Browsing: Bessent

Key insight: Treasury Secretary Scott Bessent said the Supreme Court limited the administration’s tariff authority under the International Emergency Economic Powers Act, but that other laws…

Hispanolistic | E+ | Getty ImagesThe average tax refund is 22% higher so far this season, Treasury Secretary and acting IRS Commissioner Scott Bessent told CNBC’s…

Key insight: Treasury Secretary Scott Bessent said that the smallest banks should be deregulated, but didn’t endorse any specific policies to do so. Forward look: Chairman French…

Key insight: Treasury Secretary Scott Bessent avoided confronting the rate cap directly, but argued banks already are benefitting from deregulation elsewhere.Supporting data: Bessent argued that banks…

After months of speculation and political intrigue, President Donald Trump is close to nominating the next chair of the Federal Reserve, Treasury Secretary Scott Bessent said…

A government-sponsored enterprise stock offering appears to still be in the works with care being taken not to adversely influence mortgage-backed securities trading as momentum builds…

Key Insight: Treasury Secretary Scott Bessent voiced support for raising the asset threshold for banks, noting that current levels may be outdated due to inflation.Expert quote:…

I recently came across some apparent quotes from Treasury Secretary Scott Bessent regarding mortgage rates.One social media post on X claimed he said we were going…

Treasury Secretary Scott Bessent said Tuesday he will begin interviewing candidates for Federal Reserve chair as soon as the White House whittles down what has suddenly…

If you’re hoping for lower mortgage rates, you might be thrilled to hear what Treasury Secretary Scott Bessent has to say.During a television interview today, he…