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Bessent's push to expand Fed foreign lending facility raises questions about risk and dollar dominance

Treasury Secretary Bessent pushes to expand Fed dollar swap lines for Gulf and Asian allies, raising concerns about risks, Fed independence, and

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Treasury Secretary Bessent pushes to expand Fed dollar swap lines for Gulf and Asian allies, raising concerns about risks, Fed independence, and

The Treasury secretary wants the central bank to help by raising its $60 billion borrowing limit on an obscure lending program. | Business News