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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 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
    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 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

Related reports

Reports that mention this person, by story.

EconomyBessent speaks with CNBC after Fed holds rates steady

Treasury Secretary Scott Bessent joined CNBC for an interview on Oct. 28, 2026, after the Fed kept interest rates unchanged.

Federal Reserveinterest ratesScott Bessent

CCNBCOriginal★★☆☆☆2026-10-28 20:07

Bessent speaks with CNBC after Fed holds rates steady
Bessent speaks with CNBC after Fed holds rates steady

EconomyBessent hires controversial former Trump Fed pick Judy Shelton as adviser

Treasury Secretary Scott Bessent has hired Judy Shelton as an adviser. The Senate blocked her nomination to the Federal Reserve over her controversial economic ideas.

U.S. TreasuryJudy SheltonFederal Reserveeconomic policy

CCNBCOriginal★★★☆☆2026-10-09 11:50

Bessent hires controversial former Trump Fed pick Judy Shelton as adviser
Bessent hires controversial former Trump Fed pick Judy Shelton as adviser

EconomyBessent 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.

US inflationFederal Reserveinterest ratesartificial intelligence

BBloomberg NewsOriginal★★★☆☆2026-09-27 21:05

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

EconomyBessent 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%.

US Treasurybond buybacksTreasury yields

RReutersOriginal★★★☆☆2026-09-15 19:49

Bessent calls Treasury bond buybacks a success
Bessent calls Treasury bond buybacks a success

PoliticsRep. 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.

US politicsinflationtariffsIran

BBloomberg TelevisionOriginal★★★☆☆2026-09-15 15:26

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

EconomyIs Bessent winning the wrong battle in markets?

The Treasury secretary’s intervention in the yen has had an impact, but US bond yields keep climbing, raising questions over whether the administration is focusing on the wrong market battle.

Scott BessentJapanese yenUS bond yields

FFinancial TimesOriginal★★★☆☆2026-09-11 17:00

Is Bessent winning the wrong battle in markets?

EconomyUS Yields Surge, Calling Bessent’s Bluff | Real Yield 9/10/2026

Bloomberg Real Yield examines the surge in US Treasury yields and the bond market’s challenge to Bessent, alongside risks tied to CPI and possible Federal Reserve rate hikes. The program features investment and macro strategy specialists from Janus Henderson, JPMorgan Asset Management, Capital Group and CreditSights.

US Treasuriesbond yieldsbond marketFederal Reserve

BBloomberg TelevisionOriginal★★☆☆☆2026-09-10 19:11

US Yields Surge, Calling Bessent’s Bluff | Real Yield 9/10/2026
US Yields Surge, Calling Bessent’s Bluff | Real Yield 9/10/2026

EconomyTreasury yields keep rising as Bessent doubles down on bond buybacks

Long-term Treasury yields moved higher despite a $6 billion buyback. Concerns over debt and rising oil prices continue to weigh on bond markets worldwide.

Treasury yieldsbond buybacksdebt concernsoil prices

CCoinDeskOriginal★★☆☆☆2026-09-10 11:47

Treasury yields keep rising as Bessent doubles down on bond buybacks
Treasury yields keep rising as Bessent doubles down on bond buybacks

EconomyBessent’s Expanded Buybacks Run Into Bond-Market Reality

Treasury Secretary Scott Bessent’s unusual effort to substantially enlarge the department’s debt-buyback program faltered Wednesday. Announcing the size of the first expanded operation was not enough to stop markets from falling.

US Treasurybond buybacksbond market

BBloomberg NewsOriginal★★☆☆☆2026-09-10 06:30

Bessent’s Expanded Buybacks Run Into Bond-Market Reality
Bessent’s Expanded Buybacks Run Into Bond-Market Reality
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