WASHINGTON, United States - US Treasury Secretary Scott Bessent called Monday for the Federal Reserve to conduct an ...

President Donald Trump, some days back, reportedly wanted to fire Fed chair Jerome Powell, but did not go through with it.

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

US Treasury Secretary Scott Bessent said the Federal Reserve’s vital independence on monetary policy is threatened by its ...

Treasury Secretary Scott Bessent said on Monday that the Federal Reserve needs a fundamental reset to become more proactive rather than reactive, thereby preventing dangerous spillovers from occurring ...

U.S. Treasury Secretary Scott Bessent warned that the Federal Reserves independence on monetary policy is under threat due to ...

The S&P 500’s record close comes despite the Trump administration’s beef with threats on the Fed and its use of tariffs as a ...

US Treasury Secretary Scott Bessent has expressed a need to examine the performance of the Federal Reserve, which has ...

The Federal Reserve last cut its key benchmark interest rate in December, reducing it by 0.25 percentage points to a target ...

Bessent also said the Fed should conduct “an exhaustive internal review of its non-monetary policy operations,” adding that ...

An examination of the Fed is necessary to determine why members have proved unable to “break out of a certain mindset,” Bessent said.

White House and administration officials have accused Powell of mismanaging a $2.5 billion renovation project at the Fed, ...