Trump Says Bessent Made Bond Market Intervention Call on His Own
Updated
Updated · Bloomberg · Aug 21
Trump Says Bessent Made Bond Market Intervention Call on His Own
3 articles · Updated · Bloomberg · Aug 21
Summary
Trump told reporters Friday he did not direct Treasury Secretary Scott Bessent to intervene in the bond market, saying the decision was Bessent’s alone.
“No, not at all,” Trump said when asked whether he had pushed for the move, adding that Bessent “wanted to do it.”
Trump framed the intervention as an exercise of the Treasury secretary’s own authority, describing Bessent as “a very capable man” who is “very good at it.”