US Treasury Secretary Bessent speaks live at 10 AM ET

US Treasury Secretary Bessent: Scott Bessent serves as the U.S. Treasury Secretary in the Trump administration, overseeing federal financial management, debt issuance, and international economic policy. He has recently focused on stabilizing Treasury markets amid elevated yields and advancing sanctions against entities tied to Iran. The live address aligns with his ongoing public communications on these economic priorities. Testimony: Bessent is scheduled to deliver testimony on the state of the international financial system before the House Financial Services Committee. Sanctions Policy: Bessent has signaled continued U.S. efforts to impose secondary sanctions on banks and entities facilitating business with Iran. Market Intervention: The Treasury has expanded bond buyback operations to address pressures in longer-term debt markets.