10-year Treasury yield hovers above 4.3% as investors focus on the Fed’s rate decision

Bessent’s comments come after President Donald Trump warned that the “economic revolution” won’t “be easy” in a social media post.

The move could potentially affect hundreds of thousands of federal workers.

The president-elect said he would nominate Duffy, who first gained notoriety on MTV’s “The Real World,” to succeed Transportation Secretary Pete Buttigieg.