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Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’
The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.
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 ...
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 ...
Bessent no-show, BRICS tensions set to cast shadow over Durban G20 meeting
Donald Trump's tariff threats and rising tensions between Washington and BRICS countries look set to overshadow this week's ...
Bessent drops a key line about trade deadlines that investors should pay attention to
That looming U.S.-China trade deadline? Don’t think too much about it, Treasury Secretary Scott Bessent is counseling ...
Trump and George Soros have this character trait in common, Treasury Secretary Scott Bessent says
Treasury Secretary Scott Bessent drew a provocative comparison between his current boss, Trump and his former mentor, the ...
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Bessent an option to replace Fed chair, ‘but I like the job he’s doing’, says Trump
Mr Trump has repeatedly urged current US Federal Reserve Chairman Jerome Powell to resign. Read more at straitstimes.com.
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Trump says Bessent an option to replace Fed chair, ‘but I like the job he’s doing’
Other candidates under consideration include former Federal Reserve governor Kevin Warsh and top economic adviser Kevin ...
Bessent Tells Markets Not to Worry About China Tariff Deadline
Most Read from BloombergAdvocates Fear US Agents Are Using ‘Wellness Checks’ on Children as a Prelude to ArrestsThe Dutch ...