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The surprising move this week by Treasury Secretary Scott Bessent to intervene in Treasury markets to lower the cost of government debt undercuts the credibility of Federal Reserve Chairman Kevin Warsh to make interest-rate policy, experts said.
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Drastic water cuts issued for California, Nevada and Arizona from drought-stricken Colorado River CBS NewsU.S. Cuts Colorado River Water for Arizona, California and Nevada The New York TimesColorado is spared from mandatory cuts as feds finalize Colorado River rules for next two years Colorado Public RadioCOLORADO RIVER: Interior Department Finalizes Plans for 2027-2028 Colorado River Operations Maven's NotebookThe US
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