By Victor Reklaitis and Greg Robb
Level of buybacks per operation could be bigger than $4 billion, and White House will focus on cutting deficit, Treasury secretary says
U.S. Treasury Secretary Scott Bessent has made waves this week with his plan to at least double his department's buybacks of longer-dated Treasury bonds.
U.S. Treasury Secretary Scott Bessent on Thursday indicated that his department could make additional moves in the wake of its announcement that it would at least double the size of its buybacks of longer-dated Treasury bonds.
"We have a big tool kit, so we'll see," Bessent said in a CNBC interview, after being asked how much more he's willing to do.
