News

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 ...
Bessent, Warsh, Hassett are the leading contenders to get Fed chair job, CNBC survey finds
The CNBC Fed Survey found the leading contenders to succeed Jerome Powell as Fed Chair are Treasury Secretary Scott Bessent, ...
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 ...
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 ...
Amid calls for Powell’s ouster, Bessent says Fed chief should serve out his term
Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, ...
Bessent says Fed needs exhaustive review of non-monetary policy operations
U.S. Treasury Secretary Scott Bessent on Monday called on the Federal Reserve to conduct an exhaustive review of its ...
Banking Dive11d
Bessent eyes review of Fed amid Trump dust-up with Powell
The treasury secretary’s latest comments contrast with his earlier alleged role as peacemaker. The president, meanwhile, ...