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Federal Reserve, Bessent and Building Renovations

Fed adds video tour footage to building renovation information page on website

The Federal Reserve on Monday added footage of a video tour of the two historic buildings it is renovating at its Washington headquarters campus amid criticism from the White House over cost overruns for the project.

Bloomberg on MSN · 2h

Bessent Says Review of Fed’s Building Renovations Is Needed

Treasury Secretary Scott Bessent said in a social media post Monday that there should be a review of the decision to renovate parts of the Federal Reserve headquarters in Washington.

NBC News · 11h

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. “What we need to do is examine the entire Federal Reserve institution and whether they have been successful,

Fed, Trump

MarketWatch on MSN · 13h

Why Trump’s next Fed chair may not deliver the interest-rate cuts investors expect

Trump wants to replace Jerome Powell with a Fed chair who will do what he wants. But that still may not produce the steep cuts Wall Street is counting on.

Bloomberg on MSN · 1d

Fed Will Keep Trump Waiting Amid a Wave of Global Rate Cuts

Donald Trump is struggling to get the Federal Reserve to cut interest rates, but policymakers around the world won’t need so much convincing.

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.

2hon MSN

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 ...

Fed Takes Fresh Steps to Defend Renovations as White House Intensifies Attacks

The Trump administration has seized on the Federal Reserve’s renovation of its building in what legal experts say could be ...

3hon MSN

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 ...

13hon MSN

US Treasury's Bessent says Federal Reserve needs to be examined as an institution

U.S. Treasury Secretary Scott Bessent on Monday said the entire Federal Reserve needed to be examined as an institution and ...

16h

Trump officials to visit Fed amid renovation probe, Semafor reports

Senate Banking Chair Tim Scott is in talks to attend the visit as well, the report added, citing a person familiar with the ...

2hon MSN

Bessent eyes government review of Federal Reserve as Trump weighs firing Powell

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

21hOpinion

Ben Bernanke and Janet Yellen: The Fed Must Be Independent

Mr. Bernanke and Ms. Yellen are both economists and former chairs of the Federal Reserve. As former chairs of the Federal ...

2don MSN

Can the Fed stay independent? Trump-era adviser may put it to the test.

Kevin Hassett's Trump-era makeover is fueling questions about the independence of the Federal Reserve as he emerges as a leading contender to succeed Jerome H. Powell as chair.

3don MSN

Waller says he's willing to lead Fed if Trump asks, but no contact so far

Federal Reserve Governor Chris Waller, an advocate for an immediate interest rate cut, said on Friday he would accept the job ...

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