Trump denies directing Bessent on bond market
President Trump stated that he did not direct Treasury Secretary Scott Bessent to intervene in the bond market this week. Bessent acted on his own authority regarding bond buybacks.
United States President Donald Trump said on Friday he did not direct Treasury Secretary Scott Bessent to intervene in the bond market this week. Trump noted that the Treasury chief acted independently based on his own assessment of market issues. The clarification follows a surprise government announcement regarding debt repurchases.
