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Scott Bessent, Fed and interest rate

Reuters on MSN · 1h

Fed cut seen near certain after inflation data, Bessent comments

The likelihood of a Federal Reserve rate cut in September is now seen near 100% after new data showed U.S. inflation increased at a moderate pace in July and Treasury Secretary Scott Bessent said he thought an aggressive half-point cut was possible given recent weak employment numbers.

Treasury Secretary Bessent wants the Fed to lower its lending rate

The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary Scott Bessent said on Wednesday.

The Hill on MSN · 8h

Bessent calls for steep interest rate cuts

Treasury Secretary Scott Bessent said Wednesday that short term interest rates should be 1.5 to 1.75 percentage points lower than their current level, keeping up the administration’s pressure

7hon MSN

Bessent says Trump Fed appointments will 'change the narrative' on monetary policy direction

President Trump's looming changes to the Federal Reserve are "going to change the narrative," Treasury Secretary Scott ...

Cryptopolitan on MSN1h

Scott Bessent says Congress’ stock returns ‘would make hedge funds jealous,’ urges ban

Scott Bessent, the Treasury Secretary, said on Wednesday that members of Congress should be banned from trading individual ...

2h

Treasury's Bessent says he doesn't support suspending monthly jobs reports

Treasury Secretary Scott Bessent defended releasing monthly jobs reports amid accuracy concerns, emphasizing the need for ...

3h

Bessent’s Failure to Fully Divest Assets Raises Concerns at U.S. Ethics Agency

The Treasury secretary has been slow to shed assets, including farmland, posing potential conflicts of interest.

1don MSN

Ex-Fed's Bullard says he's talked with Bessent about Fed chair job

Former St. Louis Federal Reserve Bank President James Bullard on Tuesday said he spoke with U.S. Treasury Secretary Scott ...

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