U.S. Treasury Secretary Scott Bessent on Friday called for renewed scrutiny of the Federal Reserve, including its power to set interest rates, as the Trump administration intensifies its efforts to exert control over a central bank whose insulation from short-term political pressures is widely seen as key to effective control of inflation.

U.S. Treasury Secretary Scott Bessent advocates for comprehensive reform of the Federal Reserve, criticizing its interest rate policies and calling for a reduction in its economic influence. The proposed changes align with the Trump administration's goals to install allies within the Fed and alter its current trajectory.

Treasury Secretary Scott Bessent said the Federal Reserve "must change course" on monetary policy in his most public comments on the central bank since the start

Treasury Secretary Scott Bessent on Monday defended the independence of the Federal Reserve but insisted President Trump has the right to fire Fed governor Lisa Cook over mortgage fraud allegations. “The Fed should be independent.

Discover how mortgage residency rules impact top U.S. officials, with insights on recent fraud allegations and their implications for financial regulation.

Treasury Secretary Scott Bessent has come under scrutiny over home-loan filings similar to the discrepancies being used by the Trump administration to fire Federal Reserve Governor Lisa Cook. Weeks after he reportedly threatened to punch top housing finance official Bill Pulte “in the f—---- face”,

Treasury Secretary Scott Bessent and Bill Pulte, director of the Federal Housing Finance Agency, got into an explosive argument last week.

Treasury Secretary Scott Bessent’s lawyer is pushing back on reporting that the secretary had two principal residences, an accusation President Trump had also leveled against Federal Reserve board

Bessent argued that the core missions of the banking system are promoting full employment, stable prices and moderate long-term interest rates and that it has been distracted from these missions.

Bessent slammed the Fed for policies he said helped feed inflation, enriched the rich at the expense of the poor, and exacerbated the housing affordability

U.S. Treasury Secretary Scott Bessent continues vetting candidates as Trump administration seeks Federal Reserve Chair Jerome Powell’s replacement by May 2026. BlackRock Executive Emerges as Contender Bessent met with BlackRock Inc.