In a televisxed interview with Axios, Treasury Secretary Bessent defended his department’s record in the bond market and ...
Bessent's comments are in line with the White House's response to the chorus of AI leaders who last month called for an ...
Before Scott Bessent defended the U.S. Treasury, he made a fortune betting against governments. Learn the role Bessent played in “breaking the Bank of England” with George Soros.
The Treasury secretary said in an interview with Axios that he cannot control the Treasury market but argued that U.S. bond yields would come back down over time.
Bessent acknowledged that he cannot set bond-market prices, defending larger Treasury buybacks as a form of liquidity support. The remarks highlight the limits of intervention ...
President Donald Trump on Sep. 19 announced plans to announce a new "AI Czar," along with establishing an "AI force." Trump ...
On September 8, Treasury Secretary Scott Bessent stood before Southern Methodist University's business school and delivered one of the most confident statements of his tenure. Referring to the ...
Trumps recent run of, let’s call it, very enthusiastic AI boosterism might have left you with the impression that “AI Czar” ...
Treasury Secretary Scott Bessent offered a carefully calibrated show of support for Federal Reserve Chair Kevin Warsh ...
US Treasury Secretary Scott Bessent calls AI executives' doomsday warnings alarmist, urging the industry to self-regulate ...
The instrument that the government uses to fund its own activities is going haywire — and the treasury secretary is powerless ...
Tax policy, trade policy, energy policy, and deregulation,’ the secretary avers, are setting the table for an economic boom ...