Treasury Secretary Scott Bessent told the president in recent days that ousting Federal Reserve Chair Jerome Powell entailed ...

Donald Trump has repeatedly criticized Jerome Powell for not cutting interest rates, and he escalated his attacks on the Fed ...

Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on ...

The Trump administration has been turning up the heat on Fed Chair Jerome Powell, who has held interest rates steady this ...

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

Trump and White House allies have intensified pressure on Powell, urging the Fed to cut its key interest rate through a multi ...

Powell was nominated by Trump in November 2017 and was confirmed by the Senate in January 2018. The Fed chair’s term lasts ...

President Donald Trump stepped up his attacks on Jerome Powell last week–but Treasury Secretary Scott Bessent came to the Federal Reserve chair's defense, The Wall Street Journal reported. Bessent in ...

The Fed should be reviewed, citing what the Treasury secretary called “fearmongering over tariffs” despite the emergence of ...

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

President Donald Trump criticized a Wall Street Journal article that reported his Treasury Secretary, Scott Bessent, had ...

The treasury secretary’s latest comments contrast with his earlier alleged role as peacemaker. The president, meanwhile, ...