News

Bessent backs Fed independence on rates amid Trump criticism
Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve o after getting caught in the ...
Why some economists think Powell should resign to save Fed independence
Mohamed El-Erian and Jeremy Siegel think Jerome Powell's resignation would ultimately bolster the independence of the central ...
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 ...
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 ...
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 ...
Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’
The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.
A ‘shadow Fed chair’? How Trump could pressure the Fed without firing Powell
Donald Trump is reportedly fuming over a Wall Street Journal report claiming Treasury Secretary Scott Bessent talked him out ...
Trump Flips Out Over WSJ Report Detailing 1 Piece Of Advice He Got From Scott Bessent
President Donald Trump on Sunday disputed a Wall Street Journal story alleging that Treasury Secretary Scott Bessent urged ...