The head of the International Monetary Fund downplayed the dollar’s decline over the past year, saying the US currency will probably retain its preeminent position.
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Scott Bessent says Fed is burning $100B a year with zero oversight. Is it hiding the truth?
The Federal Reserve is under rare public fire for how it handles its own balance sheet. Hedge fund manager Scott Bessent argues that the central bank is effectively burning $100 billion a year with no ...
Where you stand on an issue, the late U.S. bureaucrat Rufus E. Miles, Jr., observed in 1948, depends on where you sit. Scott Bessent, the former hedge-fund operator now serving as U.S. President ...
WASHINGTON, Feb 5 (Reuters) - U.S. Senator Elizabeth Warren, the top Democrat on the Senate Banking Committee, has asked ...
As it happens, escalating turned out to be the very best option. Ignoring Bessent, the Europeans punched back hard with a threatened $93 billion in retaliatory measures. That spooked the stock market, ...
Warsh doesn’t want to anger the man who appointed him – and who could make his job a living hell if he doesn’t cut rates.
“Reclaiming my time” made a comeback Wednesday – and with it, Rep. Maxine Waters added a new, made-for-TikTok tag: “Can you ...
Treasury Secretary Scott Bessent is slated to testify in the House Financial Services Committee Wednesday morning as part of ...
Treasury Secretary Scott Bessent on Wednesday spoke to the House Financial Services Committee about the state of the U.S.
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