Browsing: Bessent

The Consumer Financial Protection Bureau (CFPB) has a new acting director, none other than Treasury Secretary Scott Bessent.The news was announced today after the firing of…

Treasury Secretary Scott BessentBloomberg News  Treasury Secretary Scott Bessent, who was named acting director of the Consumer Financial Protection Bureau, has directed the agency’s staff to…

WASHINGTON — Bank groups in all 50 states, plus Puerto Rico, asked Treasury Secretary Scott Bessent to choose Federal Reserve Gov. Michelle Bowman as the central…

Stefani Reynolds/Bloomberg UPDATE: This article includes the result of the Senate vote.The Senate has voted to confirm Scott Bessent, billionaire hedge fund manager, as Treasury Secretary.…

As I’ve said before when talking about mortgage, what a difference a week makes. Or even a couple days.If you’re new to mortgage rates, know that…

Scott Bessent, President-elect Donald Trump’s pick to serve as Treasury secretary, is planning to meet with several Republican senators on Wednesday as he continues to build…

The banking industry has largely applauded President Trump’s nomination of Scott Bessent — a hedge fund veteran and former George Soros associate — to lead the…

As I’ve been saying for a while now, all of the potential bad news (for mortgage rates) has been largely baked in over the past couple…

President-elect Donald Trump announced two cabinet nominations Friday evening that will shape his administration’s financial policies. Trump tapped Scott Bessent, a billionaire donor and founder of the…