Scott Bessent - MarketMinute

Scott Bessent

The End of Autonomy? Secretary Bessent’s “Accountability” Doctrine Triggers Market Alarm Over Fed Independence

WASHINGTON, D.C. — In a week that has sent tremors through the global financial architecture, Treasury Secretary Scott Bessent appeared before the Senate Banking Committee on February 5, 2026, delivering testimony that many economists believe signals a fundamental shift in the relationship between the White House and the Federal Reserve.

Scott Bessent

The Bessent Pivot: US Dollar Surges as Treasury Rules Out Yen Intervention

WASHINGTON D.C. — The global currency markets have been sent into a whirlwind this week as the U.S. Dollar staged a powerful recovery against the Japanese Yen. The surge followed definitive comments from U.S. Treasury Secretary Scott Bessent, who effectively shut the door on rumors of a coordinated

Scott Bessent

The 3-3-3 Architect: Scott Bessent’s Tax Revolution Targets a “Non-Inflationary Boom”

As the 2026 tax filing season begins, the American economy is navigating a radical transformation defined by Treasury Secretary Scott Bessent’s "non-inflationary boom" strategy. This ambitious economic experiment, centered on the "One Big Beautiful Bill" (OBBB)—officially the Working Families Tax Cut Act—represents the

Booz Allen Hamilton

Treasury Severs Ties: Booz Allen Hamilton Loses $21 Million in Contracts Following Data Security Failures

In a move that has sent shockwaves through the federal contracting landscape, United States Treasury Secretary Scott Bessent announced on Monday, January 26, 2026, the immediate termination of $21 million in contracts with consulting powerhouse Booz Allen Hamilton (NYSE: BAH). The decision, framed as a long-overdue accountability measure, stems from

Treasury Yields

Yields Defy Gravity: The 10-Year Treasury Hits 4.26% as 'Greenland Tariffs' Spark Safety Flight and Inflation Fears

As the markets reopened following the Martin Luther King Jr. Day holiday on January 20, 2026, the financial world found itself gripped by a paradoxical tug-of-war. The yield on the US 10-year Treasury note—a global benchmark for borrowing costs—settled at 4.26%, a level that reflects a complex

Federal Reserve

Treasury Secretary Bessent Proposes Residency Rule for Regional Fed Presidents, Sparking Independence Debate

Washington D.C., December 3, 2025 – U.S. Treasury Secretary Scott Bessent today unveiled a controversial proposal mandating that regional U.S. Federal Reserve bank presidents must reside in their respective districts for at least three years prior to their appointment. Announced at the New York Times DealBook Summit, this

Federal Reserve

White House's Assertive Stance on Regional Fed Leadership Sparks Independence Concerns, Clouding Interest Rate Outlook

Washington D.C. – December 3, 2025 – A significant push by U.S. Treasury Secretary Scott Bessent to assert White House influence over the selection and tenure of regional Federal Reserve presidents has ignited a fierce debate, raising profound questions about the future independence of the nation's central bank

Federal Reserve

The Race for the Fed: Treasury Secretary Bessent's Shortlist Signals a Potential Monetary Policy Shift

Washington D.C. – As Federal Reserve Chairman Jerome Powell's term approaches its conclusion in early 2026, the financial world is abuzz with speculation following Treasury Secretary Scott Bessent's recent announcement of a five-person shortlist to lead the nation's central bank. This pivotal selection, anticipated