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%.
R
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.
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.
RReutersOriginal★★★☆☆2026-08-24 20:02
Wall Street is gaming out Scott Bessent’s next move ahead of Jackson Hole as Treasuries extend their rally. Nvidia’s earnings take center stage later this week amid concerns about rising costs. Canada prepares for a prolonged US trade war, while Washington warns of an “economic D-Day” for Iran. The program also examines a manufacturing boom driven by demand from defense, aerospace and data sectors.
BBloomberg TelevisionOriginal★★☆☆☆2026-08-24 17:33
Sources say Treasury Secretary Bessent could use nearly $1 trillion in the Treasury General Account to finance bond buybacks. Drawing on the account would give the Treasury considerable power to influence long-term bond yields.
CCNBCOriginal★★★☆☆2026-08-24 13:17
President Donald Trump said he did not direct Treasury Secretary Scott Bessent to intervene in the bond market this week, saying Bessent acted on his own authority.
BBloomberg NewsOriginal★★★☆☆2026-08-22 05:00
U.S. President Donald Trump said on Friday that he did not instruct Treasury Secretary Scott Bessent to intervene in the bond market this week. Trump said Bessent acted under his own authority, based on his understanding of the issues.
RReutersOriginal★★★☆☆2026-08-22 02:40
After several volatile days, bonds made modest gains following Treasury Secretary Scott Bessent’s intervention earlier in the week. Market analyst Fiona Cincotta said the move does not solve the deeper fiscal problems, though it may have worked for the moment.
RReutersOriginal★★☆☆☆2026-08-21 11:56
Bond markets are testing Treasury Secretary Scott Bessent’s buyback strategy as yields climb back toward recent highs. U.S. President Donald Trump promises an economic crackdown on Iran while oil prices head for a weekly gain. Walmart shares tumble after the retailer reports its weakest U.S. sales growth in more than six years.
RReutersOriginal★★★☆☆2026-08-21 10:12
Market participants warn that unpredictability in the Treasury’s strategy could lead to higher borrowing costs, while Treasury Secretary Scott Bessent cautions against market panic. Bloomberg analysts and reporters examine recent yield-market moves and the potential impact of the Treasury’s buyback plan.
BBloomberg TelevisionOriginal★★☆☆☆2026-08-20 22:09
Wolfe Research Chief Economist Stephanie Roth joins Bloomberg’s Real Yield. US Treasuries fell after the Trump administration unexpectedly increased buybacks of longer-dated bonds, a move that did little to ease anxiety over surging government debt and yields reaching a 19-year high.
BBloomberg TelevisionOriginal★★★☆☆2026-08-20 21:18
US Treasury Secretary Scott Bessent says anything happening within a 24-hour period is merely “noise,” responding to a question about the bond market giving back gains after the Trump administration increased buybacks of longer-dated bonds.
BBloomberg TelevisionOriginal★★☆☆☆2026-08-20 15:55
