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Elizabeth Warren Slams Scott Bessent: 'Huge Deal' If The World Stops Buying US Treasuries — Americans Will Pay Higher Interest Rates On Mortgages
Benzinga· 2026-01-22 02:51
Sen. Elizabeth Warren (D-Mass.) slammed Treasury Secretary Scott Bessent for downplaying the risks of waning global demand for U.S. Treasuries.It’s A ‘Huge Deal’On Wednesday, in a post on X, Warren criticized Bessent’s comments during the World Economic Forum at Davos, when he said that he was “not concerned at all” about investors selling American Treasuries.“It's a huge deal,” Warren said, warning that because Treasuries are seen as the benchmark for the financial system, weaker demand could translate int ...