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The surprising move this week by Treasury Secretary Scott Bessent to intervene in Treasury markets to lower the cost of government debt undercuts the credibility of Federal Reserve Chairman Kevin Warsh to make interest-rate policy, experts said.
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Here's how America's $40 trillion debt can hit your wallet AxiosWhat the US debt hitting $40 trillion means for everyday Americans: Mortgage, auto loans, interest rates Business InsiderCorvallis man arrested after firing shots near Home Depot Corvallis Gazette-TimesU.S. fiscal policy potholes RBC Wealth ManagementScott Bessent Says ‘V
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Wall Street investors say move to buy more long-term US debt is a ‘band-aid on a bullet hole'
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