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.
Exchange wallets saw a net outflow of 133 million XRP in the week ending October 31, just before Ripple released 1 billion XRP from escrow on November 1. This release lowered Ripple's locked XRP from 31.4 billion to 30.4 billion tokens. Despite the l...
Dutch Bros has been downgraded to a soft 'sell' rating due to its high valuation, even though the company is rapidly expanding and showing improving profitability. The number of locations grew from 1,043 to 1,225, with projected revenue of $2.1–$2.13...
The Binance hacker transferred about 486,970 SOL worth $46.4 million on November 1, sparking speculation of swaps into Bitcoin that might have pressured Solana's price. However, public transaction data does not confirm any Bitcoin purchases, and Sola...
Clorox currently offers a higher dividend yield of about 5.7% compared to Procter & Gamble's 2.7%, but its dividend payout is riskier due to high debt and shrinking cash flow. P&G, a Dividend King with 70 years of consecutive dividend increases, has ...
Bitcoin closed October 2026 down 7.32%, marking its worst October performance since 2014 and the first back-to-back losing Octobers since 2011-2012. The decline was driven by a $6.3 billion hack on Binance, which caused significant market disruption ...
