Trump administration pauses work of consumer watchdog and names Scott Bessent as acting head
In an email sent from acting director Scott Bessent, employees were told to pause all work related to issuing rules, ...
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Secretary Bessent’s Pocket
America’s store of gold seems to be burning a hole in the pocket of our new Treasury secretary, Scott Bessent. That’s the ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in Fed Chair Jerome Powell, breaking from ...
DOGE Data Block at Treasury Also Limits Bessent, DOJ Says
The Trump administration said that a judge’s order blocking Elon Musk’s government efficiency team from accessing Treasury ...
Trump Orders Scott Bessent To 'Rip The Waste Out,' Ends Penny Production After Elon Musk's DOGE Report
President Donald Trump announced on Monday he has directed Treasury Secretary Scott Bessent to cease penny production, following recent criticism of the coin's costly manufacturing process.
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Are The CFPB’s Days Numbered?
In a quick, one-week succession following U.S. Treasury Sec. Scott Bessent’s appointment as acting director of the Consumer ...
Bond Market Gains Fade as Trump, Inflation Keep Yields Elevated
To US Treasury Secretary Scott Bessent, the yield on 10-year government debt is the key gauge for President Donald Trump’s ...
Democrats call stop work order at CFPB ‘illegal’
Democrats are calling on Treasury Secretary Scott Bessent to cancel his stop work order for the Consumer Financial Protection ...