News

Bessent to American businesses: ‘Not the end of the world' if April 2 tariffs kick in

Top Trump administration officials insist that the Aug. 1 deadline is not changing, even as dozens of countries’ trade ...

Bessent Not Expecting a Fed Rate Cut Today, Urges ‘Imagination’

Treasury Secretary Scott Bessent said he’s not expecting the Federal Reserve to cut interest rates Wednesday, while calling ...

Bond Investors Are Watching Closely as the Bessent Treasury Plans $1 Trillion in New Borrowing

A focus on short-term debt in Wednesday’s Treasury refunding announcement could help keep down longer-term rates.

Bessent tells countries don’t ‘panic’ if trade deals aren’t made before tariff deadline, insists US has leverage over China

The Treasury head said recent trade deals announced by the US — including with the European Union and Japan — created a “lot ...

Trump and Bessent Bring New Style to Managing America’s Debt

The president and the Treasury secretary have said they will wait for rates to fall before issuing longer-term bonds.

Bessent warns China on Russian oil purchases that could bring 100% tariffs

U.S. Treasury Secretary Scott Bessent on Tuesday said he warned Chinese officials that continued purchases of sanctioned ...

For Bond Dealers, It’s All About Bills at Bessent’s Treasury

Since Scott Bessent took the Treasury’s helm in January, bond dealers have done a 180 on the key question about his issuance ...

Treasury Refunding Announcement: How Bessent Plans to Finance U.S. Debt

The Treasury on Wednesday said it plans to continue selling the same amount of longer-term U.S. debt in the current quarter ...