Treasury Secretary Scott Bessent is pressed on high yields and inflation by Rep. Maxine Waters
Treasury Secretary Scott Bessent faced questions from Rep. Maxine Waters and others about rising Treasury yields and whether high yields will make loans more expensive for families; Waters pressed him for concrete answers on inflation and trade policy's role.
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Treasury Secretary Scott Bessent appeared before the House Financial Services Committee on Sept. 15 and faced pointed questioning from Rep. Maxine Waters (D‑Calif.) about peaks in Treasury yields and the effects on consumer borrowing costs.
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