Finance & Commerce

Treasury’s Bessent pushes Fed residency rule for regional presidents

Treasury Secretary Bessent proposes requiring Fed regional bank presidents to live in their districts for three years, ...

Trump's policies will boost economy: Bessent's adviser explains

Joseph Lavorgna, counselor to US Treasury Secretary Scott Bessent, sits down with Yahoo Finance Federal Reserve Correspondent ...
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Treasury Secretary Scott Bessent attacks Federal Reserve in scathing op-ed

Treasury Secretary Scott Bessent called for an "independent, nonpartisan review" of the Federal Reserve, arguing that there ...

Bessent calls for overhaul of regulator that protects U.S. financial system

Treasury Secretary's proposal to revamp the Financial Stability Oversight Council would expose Americans to risk, critics say ...

Bessent to Push New Residency Rule for Regional Fed Heads

Treasury Secretary Scott Bessent on Wednesday said he will push for a new rule that candidates for regional Federal Reserve ...

Scott Bessent on Tariffs, the Fed and the Economy

Fed chair Jay Powell has said the Fed expects tariffs to only temporarily lift inflation, though the one-time increase in price level could be spread over several quarters.