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Scott Bessent

Scott Bessent

United States Secretary of the Treasury

259 related reports

Profile details

United States Secretary of the Treasury (2025–)

Born1962-08-21 · Conway, South Carolina
PartyRepublican
Offices
  • United States Secretary of the Treasury2025-01-28–presentPreceded by: Janet Yellen
  • Acting Commissioner of Internal Revenue2025-08-08–2026-03-06Preceded by: Billy Long
  • Acting Director of the Consumer Financial Protection Bureau2025-02-03–2025-02-07Preceded by: Zixta Martinez · Succeeded by: Russell Vought
EducationYale University (BA)

Wikipedia

Portrait: United States Department of the Treasury · Public domain · Wikimedia Commons

Statements

What this person said on the record, as reported, newest first.

  • Scott Bessent
    Bessent urges Fed to keep an ‘open mind’ on US inflation outlook

    Treasury Secretary Scott Bessent said Federal Reserve policymakers should remain open-minded about interest rates, arguing that productivity gains from artificial intelligence and deregulation will help keep US inflation under control.

    Inflation

    BBloomberg News 2026-09-27 21:05

  • Scott Bessent
    Bessent calls Treasury bond buybacks a success

    U.S. Treasury Secretary Scott Bessent told a House Financial Services Committee hearing that recent Treasury buybacks were successful and reinforced U.S. credibility, even as the 10-year yield recently climbed above 5%.

    Treasuries and markets

    RReuters 2026-09-15 19:49

  • Scott Bessent
    Rep. Waters Presses Bessent on Inflation, Iran and Tariffs

    US Representative Maxine Waters sharply criticizes Treasury Secretary Scott Bessent during testimony before a House Finance panel, blaming the administration’s tariffs, trade disputes and Iran policy for higher prices and rising borrowing costs.

    Inflation

    BBloomberg Television 2026-09-15 15:26

  • Scott Bessent
    Bessent touts bond market as 10-year Treasury yield spikes

    Treasury Secretary Scott Bessent brushed aside short-term bond movements as the 10-year Treasury yield surged, while praising the U.S. market. He said that what happens over a month does not matter.

    Treasuries and markets

    CCNBC 2026-09-01 17:20

  • Scott Bessent
    Japanese borrowing costs hit 30-year high as Bessent says Tokyo may intervene to boost yen

    Japanese borrowing costs reached a 30-year high as the yen weakened to 160 per dollar on Tuesday and bond yields came under pressure. Traders were watching for a possible Japanese rate hike and potential intervention by Tokyo to support the yen, as mentioned by Bessent.

    Treasuries and markets

    CCNBC 2026-09-01 07:31

  • Scott Bessent
    Bessent pushes back on fears over US debt market strains

    U.S. Treasury Secretary Scott Bessent dismissed concerns about turbulence in the government bond market, saying fears over rising debt and yields fail to account for the strength of the U.S. economy and its fiscal outlook.

    Treasuries and markets

    RReuters 2026-08-31 09:45

  • Scott Bessent
    Bessent and Warsh diverge over who should set the price of money

    Treasury Secretary Scott Bessent and Federal Reserve Chair Kevin Warsh appear divided over a central question in U.S. financial policy: how hands-off policymakers should be when determining the price of money.

    Rate decisions

    RReuters 2026-08-27 06:01

  • Scott Bessent
    Bessent says US Treasury will stick to debt auction schedule despite larger buybacks

    Treasury Secretary Scott Bessent said Monday that the U.S. Treasury will maintain its regular debt auction schedule, including for long-dated bonds, even as it increases buyback sizes for 10- to 30-year securities.

    Treasuries and markets

    RReuters 2026-08-24 20:02

  • Scott Bessent
    Why Bessent Wants a Bigger Fed Backstop to Support the Yen

    The yen’s weakness has prompted one of the most dramatic currency-market interventions in decades. Japan and the United States began a joint effort in late July to bolster the currency. US Treasury Secretary Scott Bessent then surprised financial markets by calling for the Federal Reserve to enlarge an obscure lending program. He said the expanded support would aid Tokyo’s efforts to defend the yen.

    Market reactionOther

    BBloomberg News 2026-08-06 03:00

Related reports

Reports that mention this person, by story.

EconomyBessent bond plan details to be revealed as Treasury secretary tells FX traders ‘the house now’

Treasury Secretary Scott Bessent warned foreign-exchange traders that “the house” is now him. The department is expected around 11 a.m. to disclose the size of a bond buyback operation announced Aug. 19.

Scott BessentUS Treasurybond buybackforeign exchange

CCNBCOriginal★★☆☆☆2026-09-09 13:08

Bessent bond plan details to be revealed as Treasury secretary tells FX traders ‘the house now’
Bessent bond plan details to be revealed as Treasury secretary tells FX traders ‘the house now’

EconomyBessent touts bond market as 10-year Treasury yield spikes

Treasury Secretary Scott Bessent brushed aside short-term bond movements as the 10-year Treasury yield surged, while praising the U.S. market. He said that what happens over a month does not matter.

U.S. Treasuriesbond marketScott Bessent

CCNBCOriginal★★★☆☆2026-09-01 17:20

Bessent touts bond market as 10-year Treasury yield spikes
Bessent touts bond market as 10-year Treasury yield spikes

EconomyJapanese borrowing costs hit 30-year high as Bessent says Tokyo may intervene to boost yen

Japanese borrowing costs reached a 30-year high as the yen weakened to 160 per dollar on Tuesday and bond yields came under pressure. Traders were watching for a possible Japanese rate hike and potential intervention by Tokyo to support the yen, as mentioned by Bessent.

Japanyenbond yields

CCNBCOriginal★★★☆☆2026-09-01 07:31

Japanese borrowing costs hit 30-year high as Bessent says Tokyo may intervene to boost yen
Japanese borrowing costs hit 30-year high as Bessent says Tokyo may intervene to boost yen

EconomyBessent pushes back on Druckenmiller critique of bond intervention

At a G20 finance meeting, Bessent told CNBC that he spoke with Stanley Druckenmiller after Druckenmiller published a critical op-ed. Bessent said the conversation went “fine.”

U.S. Treasurybond marketsG20

CCNBCOriginal★★★☆☆2026-08-31 17:25

Bessent pushes back on Druckenmiller critique of bond intervention
Bessent pushes back on Druckenmiller critique of bond intervention

EconomyBessent Talks With Druckenmiller, Touts Treasury Outperformance

Treasury Secretary Scott Bessent said he spoke with Stanley Druckenmiller after his former mentor criticized his recent intervention in the bond market. Bessent also said Treasuries may have outperformed because of that same action.

US Treasuriesbond marketUS Treasury

BBloomberg NewsOriginal★★☆☆☆2026-08-31 17:00

Bessent Talks With Druckenmiller, Touts Treasury Outperformance
Bessent Talks With Druckenmiller, Touts Treasury Outperformance

EconomyBessent pushes back on fears over US debt market strains

U.S. Treasury Secretary Scott Bessent dismissed concerns about turbulence in the government bond market, saying fears over rising debt and yields fail to account for the strength of the U.S. economy and its fiscal outlook.

US debtbond marketScott Bessent

RReutersOriginal★★★☆☆2026-08-31 09:45

Bessent pushes back on fears over US debt market strains
Bessent pushes back on fears over US debt market strains

EconomyWill Bessent’s bond market intervention make U.S. inflation worse?

U.S. Treasury Secretary Scott Bessent’s recent intervention in the bond market has alarmed many investors and analysts. Avneet Dhillon examines concerns that Bessent’s effort to calm markets and lower borrowing costs could instead worsen inflation.

U.S. Treasurybond marketinflation

CCBC NewsOriginal★★★☆☆2026-08-28 21:28

Will Bessent’s bond market intervention make U.S. inflation worse?
Will Bessent’s bond market intervention make U.S. inflation worse?

EconomyBessent and Warsh diverge over who should set the price of money

Treasury Secretary Scott Bessent and Federal Reserve Chair Kevin Warsh appear divided over a central question in U.S. financial policy: how hands-off policymakers should be when determining the price of money.

U.S. financial policyFederal Reserveinterest rates

RReutersOriginal★★★☆☆2026-08-27 06:01

Bessent and Warsh diverge over who should set the price of money
Bessent and Warsh diverge over who should set the price of money

EconomyBessent’s bond push clashes with Warsh’s inflation fight

Fed reporter Ann Saphir says Treasury Secretary Scott Bessent’s drive to lower bond yields is clouding Fed Chair Kevin Warsh’s inflation message. Warsh is due to address global central bankers at Jackson Hole.

U.S. TreasuryFederal Reservebond yieldsinflation

RReutersOriginal★★★☆☆2026-08-26 23:21

Bessent’s bond push clashes with Warsh’s inflation fight
Bessent’s bond push clashes with Warsh’s inflation fight
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