# Bessent Becomes Most Interventionist Treasury Chief in Decades

https://mins.news/en/item/26707

- Bloomberg News, 2026-08-19 22:30 UTC
- Economy
- Original: https://www.bloomberg.com/news/articles/2026-08-19/bessent-becomes-most-interventionist-treasury-chief-in-decades?link_source=ta_bluesky_link&taid=6a862e71f7c24d00010f955b

> 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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