News

Bessent advised Trump against firing Powell: Report
Treasury Secretary Scott Bessent privately urged President Donald Trump over the last week not to fire Federal Reserve ...
Treasury Secretary Scott Bessent says don't read too much into one month's inflation data
Treasury Secretary Scott Bessent, in an interview on Bloomberg Television, said he hasn't looked at the CPI number that's ...
Trump’s Fed Chair picks come into focus as tensions with Powell escalate
The candidates on President Donald Trump's shortlist to succeed Chairman Jerome Powell is starting to become more apparent.
Powell Asks Fed IG To Probe Renovation Project Amid Relentless Trump Attacks
Treasury Secretary Scott Bessent claimed the president is "not looking to fire" Powell, but noted that the search for his replacement is already underway.
Bessent: ‘Formal process’ underway to pick Powell successor
Treasury Department Secretary Scott Bessent on Tuesday said the process to pick a new chair of the Federal Reserve has ...
Trump: Bessent an Option to Replace Fed Chair, 'But I Like the Job He's Doing'
With the unemployment rate low and inflation above the Fed's 2% target, U.S. central bank officials have been reluctant to ...
Market Voices: Bessent on China, Powell; Uber-Baidu robotaxis; Zeekr
Seeking Alpha's daily roundup of statements, announcements and remarks that could move markets, sectors or individual stocks.
An attempt by Trump to fire Powell would face major legal challenge
If President Donald Trump takes the unprecedented step of trying to fire Fed Chairman Jerome Powell, the effort would roil ...