Browsing: Bessent

Treasury Secretary Scott Bessent speaking to CNBC on March 13th, 2025. CNBCTreasury Secretary Scott Bessent said Sunday the Trump administration is focused on preventing a financial crisis that…

There’s been a lot of optimism about mortgage rates under Trump.After all, rates have fallen for the past six weeks from around 7.25% to 6.75%, which…

Treasury Secretary Scott Bessent said he expects the U.S. housing market to pick up steam after recent indicators came in below forecasts, and he sees potential…

If you’re hoping for a quick release of Fannie Mae and Freddie Mac, you might want to exercise some patience.While the odds of the pair exiting…

Federal employees have accused Elon Musk of violating the privacy of people who have paid federal income tax or received a tax refund.The lawsuit, which names…

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…