Bessent says maximum Iran pressure likely avoids new large-scale U.S. combat
Treasury Secretary Scott Bessent said maximum economic pressure on Iran will likely rule out a return to large-scale U.S. combat,...
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Bessent’s Bond-Buyback Relief Rally Erased in a Day by Trump’s Iran Threat
Treasury Secretary Scott Bessent's buyback expansion pulled the 30-year yield down from 5.34% to 5.184% on Wednesday. President Trump's Iran...
Bessent to unveil ‘toughest sanctions in history’ against Iran on Monday
Treasury Secretary Scott Bessent will hold a press conference Monday to lay out what he calls the toughest economic isolation...
Treasury Proposes Rules Banning ESG Funds From Trump Accounts
The Treasury Department and IRS proposed rules Thursday that would ban ESG-focused funds from Trump Accounts, the tax-advantaged savings accounts...
Daly Defends Fed Independence as Treasury Expands Bond Buybacks
San Francisco Fed President Mary Daly says it is too early to judge how Treasury's expanded buybacks in long-dated debt...
