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.
US Treasury Secretary Scott Bessent said the increased Treasury buybacks announced this week could exceed $4 billion for each issue.
BBloomberg NewsOriginal★★★☆☆2026-08-20 15:19
The rebound in long-dated Treasuries lost momentum, while U.S. stock futures lacked direction as investors awaited fresh catalysts. Samsung Electronics and SK Hynix are preparing record shareholder returns after their shares fell amid concerns about the sustainability of AI hardware spending.
BBloomberg TelevisionOriginal★★☆☆☆2026-08-20 14:46
US bonds gave back all the gains that followed Treasury Secretary Scott Bessent’s proposal to increase buybacks of longer-dated debt. On Thursday, the 30-year yield returned to levels seen just before the Treasury announced the plan a day earlier.
BBloomberg TelevisionOriginal★★☆☆☆2026-08-20 14:38
Guy Johnson, Tom Mackenzie, Skylar Montgomery Koning and Paul Dobson break down Bessent’s short-term win in the bond market and other key themes for analysts and investors on Bloomberg’s “The Opening Trade.”
BBloomberg TelevisionOriginal★★☆☆☆2026-08-20 07:50
Bloomberg Daybreak Europe examines Treasury Secretary Scott Bessent’s intervention in financial markets and what it could mean for stocks and mortgages. The program also reviews overnight US and Asian market moves and the issues facing European investors before trading begins.
BBloomberg TelevisionOriginal★★★☆☆2026-08-20 07:01
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.
BBloomberg NewsOriginal★★★★☆2026-08-19 22:30
US Treasury Secretary Scott Bessent made another attempt to rein in long-term borrowing costs after they reached multiyear highs. The move sent Treasury yields and the dollar lower.
BBloomberg TelevisionOriginal★★★☆☆2026-08-19 19:36
US Treasury Secretary Scott Bessent made another effort to curb long-term borrowing costs after they reached multi-year highs, sending Treasury yields and the dollar lower.
BBloomberg NewsOriginal★★★☆☆2026-08-19 18:30
Treasury Secretary Scott Bessent surprises markets by sharply increasing debt buybacks as yields reach multi-year highs. SK Hynix surges on a nearly $30 billion buyback, while Moderna and Merck rise on promising melanoma vaccine results. The program also covers Target, Lowe’s and Walmart.
BBloomberg TelevisionOriginal★★☆☆☆2026-08-19 16:54
The US Treasury said it will at least double the maximum size of liquidity-support buyback operations for longer-dated nominal coupon securities, raising them to at least $4 billion per operation from Sept. 9, 2026.
BBloomberg TelevisionOriginal★★★☆☆2026-08-19 14:39
