Exclusive: FOX Business obtained the response from Treasury Secretary Scott Bessent to the latest request for information from Senator Elizabeth Warren.

The Senator has sent more than 100 letters to Treasury asking for information in the past 21 months. The Secretary snarky at times in the response saying, "Rather than take my suggestion of studying introductory economics, you have continued your letter-writing crusade and participation in tabloid fodder about the Treasury Department." Secretary Bessent also added a hand-written note at the bottom of the letter. (Picture attached)

Senator Warren sent a letter dated October 10th asking for more information about what the Trump Administration is doing to lower borrowing costs for average Americans. In the letter the Senator accuses the Treasury Secretary of increasing costs saying, "The surge in Treasury yields is self-inflicted and follows the Fed's decision to raise the federal funds rate by a quarter of a percentage point, driven by concerns about inflation." The Treasury Secretary refuted that characterization in his letter, adding, "It is difficult to treat your concern as sincere." Adding, "As the federal funds rate climbed from near zero to its highest level in 22 years, with inflation hitting a 40-year high, you were a cheerleader for the Biden Administration's reckless spending."

The Secretary finishes the letter offering "a Foreign Exchange for Dummies tutorial still, and if you receive a passing grade to the Yale metric, not the Harvard curve, I would be happy to also include a Fixed Income for Dummies."