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Bessent Defends Faltering Bond Market Intervention

Tuesday, September 15, 2026


Treasury Secretary Russell Bessent testified before Congress regarding the bond market. Bessent stated his support for a proposal to distribute $5,000 dividends to Americans contingent on election outcomes. No additional details were provided about the mechanics or funding of such a program.

Original reporting: https://www.nytimes.com/2026/09/15/business/economy/scott-bessent-congress.html

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