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Ahead of Jerome Powell's speech, treasury secretary Bessent calls for review of ‘entire’ Federal Reserve
Ahead of US Fed Chair Jerome Powell’s scheduled speech, Treasury Secretary Scott Bessent has called for a comprehensive review of the Federal Reserve. In an interview with CNBC, Bessent stated that there is a need to assess whether the Federal Reserve has been successful in fulfilling its mandate.
Fed chair Jerome Powell to deliver speech tomorrow; 'resignation coming' says Federal Housing Director
President Donald Trump, some days back, reportedly wanted to fire Fed chair Jerome Powell, but did not go through with it.
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 the potential for higher inflation.
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 whether it had been successful.
Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started
Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure for the top central banker to step aside before his term ends.
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