Warsh faces Fed independence test as Bessent moves in on central bank's turf

Treasury Secretary Scott Bessent's efforts to influence the bond market could increase pressure on Warsh to define the Fed's role in Treasury-market policy. The Fed has historically intervened in bond markets only during clear emergencies, and there is no sign it plans to act now.

Source: CNBC

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Category General

Source CNBC

Published 1 month ago

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News ID #8,773

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