News

Bessent Steps Up Criticism of Fed as Auditions for Chair Intensify
The Treasury secretary is breaking with tradition in publicly assailing the central bank’s policies as President Trump looks ...
Bessent on becoming Fed chair: ‘I will do what the president wants’
Treasury Secretary Scott Bessent said Monday he’d be open to replacing Federal Reserve Chair Jerome Powell as President Trump ...
Scott Bessent On Replacing Powell As Fed Chair: 'I Will Do What The President Wants' — Plays Down Shadow Chair Speculations
U.S. Treasury Secretary Scott Bessent responded to a question on whether he was willing to replace Jerome Powell as Federal ...
Bessent teases new Aug. 1 deadline for tariffs, says Fed chair can’t cut rates like Trump wants
Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the ...
Trump's 'I Like You Better' Sparks Talk Of Bessent As Next Fed Chief
A seemingly offhand remark from President Donald Trump has set off a wave of speculation in Washington and on Wall Street ...
Bessent Says Fed ‘A Little Off,’ Flags Signal From Two-Year Rate
Treasury Secretary Scott Bessent questioned Federal Reserve policymakers’ judgment on interest rates, reiterating his view ...
Next Fed leader may struggle to deliver the rate cuts Trump wants, watchers say
Some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome ...
Scott Bessent says Fed could cut rates by September or 'sooner'
Treasury Secretary Scott Bessent said Tuesday night that he thinks the Federal Reserve could cut interest rates by September ...
A look at who is in the running to replace Fed Chair Jerome Powell
Tensions between Fed Chair Jerome Powell and Trump have intensified over the central bank’s interest rate decisions and ...
Treasury Secretary Bessent tiptoes around Trump's plans for new Fed chair
Treasury Secretary Scott Bessent says he "will go where the president thinks" he's "best suited" to serve, as calls grow for ...
Bessent talks Fed succession options as Trump sends note to Powell
Treasury Secretary Scott Bessent on Monday outlined the options to replace Federal Reserve Chair Jerome Powell as his boss ...
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Treasury Secretary Scott Bessent says a new Federal Reserve chair is coming ‘in weeks’
A replacement for Fed Chair Jerome Powell is on the way, and it’s coming sooner than expected. Scott Bessent, speaking in an interview with Bloomberg, said ...