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EconomyBessent Becomes Most Interventionist Treasury Chief in Decades

A series of unexpected moves this year has made Scott Bessent the most interventionist US Treasury secretary in financial markets in decades. He is risking his credibility as he tries to contain a potentially damaging increase in US borrowing costs.

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BBloomberg News★★★★☆2026-08-19 22:30Original

Bessent Becomes Most Interventionist Treasury Chief in Decades
Bessent Becomes Most Interventionist Treasury Chief in DecadesEconomy