With interest costs surging, it may be time for the government to forcefully hold down long-term Treasury yields. How it can ...
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Now, Scott Bessent, President-elect Donald Trump’s choice for treasury secretary, is using all the budget high jinks at his disposal to produce a pseudoscientific plan that’s rosier ...
US Treasury Secretary Scott Bessent said he favors a strong dollar and has no plans to alter the government’s debt-issuance ...
On this week’s episode of Capitol Gains, Senior Columnist Rick Newman breaks down Bessent’s 3-3-3 strategy. There are three main components to the 3-3-3 plan: Reduce federal deficit to 3% of ...
Bessent has also laid out an economic plan known as “3-3-3,” which would reduce the federal budget deficit to 3% of gross domestic product (GDP), get real GDP growth to 3% and produce an ...
Analysts have warned that car prices could rise due to new Trump tariffs. (Getty Images) Bessent today could again push back on the view that Trump’s economic policies — such as tariff ...
He has said the U.S. faces economic calamity if Congress does not renew key provisions of Trump’s Tax Cuts and Jobs Act that are set to expire Dec. 31, 2025.
Does the Trump administration want a strong or weak dollar? That’s a question being thrust back into the spotlight as Bessent prepares to face Washington lawmakers today. The former hedge fund ...
From Catherine Rampell’s column on Scott Bessent, Trump’s pick for treasury secretary, and his ambitious (read: unfeasible) economic plan. Bessent’s “3-3-3” plan (not, if you can believe ...