With interest costs surging, it may be time for the government to forcefully hold down long-term Treasury yields. How it can ...

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 ...

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 ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

The Senate confirmed Scott Bessent as Treasury secretary on Monday ... His “3-3-3” economic plan includes bringing the federal budget deficit down to 3%, achieving 3% GDP and producing ...

The Senate voted 68 to 29 to confirm Scott Bessent, a billionaire hedge fund manager, as the next Treasury secretary. Needed for confirmation Needed for confirmation Mr. Bessent, who formerly ...

Bessent seemed reluctant to provide an answer when asked by Sen. Bernie Sanders, an independent from Vermont, if he agreed with President Joe Biden's warning on Wednesday night of a rising ...

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

Scott Bessent told Sen. Ron Wyden ... Donald Trump, with no plan and no strategy, says he is going to put across-the-board tariffs, blanket tariffs on all imported goods, which means that our ...

The U.S. Senate confirmed Scott Bessent Monday to serve as President Donald Trump’s Treasury secretary, making the longtime hedge fund manager the point person for the new administration on a ...