Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...

Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...

Both a larger-than-expected rate cut and foundational changes at the Fed would be major pro-growth innovations in U.S.

It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment ...

The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...

I think we could go into a series of rate cuts here, starting with a 50 basis-point rate cut in September,” Bessent said in a ...

Treasury Secretary Scott Bessent said financial markets are pricing in a high likelihood of the Federal Reserve cutting ...

Treasury Secretary Scott Bessent said Wednesday that short-term interest rates should be between 1.5 percentage points and 1.75 percentage points lower than their current level, keeping up the ...

Treasury Secretary Scott Bessent suggested that the Federal Reserve ought to be open to a bigger, 50 basis-point cut in the ...

The Federal Reserve has not approved an interest rate cut since before the Nov. 5 election, but one of its governors said she ...

U.S. Treasury Secretary Scott Bessent said he expects a big jump in revenues from sweeping tariffs imposed by President ...

President Donald Trump on Tuesday morning made his latest call for the Federal Reserve to lower interest rates following July ...