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Bessent Advised Trump Against Trying to Oust Powell

Exclusive: Bessent Advised Trump Against Trying to Oust Powell

Treasury Secretary Scott Bessent told the president in recent days that ousting Federal Reserve Chair Jerome Powell entailed possible risks to the economy and potential legal and political obstacles.

Barron's on MSN · 17h

Bessent Told Trump Not to Fire Powell, Report Says. Why His Reasons Could Boost Markets.

The President has repeatedly criticized Powell for not cutting interest rates, and he escalated his attacks on the Fed chair last week.

The Hill on MSN · 1d

Trump denies another Journal report, this time on Powell, Bessent

President Trump responded angrily on Sunday to a Wall Street Journal story that Treasury Department Secretary Scott Bessent had personally sought to talk him out of trying to fire Federal Reserve Chair Jerome Powell.

Treasury Secretary Scott Bessent on U.S. trade talks

NBC News · 14h

Treasury Secretary Scott Bessent calls for a review of 'the entire' Federal Reserve

Treasury Secretary Scott Bessent on Monday suggested a review of the Federal Reserve that would go beyond the current controversy over building renovations and look at its overall function.

New York Post on MSN · 6d

Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started

Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure for the top central banker to step aside before his term ends.

CNBC on MSN · 16h

Treasury Secretary Scott Bessent on U.S. trade talks: Quality of deals more important than timing

Treasury Secretary Scott Bessent joins 'Squawk Box' to discuss the latest developments on U.S. trade negotiations, impact of looming August 1 deadline, prospects of any trade deals, escalating feud between President Trump and Fed Chair Powell,

7hon MSN

Bessent eyes government review of Federal Reserve as Trump weighs firing Powell

Treasury Secretary Scott Bessent suggested on Monday that the government could open an investigation into the Federal Reserve ...

Ahead of Jerome Powell's speech, treasury secretary Bessent calls for review of ‘entire’ Federal Reserve

Ahead of US Fed Chair Jerome Powell’s scheduled speech, Treasury Secretary Scott Bessent has called for a comprehensive ...

13hon MSN

Treasury Secretary Bessent bashes Fed 'fear mongering' over tariffs and says central bank should be reviewed

US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and ...

15hon MSN

US Treasury's Bessent says Federal Reserve needs to be examined as an institution

U.S. Treasury Secretary Scott Bessent on Monday said the entire Federal Reserve needed to be examined as an institution and ...

WSJ: Bessent Made Case for Powell, Astronomer CEO Resigns, More

Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.

1don MSN

The Trump-Powell feud keeps heating up. Meet the betting markets' top picks to replace the Fed chief.

Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next ...

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