United States Secretary of the Treasury
United States Secretary of the Treasury (2025–)
| Born | 1962-08-21 · Conway, South Carolina |
|---|---|
| Party | Republican |
| Offices |
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| Education | Yale University (BA) |
Portrait: United States Department of the Treasury · Public domain · Wikimedia Commons
What this person said on the record, as reported, newest first.
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.
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Bloomberg News
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%.
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Reuters
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.
BBloomberg Television
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.
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CNBC
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.
CCNBC
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.
RReuters
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.
RReuters
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.
RReuters
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.
BBloomberg News
Reports that mention this person, by story.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore examine the day’s main themes for analysts and investors on Bloomberg: The Opening Trade, including long-term bonds, the US deficit and Nvidia.
BBloomberg TelevisionOriginal★★☆☆☆2026-08-26 07:43
Scott Bessent’s increased purchases of US debt threaten to undermine Federal Reserve chief Kevin Warsh’s efforts to tame inflation, putting the Treasury on a potential collision course with the central bank.
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Financial TimesOriginal★★★★☆2026-08-26 04:00
Treasury Secretary Scott Bessent’s surprise proposal to expand bond buybacks in an effort to lower U.S. borrowing costs has sparked debate over how effective it will ultimately be. But key market indicators and positioning suggest the plan is already having an impact.
BBloomberg NewsOriginal★★★☆☆2026-08-26 01:30
Treasury Secretary Scott Bessent’s mentor Stanley Druckenmiller calls the Treasury’s bond-buying plan a mistake. Bloomberg News Economy Editorial Director Erik Schatzker explains Druckenmiller’s criticism and the potential implications of Bessent’s moves, followed by an interview with Northrop Grumman CEO Kathy Warden about defense and its ties to the U.S. government.
BBloomberg TelevisionOriginal★★★☆☆2026-08-25 21:11
US stocks rebound ahead of Nvidia’s earnings, while software shares face a test. Stan Druckenmiller calls the Treasury’s bond purchases a mistake, and Scott Bessent’s Iran strategy risks putting Washington on a collision course with Beijing.
BBloomberg TelevisionOriginal★★☆☆☆2026-08-25 17:24
Billionaire investor Stanley Druckenmiller, who mentored US Treasury Secretary Scott Bessent early in his hedge-fund trading career, suggested that his former pupil is erring by entering the bond market. Bessent recently pledged to expand Treasury purchases of long-dated bonds, widely viewed as an effort to reduce yields in the world’s most important debt market.
BBloomberg TelevisionOriginal★★★☆☆2026-08-25 17:17
Bond-market interventions have produced only a modest drop in yields while drawing increasing ridicule. Stanley Druckenmiller is leading skeptics who believe Treasury Secretary Scott Bessent’s bond maneuvers will ultimately fail.
CCNBCOriginal★★☆☆☆2026-08-25 17:15
Concern about the scale and cost of U.S. government spending has revived the debasement trade, bringing renewed attention to crypto and gold.
CCNBCOriginal★★☆☆☆2026-08-25 15:16
Treasury Secretary Scott Bessent offered no further indication Monday that the US could revamp its debt management, after a report said the department might use part of its cash holdings to fund buybacks of older, higher-yielding securities.
BBloomberg NewsOriginal★★★☆☆2026-08-25 01:30
Treasury Secretary Scott Bessent’s promised deficit-reduction plan, expected in the coming days, is set to confront a stark obstacle: there is no indication that the Republican-controlled Congress will deliver any net budget cuts this year.
BBloomberg NewsOriginal★★★☆☆2026-08-25 01:00
