Treasury Secretary's Focus on Small Business Lending and Regulation

Treasury Secretary Scott Bessent is focusing on ensuring banks can lend to small businesses and re-focusing regulations on safety and soundness. Silicon Valley Bank failed due to regulators being distracted by issues like climate change and DEI. Capital requirements will be adjusted to support American innovation and business.

Appointment of an Affordability Czar to Tackle High Prices

Treasury Secretary Scott Bessent plans to appoint an 'affordability czar' to address high prices affecting consumers, focusing on areas that can make a big difference for working-class Americans.

U.S. Financial Markets React to Scott Bessent's Nomination as Treasury Secretary

Investor Scott Bessent nominated as Treasury Secretary by Donald Trump resulted in a positive response in U.S. financial markets with stocks rising. Bessent aims to prioritize tax cuts and reduce the deficit. Treasury yields fell, reflecting reduced concerns about inflation and budget deficits. Global stock markets had mixed reactions.

Scott Bessent's transition from Democratic donor to Trump Treasury Secretary pick

Scott Bessent, a former Democratic donor, was chosen by President-elect Donald Trump to be his Treasury secretary. Bessent has a diverse background, having worked with liberal billionaire George Soros, donated to top Democrats, and later becoming a major Republican donor. He aims to lead economic reforms under Trump, including tax cuts, trade negotiations, and regulatory changes.

Nomination of Scott Bessent for Treasury Secretary by President-elect Donald Trump

President-elect Donald Trump nominated Scott Bessent, a prominent investor and CEO of Key Square Capital Management, for Treasury Secretary. Bessent is known for advocating America First economic policies, including the use of tariffs to revitalize American industry.

Treasury Secretary Janet Yellen's comments on inflation and the economy

Treasury Secretary Janet Yellen believes that inflation will stabilize in the next year, despite concerns about rising costs of living for Americans.

Treasury Secretary Janet Yellen's Comments on China's Green Energy Exports

Treasury Secretary Janet Yellen discusses potential measures, including tariffs, on China's green energy exports. Concerns raised about oversupply of subsidized Chinese clean energy products. U.S. and allies worried about unfair trade practices and competition in green technology industry.

Treasury Secretary Janet Yellen's Meetings in China

Treasury Secretary Janet Yellen is visiting China for four days of meetings with Chinese officials to increase high-level communication and deepen dialogue. She will discuss unfair trade practices, global economic consequences of Chinese industrial overcapacity, countering illicit finance, financial stability, climate change, and resolving debt distress in developing nations.

Treasury Secretary Janet Yellen Denies Knowledge of Report Linking Conservative Groups to Hate Groups

During an interview, Treasury Secretary Janet Yellen denied knowledge of a report linking conservative groups to hate groups that was allegedly flagged by the Treasury Department.