Bessent Tries to Calm the Markets — Again
US Treasury Secretary Scott Bessent sought to persuade nervous investors that President Trump’s economic policies are part of larger, coherent vision.
US Treasury Secretary Scott Bessent sought to persuade nervous investors that President Trump’s economic policies are part of larger, coherent vision.
Investors are weighing whether Donald Trump might turn to unconventional ideas to try to bring the ballooning U.S. debt under control.
As weaker-than-expected data has spurred concerns about US economic growth, markets have moved to price in more easing from the Fed this year.
US stocks just suffered the worst two-day drop since December as President Donald Trump’s trade war added to worries about the economy.
US Treasury Secretary Scott Bessent projected confidence in President Donald Trump’s expansive plans to tariff foreign nations.
The U.S. Consumer Financial Protection Bureau asked a federal court on Monday to issue a stay in its enforcement action against Comerica Bank.
The FDIC is planning to propose rolling back a Biden-era policy that ramped up the scrutiny of large bank mergers.