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Bessent Wants to Bring Treasury Yields Down. Warsh Could Complicate the Plan.

Bessent
International Business Times Fews App News Provider
Fews App Post Time há 12h

While Bessent has tools that can affect the supply and structure of government debt, a sustained attempt to push Treasury yields lower could eventually require cooperation from the Federal Reserve. Saul Loeb/AFP via Getty Images Federal Reserve Chair Kevin Warsh is facing an early test of the central bank's independence as Treasury Secretary Scott Bessent steps up efforts to influence a turbulent U. S.

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