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Even if demand for the tokens surges, it won’t magically produce dollars to buy more Treasuries.
Former Treasury Secretary Lawrence Summers criticized the current U.S. Treasury Secretary Scott Bessent for weighing too ...
The stablecoin market is worth about $250bn, according to research from the Federal Reserve Bank of Kansas City — tiny ...
Treasury Secretary Scott Bessent said interviews for 11 Federal Reserve chair candidates will start around Labor Day as the ...
US Treasury Secretary Scott Bessent claimed some of the “richest families in India” benefited from the purchase of Russian ...
U.S. Treasury Secretary Scott Bessent said he expects a big jump in revenues from sweeping tariffs imposed by President ...
U.S. Treasury Secretary Scott Bessent said on Wednesday he was working to divest illiquid personal assets including farmland ...
Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...
Powell’s term as chairman of the US central bank expires in May 2026, and the Trump administration – already interviewing ...
In a statement issued by the Treasury Department, Bessent said he had completed all but 4% of the asset divestitures required ...
The Trump administration is considering taking a 10% equity stake in Intel, converting $10.9 billion in CHIPS Act grants into ...
Treasury Secretary Scott Bessent on Tuesday threw cold water on the idea that Americans could soon receive tariff rebate checks.