Browsing: Bessent

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Secretary Scott Bessent voiced support for raising the asset threshold for banks, noting that current levels may be outdated due to inflation.Expert quote:…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

Major US trading partners hurried over the weekend to secure trade deals or lobby for extra time, while Treasury Secretary Scott Bessent indicated that some countries…

House GOP members on Thursday announced they would remove a retaliatory tax measure from their sweeping domestic policy package for now. The change follows a request by…

The U.S. and Chinese flags are seen on the day of a bilateral meeting between the U.S. and China, in Geneva, Switzerland, May 10, 2025. Keystone/eda/martial…