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Powell, Scott Bessent

UPI on MSN · 18h

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 Secretary Scott Bessent called Powell "good public servant" suggesting he finish his term.

The Boston Globe · 13h

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, saying he sees no reason for the Federal Reserve chair to step down. “There’s nothing that tells me that he should step down right now,

Bloomberg L.P. · 1d

US Treasuries Edge Higher as Bessent Offers Support for Powell

Treasuries rose, reversing earlier losses, as Treasury Secretary Scott Bessent said he sees no reason for Jerome Powell to step down as Federal Reserve chair.

Bessent backs Fed independence on rates

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.

The Hill on MSN · 20h

Bessent backs Fed independence on rates amid Trump criticism

Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve after getting caught in the crossfire between President Trump and The Wall Street Journal. Bessent said

MarketWatch on MSN · 15h

Why Bessent is now saying Powell doesn’t need to resign from Fed

“Bessent is trying to show Trump there is a path to get what he wants without unnecessary market turmoil,” said Stephen Myrow, managing partner at Beacon Policy Advisors. That path would involve allowing Powell to finish out his term as chair and stepping down from the Federal Reserve board once his chairmanship is up.

1don MSN

Bessent calls for deeper US bank regulatory reforms, scrapping dual capital requirements

U.S. Treasury Secretary Scott Bessent on Monday called for deeper reforms of what he called an antiquated financial ...

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 ...

1d

U.S. Treasury’s Bessent calls for deeper bank regulatory reforms

Secretary says regulators should consider scrapping a dual capital requirement structure for banks proposed during the Biden ...

1d

US Treasury Sec. Bessent calls for deeper bank regulatory reforms - Reuters

US Treasury Secretary Scott Bessent said on Monday that deeper reforms of an antiquated financial regulatory system are ...

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