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National Trade News policy desk (2026-08-21): 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… Primary source: original at MarketWatch (marketwatch.com).
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.