Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got nothing to do with the Federal Reserve.
The Treasury Secretary Says Trump Wants Long-Term Rates to Fall—It May Take a While
Key Takeaways Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall. Bessent said in an interview Thursday that Trump's policies should influence those longer-term borrowing costs to fall.
Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates
The Trump administration is more focused on keeping Treasury yields low rather than on what the Fed does, Treasury Secretary Scott Bessent said. Bessent indicated that Trump will not be hectoring the Fed to cut,
Treasury Secretary Says Trump Is Not 'Calling For The Fed To Lower Rates'
Treasury Secretary Scott Bessent, shown at a confirmation hearing, said President Donald Trump is "not calling for the Fed to lower interest rates." AFP President Donald Trump is focused on 10-year Treasury yields to bring down borrowing costs rather than the Federal Reserve actions on short-term interest rates,
Trump Treasury secretary Scott Bessent relives some pressure on the Fed
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, but what he and the president do want is to bring down longer-term borrowing costs via 10-year Treasury yields.
A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...
Savings, CD, and Checking Account Interest Rates Today: Earn Over 4% APY
Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, ...
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Top 5 banks charge THESE interest rates on personal loans in February 2025
It is crucial to note that interest rates on personal loans vary from one lender to another. It is influenced primarily by ...
Could Tariffs Push Interest Rates Higher? Here's What It Means for Your Wallet
Tariffs don't directly cause interest rates to rise, but they might be part of the recipe. Learn if rates will go up, and ...
Tariffs Could Reduce Chance Of Fed Interest Rates Cuts In 2025
Tariffs on U.S. goods and services may complicate the Federal Reserve’s decision making as market expectations for 2025 ...
Bernie Sanders, Josh Hawley introduce bill to cap credit card interest rates. What to know
Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card ...
A new bill in Congress would cap credit card interest rates at 10%. But the limits could harm consumers, experts warn
A new bill sponsored by Sens. Sanders and Hawley would cap credit card APRs, but that could reduce access to credit and ...
How Do Global Interest Rates Affect Your Business?
Interest rate cuts are always good for most businesses, but we may not be getting the dramatic cuts that we were hoping for.
The Federal Reserve holds interest rates steady: Here's what that means for your money
The Federal paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate ...
Josh Hawley, Bernie Sanders propose capping credit card interest rates at 10%
Senators Bernie Sanders and Josh Hawley introduced new legislation that would cap interest rates on credit cards at 10% to ...
Sanders and Hawley introduce bill to cap credit card interest rates at 10%
Sanders and Hawley’s bill comes after President Donald Trump vowed in the 2024 race to temporarily cap credit card interest ...
India cuts interest rates for the first time in five years
India's central bank has cut interest rates for the first time in nearly five years to counter slowing growth in Asia's third ...