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U.S. Treasury Secretary Scott Bessent on Friday called for renewed scrutiny of the Federal Reserve, including its power to ...
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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 ...
President Trump’s pressure on Federal Reserve Chair Jerome Powell to lower interest rates will come to a head Wednesday at a pivotal meeting of the central bank. Trump has sought to reshape the ...
U.S. Treasury Secretary Scott Bessent on Friday called for renewed scrutiny of the Federal Reserve, including its power to ...
Central bank officials have not lowered rates since December, irking President Donald Trump, who wants more control of the Fed. Follow for live updates.
The Federal Reserve must be relieved of its duties regulating the nation’s banks, Treasury Secretary Scott Bessent wrote in an essay published Friday.
U.S. Treasury Secretary Scott Bessent called for sweeping reforms at the Federal Reserve, accusing it of fueling inflation and inequality, as President Donald Trump weighs potential successors to Fed ...
The Fed must not be immune from oversight because of a twisted belief that “independence” justifies unaccountable power.
The U.S. Federal Reserve's newest vice chair who supervises Wall Street banking, Michelle Bowman, made a crypto speech on Tuesday that could have been uttered by one of the industry's own policy wonks ...