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Bessent Accelerates Regulation Overhaul to Jumpstart Growth

12 décembre 2025 à 09:40
The Treasury Secretary unveiled changes to the Financial Stability Oversight Council to ease “overregulation.”

© Tierney L. Cross/The New York Times

Treasury Secretary Scott Bessent argued that financial stability was best achieved through faster economic growth, which he said was constrained by unnecessary regulations.

Fed Pick Puts Pressure on Bessent to Deliver for Trump

3 décembre 2025 à 11:04
Treasury Secretary Scott Bessent, who is leading the search for the next Federal Reserve chair, could face President Trump’s wrath if the person chosen does not quickly lower interest rates.

© Tom Brenner for The New York Times

If the next Federal Reserve chair proves to be less than compliant with President Trump’s wishes, Treasury Secretary Scott Bessent could take the blame.
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