Treasury Secretary Bessent and Fed Chair Warsh Clash Over Who Sets Money’s Price

Treasury Secretary Bessent and Fed Chair Warsh Clash Over Who Sets Money’s Price
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Treasury Secretary Bessent and Fed Chair Warsh Clash Over Who Sets Money’s Price

Treasury Secretary Scott Bessent and Federal Reserve Chairman Kevin Warsh disagree on how much policymakers should intervene in bond markets, as the Trump administration pushes to curb long‑term borrowing costs amid a growing fiscal deficit.