News

Bessent tries to show Trump ‘he can get what he wants’ at the Fed without causing market turmoil
In the battle over the future of Federal Reserve Chair Jerome Powell, Treasury Secretary Scott Bessent appears to be focused ...
Trump says Fed's Powell will be out in 8 months, calls him a 'numbskull'
U.S. Federal Reserve Chair Jerome Powell is a "numbskull" who has kept interest rates too high, but he will be out in eight ...
Trump says Federal Reserve Chair Jerome Powell will be out in 8 months
Donald Trump called Jerome Powell a 'numbskull' for keeping interest rates high. Trump believes Powell's policies hurt the ...
Trump vs Jerome Powell: Scott Bessent softens tone; suggests Fed chief 'shouldn’t step down right now’
US Treasury Secretary Scott Bessent stated that Federal Reserve Chair Jerome Powell need not resign. This statement comes ...
Bessent Demands Fed Overhaul, Calls for Full Review of Fed’s Mission
Treasury Secretary Scott Bessent called for a sweeping institutional review of the Federal Reserve on Monday, according to Politico. Bessent's comments increase pressure on Chair Jerome Powell ahead ...
U.S. Treasury chief: No need for Fed’s Powell to step down right now
There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said ...