Treasury Secretary Scott Bessent responded sharply to Senator Elizabeth Warren's repeated letters criticizing the rise in the 10-year Treasury yield and the federal government's fiscal policies. Warren accused the Treasury of increasing borrowing costs and criticized tax cuts benefiting the wealthy while cutting social programs. Bessent countered by blaming Warren's fiscal policies and the Biden Administration's spending for inflation and rising rates, dismissing her concerns as insincere. He ended his letter with a sarcastic offer of basic economics lessons, highlighting the ongoing political clash over economic management and fiscal responsibility.
Scott Bessent's response to Elizabeth Warren's letter comes with Pluang market data for context. As of Oct 11, 2026 06:02 WIB, 101 of 150 US stocks on Pluang rose while 48 fell. Notable movers include AT&T at USD 22.18 with a -10.87% change, Verizon at USD 41.65 down -10.14%, and Snowflake up 7.42% at USD 368.89, reflecting diverse investor activity.
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Ethereum ETFs have experienced nine consecutive days of outflows, shedding nearly $2 billion in assets from October 5 to 9, 2026. However, most of this decline is due to a 6.9% drop in Ether's price, with only about $542 million attributed to actual ...
