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Here’s what Trump’s pick of Scott Bessent for Treasury secretary means for taxes, interest rates and more
With Scott Bessent, consumers eyeing prices and interest rates are getting a Treasury secretary pick who is deeply aware of the big-picture forces pushing and pulling those everyday costs, experts say.
Trump chooses Scott Bessent for Treasury secretary
Fox News' Bryan Llenas reports the latest on Trump's Cabinet picks from West Palm Beach, Florida.
US Treasuries Rally on Bets Bessent Will Soften Trump’s Plans
US Treasuries have added to the gains spurred by the late-Friday announcement of Scott Bessent — a Wall Street veteran who investors expect will take the sting out of the administration’s more aggressive trade and economic policy proposals — as President-elect Donald Trump’s Treasury secretary choice.
Trump’s Treasury pick Bessent seen as ‘anchor of stability,’ says UBS
Financial markets appear to view President-elect Donald Trump’s pick for Treasury secretary, Scott Bessent, as “an anchor of stability and responsibility” in the incoming administration’s cabinet, according to UBS Global Wealth Management.
Wall Street Sees Gains Following Trump's Pick of Bessent for Treasury
U.S. stock markets saw gains on Monday following President-elect Donald Trump's nomination of Scott Bessent for Treasury.
Hedge fund manager Scott Bessent is Trump's pick for treasury secretary
Trump's Trials is now Trump's Terms. Each episode, host Scott Detrow curates NPR coverage of the incoming Trump administration.This episode: President-elect Trump plans to nominate hedge fund manager Scott Bessent to serve as Treasury Secretary.
U.S. Stocks May See Further Upside On Trump's Choice Of Bessent For Treasury
After turning in a strong performance last week, stocks are likely to see further upside in early trading on Monday. The major index
2d
on MSN
'Padding the profit margin': Why are interest rates still rising on store credit cards?
The Federal Reserve hasn’t raised interest rates since the summer of 2023. But America’s retailers apparently didn’t get the ...
2d
Interest Rates Recently Did Something They Haven't Done Since March 2020, and It Could Trigger a Big Move in the Stock Market
Interest Rates Recently Did Something They Haven't Done Since March 2020, and It Could Trigger a Big Move in the Stock Market ...
4h
Fed's Kashkari: Interest-rate cut in December is 'reasonable'
Federal Reserve Bank of Minneapolis President Neel Kashkari, typically on the hawkish end of the U.S. central bank's policy ...
12h
on MSN
Forget Falling Interest Rates. Here's What You Really Need to Save Money on Your Next Loan
Interest rates are finally headed in the right direction for borrowers. But read on to see what you can do to save big on the ...
The Journal News
7h
Lawler bill would drop interest rates on college loans to 1% to ease student debt burden
A new bill by Rep. Mike Lawler of Rockland County would drop to 1% the interest rate on federal student loans to ease the ...
3d
on MSN
What will mortgage interest rates be in 2025? Experts weigh in
Most experts predict that mortgage rates will fall steadily in 2025, and forecasts from both the Mortgage Bankers Association ...
7h
ECB’s Makhlouf Says Rates Will Fall But Open-Minded on Speed
European Central Bank interest rates will fall, but the speed and pace will depend on data, according to Governing Council ...
14h
Watch for high interest rates on store credit cards
If you’re thinking about opening a new credit card at one of your favorite stores this holiday shopping season, you might ...
The Economist
5d
Interest rates will come down sharply in 2025
The global economy has had a series of shocks, including the pandemic, an inflation spike and the invasion of Ukraine. As the ...
5d
on MSN
How far have mortgage interest rates fallen in 2024?
See what mortgage interest rate you could qualify for here now.
4d
on MSN
If the Fed is cutting interest rates, why are mortgages and business loans costing more?
The central bank’s target rates and its much-publicized recent rate cuts don’t directly set long-term mortgage and business ...
16h
on MSN
Today's Mortgage Rates | Rates Likely to Remain Elevated for Now
These are today's mortgage and refinance rates. Mortgage rates have been flat. But they should fall next year as long as ...
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