News

Bessent Not Expecting a Fed Rate Cut Today, Urges ‘Imagination’
Treasury Secretary Scott Bessent said he’s not expecting the Federal Reserve to cut interest rates Wednesday, while calling ...
Bessent Says ‘No Rush’ to Choose Successor to Fed’s Powell
Treasury Secretary Scott Bessent said that there’s “no rush” to identify a successor to Federal Reserve Chair Jerome Powell, ...
Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance
"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told ...
Bessent says he expects to announce new Fed chair by end of year
U.S. Treasury Secretary Scott Bessent said Thursday that he is compiling a list of potential candidates to take the helm of ...
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 ...
Trump urges Fed board to ‘assume control’ if rates not cut
President Donald Trump called on the Federal Reserve board to “assume control” if Chair Jerome Powell does not lower interest ...
Banking Dive10d
Bessent eyes review of Fed amid Trump dust-up with Powell
The treasury secretary’s latest comments contrast with his earlier alleged role as peacemaker. The president, meanwhile, ...
Independent Journal Review9d
Scott Bessent Swats Down Jonathan Lemire’s Gotcha Questions On Fed Chair
Treasury Secretary Scott Bessent dismissed MSNBC host Jonathan Lemire’s negatively framed questions on Wednesday about ...
Treasury Secretary Scott Bessent: Expect an announcement on the next Fed chair by end of year
Treasury Secretary Scott Bessent joins 'Squawk Box' to discuss the state of U.S. trade negotiations amid the looming August ...
Bessent, Warsh, Hassett are the leading contenders to get Fed chair job, CNBC survey finds
The CNBC Fed Survey found the leading contenders to succeed Jerome Powell as Fed Chair are Treasury Secretary Scott Bessent, ...
US Treasury's Bessent calls for review of Fed non-monetary policy operations
U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its ...
New York Post16d
Scott Bessent: 'Formal process' to find Jerome Powell's successor has ...
Treasury Secretary Scott Bessent said a “formal process” to find a successor for Fed Chair Jerome Powell has already started. Bloomberg Surveillance “There’s been a lot of talk of a shadow ...