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The Heat on TreasurySecretary Scott Bessent Grows

Treasury Secretary Scott Bessent’s plans to intervene in bond markets have drawn widespread criticism, including from a prominent former mentor.

Read full story on The New York Times →

Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe and Sri Muppidi25 Aug 2026, 12:46 pmUpdated 1h ago1 min readBusinessGlobal

Global — Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe and Sri Muppidi

The Heat on Treasury Secretary Scott Bessent Grows

Treasury Secretary Scott Bessent’s plans to intervene in bond markets have drawn widespread criticism, including from a prominent former mentor.

This report is published with credit to The New York Times. The wire sent a summary; open the original for any extra context. Read on The New York Times →

Source: The New York Times · Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe and Sri Muppidi. Published 25 Aug 2026, 12:46 pm.

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