treasury secretary fed

Fed, Trump and Treasury

Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got nothing to do with the Federal Reserve.

Yahoo Finance on MSN · 1d

Trump Treasury secretary Scott Bessent relieves some pressure on the Fed

Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, but what he and the president do want is to bring down longer-term borrowing costs via 10-year Treasury yields (^TNX).

Markets Insider on MSN · 1d

Trump is focused on lowering bond yields, not fighting the Fed, Treasury chief says

The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott Bessent told said. Instead, the focus of the White House is on lowering Treasury yields as a way to ease borrowing costs.

Treasury installs ally of Musk’s DOGE

The New York Times · 2h

Treasury Installs Musk Ally to Oversee Its Payment System

Tom Krause, a software executive, is the Treasury Department’s fiscal assistant secretary with access to a system that disburses government funds and includes Americans’ personal information.

The Washington Post on MSN · 6h

Treasury installs ally of Musk’s DOGE as head of payment system

The move follows the ousting of a career official who rebuffed attempts to use the payment system to stop federal spending.

ABC News on MSN · 3d

Treasury Dept. gives Elon Musk's team access to federal payment system: Sources

If Elon Musk or his DOGE team were to attempt to block federal payments, it would likely face legal challenges given the money is approved by Congress.

3hon MSN

Musk staffer takes top role at Treasury Department with control over federal payment system

Tom Krause, a former executive involved in Elon Musk's DOGE, is the new financial assistant secretary at the Treasury ...

Here is Bessent's best play to coax 10-year Treasury yields lower, BCA says

It's the budget. Treasury Secretary Scott Bessent said earlier this week that the Trump administration wants to focus on ...

Trump appoints treasury secretary, a former hedge fund executive, as acting head of consumer protection agency

In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed ...

21h

The US Treasury Claimed DOGE Technologist Didn’t Have ‘Write Access’ When He Actually Did

Sources tell WIRED that the ability of DOGE’s Marko Elez to alter code controlling trillions in federal spending was ...

17h

Trump officials made bogus claims about what Musk's DOGE team could do at Treasury, report says

WIRED reporter Vittoria Elliott joins MSNBC’s Ali Velshi to discuss her reporting exposing the young, inexperienced members of Elon Musk’s DOGE team who are wreaking havoc in several agencies and ...

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