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Fed, Treasury and Scott Bessent

CNN on MSN · 22h

Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got nothing to do with the Federal Reserve.

Yahoo Finance on MSN · 1d

Trump Treasury secretary Scott Bessent relieves some pressure on the Fed

Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, but what he and the president do want is to bring down longer-term borrowing costs via 10-year Treasury yields (^TNX).

Hosted on MSN · 1d

Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates

The Trump administration is more focused on keeping Treasury yields low rather than on what the Fed does, Treasury Secretary Scott Bessent said. Bessent indicated that Trump will not be hectoring the Fed to cut,

Treasury installs ally of Musk’s DOGE

The Washington Post on MSN · 4h

Treasury installs ally of Musk’s DOGE as head of payment system

The move follows the ousting of a career official who rebuffed attempts to use the payment system to stop federal spending.

The New York Times · 55m

Treasury Installs Musk Ally to Oversee Its Payment System

Tom Krause, a software executive, is the Treasury Department’s fiscal assistant secretary with access to a system that disburses government funds and includes Americans’ personal information.

POLITICO on MSN · 1h

Treasury elevates Musk ally to lead government payment system

The elevation of Tom Krause to a more powerful role at Treasury will likely inflame an ongoing backlash over DOGE.

1hon MSN

Musk staffer takes top role at Treasury Department with control over federal payment system

Tom Krause, a former executive involved in Elon Musk's DOGE, is the new financial assistant secretary at the Treasury ...

2hon MSN

DOGE official at Treasury resigns after racist posts

The agreement maintained access for two DOGE officials, Tom Krause and Marko Elez, but Elez later resigned after The Wall ...

3d

Trump appoints treasury secretary, a former hedge fund executive, as acting head of consumer protection agency

In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed ...

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