Scott Bessent Appointed as US Bond Trader Amid Soaring National Debt

Scott Bessent has been appointed as America's bond trader in chief, taking on a newly activist role within the Treasury Department. His appointment comes as the U.S. national debt continues to soar, and his strategies are reportedly undercutting the Federal Reserve's policies.

21 Aug, 20:11 — 21 Aug, 20:11

Post Share

Sources

Showing 1 of 2 sources

marketwatchMostly Factual3d ago

Here’s how Bessent’s newly activist Treasury Department is undercutting the Fed’s Warsh

The surprising move this week by Treasury Secretary Scott Bessent to intervene in Treasury markets to lower the cost of government debt undercuts the credibility of Federal Reserve Chairman Kevin Warsh to make interest-rate policy, experts said.

By Greg Robb

Read full article →

Coverage Timeline

First report: marketwatch · 21 Aug, 20:11|Full coverage: 2 · 11h|Window: 11h

Left-leaningCenterRight-leaning

marketwatch21 Aug, 20:11First to report

Here’s how Bessent’s newly activist Treasury Department is undercutting the Fed’s Warsh

11h later

wsj22 Aug, 07:09Latest update

PERSPECTA

PERSPECTA

Scott Bessent Appointed as US Bond Trader Amid Soaring National Debt

Sources

Here’s how Bessent’s newly activist Treasury Department is undercutting the Fed’s Warsh

Coverage Timeline

Here’s how Bessent’s newly activist Treasury Department is undercutting the Fed’s Warsh

U.S. Debt Soars and Scott Bessent Steps in as America’s Bond Trader in Chief - WSJ

Related Stories

APC Reopens Membership E-Registration Ahead of 2027 Elections

Norway Plans Regulations for Smart Glasses to Protect Privacy

Third Drone with Explosives Found Near Leipzig Airport

Trump Proposes Renaming Lake Ontario to 'Lake America' Amidst Trade Tensions

PERSPECTA