Browsing: Bessent

Federal employees have accused Elon Musk of violating the privacy of people who have paid federal income tax or received a tax refund.The lawsuit, which names…

The Consumer Financial Protection Bureau (CFPB) has a new acting director, none other than Treasury Secretary Scott Bessent.The news was announced today after the firing of…

Treasury Secretary Scott BessentBloomberg News The Trump administration has named Treasury Secretary Scott Bessent to be acting director of the Consumer Financial Protection Bureau after firing…

WASHINGTON — Bank groups in all 50 states, plus Puerto Rico, asked Treasury Secretary Scott Bessent to choose Federal Reserve Gov. Michelle Bowman as the central…

The banking industry has largely applauded President Trump’s nomination of Scott Bessent — a hedge fund veteran and former George Soros associate — to lead the…

As I’ve been saying for a while now, all of the potential bad news (for mortgage rates) has been largely baked in over the past couple…

President-elect Donald Trump announced two cabinet nominations Friday evening that will shape his administration’s financial policies. Trump tapped Scott Bessent, a billionaire donor and founder of the…