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Scott Bessent, Musk

Hosted on MSN · 21h

Bessent Says Musk’s DOGE Isn’t Altering Treasury Data

US Treasury Secretary Scott Bessent said he personally vetted a senior Treasury employee on Elon Musk’s government efficiency team who has read-only access to federal payment data, and that there’s been no “tinkering” with the department’s payment systems.

US Treasury's payment system 'not being touched' by Musk's DOGE, Bessent says

The U.S. Treasury's payment system won't be touched by Elon Musk's government efficiency team, Treasury Secretary Scott Bessent told Fox Business on Wednesday, adding that any decisions to stop payments would be made by other agencies.

BizPac Review · 1d

Bessent sets record straight, says DOGE members are Treasury employees

U.S. Treasury Secretary Scott Bessent cleared up all the “misinformation” about the access the Department of Government Efficiency (DOGE) “team” has reportedly had in the federal government. […]

Treasury, Fed

CNN on MSN · 1d

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.

Bessent's focus on 10-year US Treasury yield may let Fed off the hook

The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market constraints that could impede President Donald Trump's economic plans, while also getting the Federal Reserve out of his direct line of fire.

MarketWatch · 1d

Here is Bessent's best play to coax 10-year Treasury yields lower, BCA says

It's the budget. Treasury Secretary Scott Bessent said earlier this week that the Trump administration wants to focus on lowering borrowing costs by getting the 10-year Treasury yield down, not by pressuring the Federal Reserve to cut short-term rates.

Stars and Stripes2d

Bessent’s Treasury sticks with Yellen-era long-term debt plan

The U.S. Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...

15hon MSN

Post from suspended X account falsely attributed to Treasury secretary | Fact check

There is no evidence Bessent made the X post attributed to him. The account shown has been suspended, and no credible news reports support the claim.

1d

US bond market lukewarm on Bessent's 10-year yield pledge

U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some skepticism in the bond ...

1don MSN

Musk associates sought to use critical Treasury payment system to shut down USAID spending, emails show

Four days after Donald Trump’s inauguration, Elon Musk’s top lieutenants at the Treasury Department asked its acting ...

15h

Democrats seek investigation into DOGE's access to Treasury's payment systems

Senators say access that Elon Musk's team was given to the government's payment system, poses "threats to the economy and ...

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