to its payment systems during argument on a suit alleging ...

20h

DOGE was tasked with stopping Treasury payments to USAID, AP sources say

USAID, a federal agency charged with delivering humanitarian assistance overseas, has been a particular target of President ...

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