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.

Tariffs won't fuel inflation, Treasury Secretary Scott Bessent said on Wednesday in a broadcast interview, adding that he thinks the Fed's "analysis of tariffs is a bit off."

Treasury Secretary Scott Bessent dismissed MSNBC host Jonathan Lemire’s negatively framed questions on Wednesday about President Donald Trump’s stance against

“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.

Bessent denied that Trump will “fire” Federal Reserve chairman Jerome Powell, pushing back on the question from Morning Joe host Jonathan Lemire.

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

U.S. Treasury Secretary Scott Bessent on Monday called for deeper reforms of what he called an antiquated financial regulatory system and said regulators should consider scrapping a "flawed," Biden-era proposal for a dual capital requirement structure for banks.

What we need to do is examine the entire Federal Reserve institution and whether they have been successful,’ says Secretary Bessent.