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Federal Reserve, Scott Bessent

Bessent calls for internal review of Fed but doesn't think Powell needs to step down

Treasury Secretary Scott Bessent is taking aim at both the Federal Reserve and the rules the Fed enforces as a supervisor of big banks. But he made it clear he doesn't think Fed Chair Jerome Powell needs to step down immediately.

· 1d · on MSN

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

· 1d

Bessent Calls For Review of Fed’s Building Renovations

Bessent says there's no reason for Fed chair to resign

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· 13h · on MSN

Trump admin live updates: Bessent says there's no reason for Fed chair to resign

Republican Rep. Anna Paulina Luna of Florida sent a letter to Attorney General Pam Bondi calling for an investigation into Federal Reserve Chairman Jerome Powell for "potential perjury and making fal...

· 1d · on MSN

Bessent: The Trump administration should look into the Fed’s ‘many mistakes’

· 16h · on MSN

Bessent backs Fed independence on rates amid Trump criticism

· 18h

US 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 on Tuesday, adding that the Fed chief's legacy should be to right-size the...

· 1d

Trump’s big fiscal dominance play

· 13h

Powell calls for 'safe, sound' U.S. bank system as Bessent shows vague support

· 10h

White House Keeps Pressure on Powell Over Rate Cuts and Renovations

The Fed lowered interest rates by a percentage point last year as inflation moderated and the labor market showed signs of cooling.

· 1d

A Top Fed Official Is Ready to Dissent Against Jerome Powell

· 15h

Fed Newly Defends Renovations as White House Intensifies Attacks

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, saying he sees no reason for the Federal Reserve chair to step down. “There’s nothing that tells me that he should step down right now,

Bessent Says Powell Should Finish Out Term if He Wants

Treasury Secretary Scott Bessent said Tuesday that embattled Federal Reserve Chair Jerome Powell should finish out his term if he wants. “If he wants to see that through, I think he should. If he wants to leave early,

1don MSN

Treasury Secretary Bessent bashes Fed 'fear mongering' over tariffs and says central bank should be reviewed

US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and the potential for higher inflation.

12hon MSN

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 after Bessent called for a r