'We are concerned': Scott Bessent says Treasury is keeping a close eye on the private credit market
sparked new concern from top government officials about the $1.8 trillion private credit industry. "We are concerned," Treasury Secretary Scott Bessent said Friday when asked about the growth of Blue Owl and other private lenders over recent years. "If there is something rotten, it is not going to be handed to the individual investors," Bessent said./ How are analysts viewing Blue Owl's loan sale decision?/ Why did Treasury Secretary Bessent express concern about Blue Owl?/ What risks exist from private credit industry interconnectedness?/ ...
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