Fed, Powell and Bessent
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Treasury Secretary Scott Bessent is not happy with the Justice Department's criminal investigation into Federal Reserve Chairman Jerome Powell, multiple sources told ABC News, warning it creates an unnecessary distraction.
Treasury Secretary Scott Bessent verbally smacked Minnesota Gov. Tim Walz (D) for pulling his police protection when he visited the state
President Donald Trump is facing blowback from inside his administration over the Justice Department’s investigation into Federal Reserve Chair Jerome Powell. Treasury Secretary Scott Bessent confronted Trump in a tense call late on Sunday,
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Bessent blames Walz as Treasury probes whether Minnesota fraud funds reached terror group al-Shabab
Treasury Secretary Scott Bessent said Minnesota tax dollars could have potentially been diverted to terrorist organization al-Shabab through alleged fraud schemes.
Treasury Secretary Scott Bessent said President Donald Trump’s proposal to keep large firms from buying up single-family homes in the US would be forward-looking and not result in a forced sale of current holdings.
The U.S. Treasury has more than adequate funds to pay any tariff refunds ordered if the Supreme Court rules against President Donald Trump's emergency tariffs, but any repayments would be spread out over weeks or even a year,
Overregulation and the second-highest corporate tax rate in the country “have hurt job creators” and led to the state’s net outbound migration, Bessent said.
Treasury Secretary Scott Bessent says his agency is taking a closer look at financial transactions between Minnesotan residents and businesses and Somalia.
U.S. Treasury Secretary Scott Bessent on Friday said the goal of the Trump administration's launch of mortgage-backed securities purchases is to roughly match the rate at which those bonds are rolling off the Federal Reserve's balance sheet.