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Scott Bessent, Fed

US Treasury's Bessent calls for review of Fed non-monetary policy operations

U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its "mandate creep" into non-policy areas and he called on the U.S. central bank to conduct an exhaustive review of those operations.

Yahoo Finance · 1h

Bessent Says Review of Fed’s Building Renovations Is Needed

Treasury Secretary Scott Bessent said in a social media post Monday that there should be a review of the decision to renovate parts of the Federal Reserve headquarters in Washington.Most Read from BloombergWhy the Federal Reserve’s Building Renovation Costs $2.

POLITICO on MSN · 1h

Bessent calls on Fed to do comprehensive review of its mission

The Trump administration has been turning up the heat on Fed Chair Jerome Powell, who has held interest rates steady this year.

Trump, Fed and central bank independence

Reuters · 12h

Trump's Fed attacks puncture veneer of central bank independence

If U.S. President Donald Trump's public attacks on Federal Reserve Chair Jerome Powell have achieved one thing, it has been to thrust the issue of central bank independence firmly into the spotlight.

Yahoo Finance on MSN · 1d

The next Fed chair's dilemma: Maintain Fed independence while pleasing Trump

It is becoming clear what the major challenge will be for Jerome Powell's successor: maintaining the Fed's independence while keeping President Trump happy.

The Associated Press on MSN · 2d

Trump’s attacks on Powell threaten the Fed’s independence. Here’s why it matters

Trump has criticized Powell for months because the chair has kept the short-term interest rate the Fed controls at 4.3% this year, after cutting it three times last year. Powell says the Fed wants to see how the economy responds to Trump’s sweeping tariffs on imports, which Powell says could push up inflation.

India Today on MSN1h

Scott Bessent urges Fed self-audit, questions $100 billion losses, expanding role

White House and administration officials have accused Powell of mismanaging a $2.5 billion renovation project at the Fed, ...

19hOpinion

Ben Bernanke and Janet Yellen: The Fed Must Be Independent

Mr. Bernanke and Ms. Yellen are both economists and former chairs of the Federal Reserve. As former chairs of the Federal ...

USD/CAD extends downside below 1.3700 ahead of Fed’s Powell speech

The USD/CAD pair extends the decline to 1.3680 during the early Asian session on Tuesday. The renewed concerns over the US Federal Reserve (Fed) independence weigh on the US Dollar (USD) against the ...

2don MSN

Can the Fed stay independent? Trump-era adviser may put it to the test.

Kevin Hassett's Trump-era makeover is fueling questions about the independence of the Federal Reserve as he emerges as a leading contender to succeed Jerome H. Powell as chair.

Explainer-Why Trump's Push for a 1% Fed Policy Rate Could Spell Trouble for US Economy

WASHINGTON (Reuters) -U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to ...

Bloomberg Surveillance: Fed and Markets

The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment.

1mon

The US economy is in a good place, but the Federal Reserve is not

The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst.

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