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Secy. Bessent shrugs off Trump’s attacks on Fed Chair Powell

Bessent calls for internal review of Fed but doesn't think Powell needs to step down

Treasury Secretary Scott Bessent is taking aim at the Federal Reserve and the rules the Fed enforces as a supervisor of big banks. But he doesn't think Fed Chair Jerome Powell should step down immediately.

MSNBC · 26m

'Not going to fire him': Secy. Bessent shrugs off Trump’s attacks on Fed Chair Powell

Treasury Secretary Scott Bessent joins Morning Joe to defend President Trump’s aggressive trade strategy, insisting “who pays the tariffs is a choice” and claiming inflation will remain “very benign.” Bessent says manufacturers and retailers are absorbing costs—and that Trump “won’t fire” Fed Chair Powell,

CNN on MSN · 1d

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 holding back the US economy, which is “on the cusp” of growth that could equal the dot-com boom seen in the 1990s.

1don MSN

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 ...

5hon MSN

Scott Bessent backs Jerome Powell: 'There's nothing that tells me he should step down right now’

Amid tensions with the White House, Treasury Secretary Scott Bessent backed Fed Chair Jerome Powell, saying there's no need ...

1hon MSN

10-year Treasury yield ticks higher after Bessent reassures market over Powell's position

Treasury yields were broadly higher as traders turn their attention to the Federal Reserve’s monetary policy meeting next ...

1don 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 ...

Trump Flips Out Over WSJ Report Detailing 1 Piece Of Advice He Got From Scott Bessent

President Donald Trump on Sunday disputed a Wall Street Journal story alleging that Treasury Secretary Scott Bessent urged ...

1don MSN

CNBC Daily Open: Investors dismiss Trump administration's beef with the Fed — S&P 500 hits new high

The S&P 500's record close comes despite the Trump administration's beef with threats on the Fed and its use of tariffs as a ...

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.

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