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Fed, Bessent

Treasury Secretary Scott Bessent Calls for ‘Internal Review’ of Federal Reserve As Pressure on Jerome Powell Mounts

U.S. Treasury Secretary Scott Bessent is calling for a review of the central bank's operations as Federal Reserve Chair Jerome Powell faces mounting pressure to resign.

Reuters · 1d

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 "mandate creep" into non-policy areas and he called on the U.S. central bank to conduct an exhaustive review of those operations.

POLITICO on MSN · 1d

Bessent calls on Fed to do comprehensive review of its mission

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

Scott Bessent, Trump and Powell

Yahoo · 7h

'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,

The Hill on MSN · 2h

Bessent: Trump ‘not going to fire’ Powell

Treasury Secretary Scott Bessent insisted Wednesday that President Trump isn’t going to fire Federal Reserve Chair Jerome Powell, but suggested the pressure on the Fed to lower interest rates will continue.

Mint on MSN · 12h

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 for him to step down before his term ends in May. However, Bessent suggested Powell has a chance to cement his legacy by reforming the Fed’s non-monetary functions.

Bessent, China and the trade deal

The Wall Street Journal · 19h

‘Trade’s in a Very Good Place With China,’ Says Treasury Secretary Bessent

Treasury Secretary Scott Bessent said he would soon meet top Chinese officials to extend the two countries' trade truce. “China, that deal expires on Aug. 12 and I’m going to be in Stockholm on Monday

Forbes on MSN · 1d

China Tariff Deal ‘Likely’ Will Be Extended, Bessent Says—But Others Will Still Take Effect Aug. 1

The Trump administration’s trade deal with China that sharply lowered the tariff rate on Chinese imports is expected to be extended past its Aug. 12 deadline, Treasury Secretary Scott Bessent predicted Tuesday,

CNBC on MSN · 1d

Trump China tariff deadline likely to be extended, Bessent says

Treasury Secretary Scott Bessent said he will meet next week with Chinese trade negotiators in Stockholm for discussions on avoiding steep tariffs.

Independent Journal Review6h

Scott Bessent Swats Down Jonathan Lemire’s Gotcha Questions On Fed Chair

Treasury Secretary Scott Bessent dismissed MSNBC host Jonathan Lemire’s negatively framed questions on Wednesday about ...

The five female Fed presidents who may have been on Bessent's mind

One of the Federal Reserve's five female regional bank presidents could replace U.S. central bank chief Jerome Powell, ...

2don 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 ...

4hon MSN

Treasury's Bessent thinks Fed's view of tariffs on inflation is 'off'

Tariffs won't fuel inflation, Treasury Secretary Scott Bessent said on Wednesday in a broadcast interview, adding that he ...

Cryptopolitan on MSN6h

US bond market surges after Scott Bessent said Powell isn’t going anywhere

The bond market shook off its panic and pushed upward on Wednesday after Scott Bessent, the U.S. Treasury Secretary, told ...

9hon 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 ...

Independent Journal Review1d

Scott Bessent Brutalizes His Biden-Era Predecessor After She Invokes China In Attempt To Get At Trump

Treasury Secretary Scott Bessent blasted former Treasury Secretary Janet Yellen in response to her criticizing the Trump ...

8hon MSN

Trump administration not in a rush to replace Powell, Treasury chief Bessent says

U.S. Treasury Secretary Scott Bessent on Wednesday told Bloomberg TV in an interview that the Trump administration was not in ...

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