Here’s how Bessent’s newly activist Treasury Department is undercutting the Fed’s Warsh

Here’s how Bessent’s newly activist Treasury Department is undercutting the Fed’s Warsh

Source: www.marketwatch.com · Section: business-tech · Bias: Right · Published: Fri, 21 Aug 2026 20:11:00 GMT

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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The same story across the political spectrum (15 sources)

Left: Wild gaffe as Trump threatens to unleash military on sluggish bond market — www.rawstory.com
Left: 'Addled' Trump viciously mocked after flub: 'Bond market also two weeks away from a nuke?' — www.rawstory.com
Left: Dan Rather torches Trump's latest 'grift' as 'king of debt' boast backfires — www.rawstory.com
Center-Left: Vance: Bessent has 'very discreet plan' to shrink $40 trillion national debt — thehill.com
Center: Turmoil in Treasury bond yields sparks global worries: What to know — thehill.com
Center-Right: Here's how America's $40 trillion debt can hit your wallet — www.axios.com
Center: Bessent becomes most interventionist U . S . Treasury chief in decades — windsorstar.com
Right: It took 200 years to reach $1 trillion in national debt. 2026 said, 'Hold my beer.' — www.theblaze.com
Right: 'Blustering' Trump's credibility called into question by conservative WSJ — www.rawstory.com
Right: Treasury Department bars ESG funds from Trump Accounts, citing 'political activism' concerns — www.foxbusiness.com
Right: Anxious bond market sends troubling message to investors: There’s no easy fix for U.S. debt — www.marketwatch.com

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