News

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, ...
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 ...
Scott Bessent backs Jerome Powell: 'There's nothing that tells me he should step down right now’
Amid tensions with the White House, Treasury Secretary Scott Bessent backed Fed Chair Jerome Powell, saying there's no need ...
10-year Treasury yield ticks higher after Bessent reassures market over Powell's position
Treasury yields were broadly higher as traders turn their attention to the Federal Reserve’s monetary policy meeting next ...
Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance
"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told ...
Trump Flips Out Over WSJ Report Detailing 1 Piece Of Advice He Got From Scott Bessent
President Donald Trump on Sunday disputed a Wall Street Journal story alleging that Treasury Secretary Scott Bessent urged ...
CNBC Daily Open: Investors dismiss Trump administration's beef with the Fed — S&P 500 hits new high
The S&P 500's record close comes despite the Trump administration's beef with threats on the Fed and its use of tariffs as a ...