Scott Bessent Says ‘I Am the House Now’ and Dares Traders to Bet Against Him — Wall Street Fires Back With ‘Activist Treasury’ Label
Treasury Sec. Scott Bessent's 'I am the house' boast sparks Wall Street backlash as critics slam his 'Activist Treasury' bond buybacks.
The Treasury Secretary said bold things about controlling the bond market, and Wall Street traders disagreed with his approach. This shows there's debate about how the government should handle money and markets, which affects how people feel about stocks and bonds.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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