The Tension and Turnover at Bessent’s Treasury Department

P.M. Edition for Oct. 7. President Trump expects his Treasury Secretary to solve stubborn problems, including rising borrowing costs, high gas prices, and even the war on Iran. White House economic policy reporter reporter Brian Schwartz (wsj.com/news/author/brian-schwartz?mod=WSJ_WNPOD) tells us how Bessent is taking the pressure out (wsj.com/politics/policy/bessent-treasury-tensi…) on his staff–and faces skepticism on Wall Street. Plus, the Trump administration is investigating Wells Fargo (wsj.com/finance/banking/wells-fargo-faces-regu…) over its efforts to increase homeownership among Black Americans. And even as Israel loses residents to emigration, an increasing number of Americans are moving in (wsj.com/world/middle-east/the-young-americans-…). Pierre Bienaimé hosts.

Sign up for the WSJ's free What's News newsletter (wsj.com/newsletters/whats-news?mod=WSJ_WNPOD).

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.