Trump Treasury Pick Scott Bessent Defends Sweeping Tariffs In Contentious Senate Hearing
Ongoing uncertainty around tariffs was one of many issues before Treasury secretary pick Scott Bessent as he faced the Senate Thursday.
Ongoing uncertainty around tariffs was one of many issues before Treasury secretary pick Scott Bessent as he faced the Senate Thursday.
While some federal agencies paused rulemaking after the election, the Consumer Financial Protection Bureau has been on a blitz.
Investors are grappling with the reality that some of Trump’s proposed policies could lead to rising inflation and a challenging market environment.
Private equity firms are hoping that the new Trump administration makes it easier for them access to something they have long wanted: your 401(k).
Longer-term U.S. Treasury yields have surged to multi-month highs, outpacing a rise in shorter-dated yields.
Almost all Fed officials agreed in their last meeting that "upside risks to the inflation outlook had increased" due to expected Trump policy changes.
The 20-year Treasury bond offered a grim warning as a selloff fueled by inflationary angst gripped global debt markets: 5% yields are already here.