News

"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told ...
Donald Trump has repeatedly criticized Jerome Powell for not cutting interest rates, and he escalated his attacks on the Fed ...
The Trump administration has been turning up the heat on Fed Chair Jerome Powell, who has held interest rates steady this ...
Ahead of US Fed Chair Jerome Powell’s scheduled speech, Treasury Secretary Scott Bessent has called for a comprehensive ...
US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and ...
President Donald Trump on Sunday disputed a Wall Street Journal story alleging that Treasury Secretary Scott Bessent urged ...
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, ...
Treasury Secretary Scott Bessent told the president in recent days that ousting Federal Reserve Chair Jerome Powell entailed possible risks to the economy and potential legal and political obstacles.
The Fed should be reviewed, citing what the Treasury secretary called “fearmongering over tariffs” despite the emergence of ...
US Treasury Secretary Scott Bessent said the Federal Reserve’s vital independence on monetary policy is threatened by its ...
An examination of the Fed is necessary to determine why members have proved unable to “break out of a certain mindset,” Bessent said.