News

Bessent tries to show Trump ‘he can get what he wants’ at the Fed without causing market turmoil
In the battle over the future of Federal Reserve Chair Jerome Powell, Treasury Secretary Scott Bessent appears to be focused ...
'Stop fear mongering!': Fed under fire over tariffs, Bessent orders probe into central bank's ops
US Treasury Secretary Scott Bessent is raising alarms over what he calls the Federal Reserve’s 'mandate creep.' In a bold statement, Bessent warned that the Fed is straying from its core monetary ...
Trump says Federal Reserve Chair Jerome Powell will be out in 8 months
Donald Trump called Jerome Powell a 'numbskull' for keeping interest rates high. Trump believes Powell's policies hurt the ...
Trump vs Jerome Powell: Scott Bessent softens tone; suggests Fed chief 'shouldn’t step down right now’
US Treasury Secretary Scott Bessent stated that Federal Reserve Chair Jerome Powell need not resign. This statement comes ...
U.S. Treasury chief: No need for Fed’s Powell to step down right now
There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said ...