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Powell calls for 'safe, sound' U.S. bank system as Bessent shows vague support

U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury ...

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

U.S. Treasury Secretary Scott Bessent said on Wednesday that the Trump administration was not in a rush to nominate a new ...

Bessent tamps down Powell threats

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Bessent: ...

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 ...

Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.
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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 ...

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 ...

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 ...