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Bessent says there's no reason for Fed chair to resign

Trump admin live updates: Bessent says there's no reason for Fed chair to resign

Bessent expressed his support for Powell amid ongoing criticism from Trump administration officials, stating that he sees no reason for the Federal Reserve chair to resign.

CNN on MSN · 1d

Bessent: The Trump administration should look into the Fed’s ‘many mistakes’

Treasury Secretary Scott Bessent said Monday he believes the Federal Reserve system should be reviewed for potentially holding back the US economy, which is “on the cusp” of growth that could equal the dot-com boom seen in the 1990s.

The Wall Street Journal on MSN · 1d

How Bessent Made the Case to Trump Against Firing Fed Chair Powell

Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.

Bessent eyes government review of Federal Reserve

Yahoo Finance on MSN · 4h

Bessent calls for internal review of Fed but doesn't think Powell needs to step down

Treasury Secretary Scott Bessent is taking aim at both the Federal Reserve and the rules the Fed enforces as a supervisor of big banks but making it clear he doesn't think Fed chair Jerome Powell needs to step down immediately.

Yahoo · 4h

Treasury Secretary Scott Bessent calls for thorough review of Federal Reserve: 'Why has this happened?'

Center for Renewing America CEO Eric Teetsel weighs in on the Trump administration's intensifying conflict with the Federal Reserve and their upcoming court battle against Harvard University.

NBC News · 17h

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.

47mon MSN

Summers Says Bessent Right to Question Fed on Its ‘Overreach’

Lawrence Summers backed Treasury Secretary Scott Bessent’s questioning of the Federal Reserve’s non-monetary policy ...

2hon MSN

Bessent says Powell doesn't need to resign but should conduct internal review

There have been no indications from Powell that he plans to step down despite a barrage of criticism from the Trump ...

1don 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 ...

23hon MSN

Market Voices: Bessent on Fed, Stellantis, Ryanair-Boeing, Alaska Air

Seeking Alpha's daily roundup of statments, announcements and remarks that could impact markets or individual stocks. Read ...

Bessent Says Powell Should Finish Out Term if He Wants

Treasury Secretary Scott Bessent said Tuesday that embattled Federal Reserve Chair Jerome Powell should finish out his term if he wants. “If he wants to see that through, I think he should. If he ...

Fed reform may move markets more than Powell ouster

Changing the way the Federal Reserve operates or assesses the economy may have a more durable impact on policy and markets ...

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 ...

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