News list for " Besant"
U.S. Treasury Secretary Bessent reportedly confirmed at a private mining CEO dinner that the U.S. holds $17 billion worth of Bitcoin (BTC).
On September 12, CNBC quoted US Treasury sources as saying that Treasury Secretary Vincent Bescent met with Walsh, Lindsay and Brad this week, and the selection of the Fed chair is still continuing. Bescent is waiting for the end of the Fed's quiet period before talking to current Fed officials. Bescent prefers to shrink the balance sheet for a long time.
According to CNBC, citing US Treasury sources, Treasury Secretary Vincent Bescent met with Walsh, Lindsay and Brad this week, and the selection process for the Fed chair is still ongoing. Bescent is waiting for the end of the Fed's quiet period before talking to current Fed officials. Bescent favors a long-term reduction of the balance sheet.
White House officials have confirmed that Billy Long, a former Missouri congressman who has been criticized by Democratic lawmakers for his lack of tax policy experience, will step down as director of the Internal Revenue Service less than two months after taking office, and that Treasury Secretary Scott Bessant will take over as director of the agency. In his second term, Trump has replaced several IRS leaders and cut the number of tax enforcers who were funded under Biden.
Market news: Trump appears to have told U.S. Treasury Secretary Vincent Bescent that he prefers him to Powell.
U.S. Treasury Secretary Vincent Bescent: We are committed to policies that promote a stronger dollar.
US Treasury Secretary Vincent Bescent: We oppose currency manipulation.
U.S. Treasury Secretary Vincent Bescent: The stock market situation is part of President Trump's daily information.
US Treasury Secretary Vincent Bescent: We are committed to policies that promote a strong dollar, and we oppose currency manipulation. Trump's policies will ultimately lead to a strong dollar.
Mr. Bessant said he and Mr. Trump focused on the 10-year Treasury yield, not the Fed. He stressed the importance of reducing inflation by increasing energy supplies. Click to view...
