Warren Questions Bessent Over Musk Access to Treasury Payment System
In a letter to the Treasury secretary, the Democratic senator warned against meddling with a system that processes trillions of dollars of transactions.
Bessent Faces First Debt Test at Treasury as Musk Looms
Bloomberg reporters answer questions about Trump's EU tariff threats and the impact it could have on markets in a Live Q&A at 8 a.m. EST/1 p.m. GMT. Listen here.
Warren blasts Treasury Secretary Bessent on Elon Musk weekend data grab
U.S. Sen. Elizabeth Warren demanded answers following reports that billionaire Elon Musk took access to the nation's finance system, including sensitive financial data of nearly all Americans.
Treasury Secretary Scott Bessent Pays $12.5 Million for D.C. Mansion
Days after his Senate confirmation, Treasury Secretary Scott Bessent has paid $12.5 million for a historic mansion in Washington, D.C., according to people familiar with the deal.
Treasury, Bessent Sued Over Giving Access to Musk’s DOGE
The Treasury Department was accused of breaking federal law by giving Elon Musk’s team of government efficiency enforcers access to a trove of personal and financial information — setting up a legal showdown over the Trump administration’s signature effort to shrink the government.
Bessent tells lawmakers Musk's DOGE does not control Treasury payments system
The remarks came during a two-hour gathering between the Treasury secretary and GOP members of the House Financial Services Committee.
US Treasury moves to quell fears of Elon Musk taking over payments system
The US Treasury has sought to calm fears over Elon Musk’s access to its vast payments system, insisting no transactions have been cancelled, despite the billionaire’s claim to be “rapidly shutting down” remittances.
Bessent’s Treasury Sticks With Yellen-Era Long-Term Debt Plan
The US Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...
Trump Names Scott Bessent, the Treasury Secretary, to Lead the Consumer Bureau
The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...
Treasury Secretary Scott Bessent to temporarily oversee Consumer Financial Protection Bureau
President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the ...
Trump names Treasury Secretary Scott Bessent as acting director of the Consumer Financial Protection Bureau
President Donald Trump has tasked Treasury Secretary Scott Bessent with serving as the acting director of the Consumer ...
American Banker1d
Treasury's Bessent tells CFPB staff to stop everything
Treasury Secretary Scott Bessent, who was named to be acting director of the Consumer Financial Protection Bureau, has told ...
Jefferson Public Radio1d
Treasury Secretary Bessent, tapped to run CFPB, orders staff to halt work
Staff at the Consumer Financial Protection Bureau were instructed by email to cease much of their work. Bessent, a wealthy ...
LGBTQ Nation on MSN1d
Gay Treasury Secretary Scott Bessent may have helped create a constitutional crisis
Bessent gave transphobic billionaire Elon Musk access to one of the most sensitive - and important - computer systems in the ...
US Treasury Secretary affirms US-EU economic relationship in call with ECB's Lagarde
U.S. Treasury Secretary Scott Bessent affirmed the importance of the U.S.-EU economic relationship and transatlantic ...