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Powell calls for 'safe, sound' U.S. bank system as Bessent shows vague support
U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury ...
Amid calls for Powell’s ouster, Bessent says Fed chief should serve out his term
Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, ...
Summers Says Bessent Right to Question Fed on Its ‘Overreach’
Lawrence Summers backed Treasury Secretary Scott Bessent’s questioning of the Federal Reserve’s non-monetary policy ...
Bessent calls for deeper US bank regulatory reforms, scrapping dual capital requirements
U.S. Treasury Secretary Scott Bessent on Monday called for deeper reforms of what he called an antiquated financial ...
US Treasury Sec. Bessent calls for deeper bank regulatory reforms - Reuters
US Treasury Secretary Scott Bessent said on Monday that deeper reforms of an antiquated financial regulatory system are ...
Fed chair Jerome Powell to deliver speech tomorrow; 'resignation coming' says Federal Housing Director
President Donald Trump, some days back, reportedly wanted to fire Fed chair Jerome Powell, but did not go through with it.
U.S. Treasury’s Bessent calls for deeper bank regulatory reforms
Secretary says regulators should consider scrapping a dual capital requirement structure for banks proposed during the Biden ...
Bessent eyes government review of Federal Reserve as Trump weighs firing Powell
An examination of the Fed is necessary to determine why members have proved unable to “break out of a certain mindset,” Bessent said.