News

Trump confirms Scott Bessent won't replace Powell as Fed chair amid rising tensions with central bank
Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role ...
Bessent says new Fed chair should be someone who can examine organization, Nikkei reports
U.S. Treasury Secretary Scott Bessent said the new Federal Reserve chair should be someone "who can examine the whole ...
Trump Says Treasury’s Bessent Rules Out Replacing Powell at Fed
With Treasury Secretary Scott Bessent not in the running, President Trump said that he has narrowed his list of replacements ...
Bessent won’t replace Powell as Fed chair, Trump says: ‘I love Scott, but he wants to stay where he is’
The Treasury secretary has said he has “the best job in Washington,” although he has often been floated as a name for the top ...
Bessent says U.S. aims to wrap up trade talks by late October: Nikkei
The United States plans to finalize negotiations with countries still without trade agreements by the end of October, ...
Bessent leads broad search for Fed chair that includes Bullard, Sumerlin
U.S. Treasury Secretary Scott Bessent is leading a search for a successor to Federal Reserve Chair Jerome Powell, with an ...
Trump says he had only a few people in mind to replace Powell, but Bessent now says it’s a ‘long list’
In the interview, Bessent again noted that Trump has said he is not going to fire Powell. The president reportedly openly mulled the idea of firing the Fed chair in a meeting with lawmakers last week, ...
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 CNBC's Squawk Box.
Trump rules out Bessent as next Fed chair, says may name Powell replacement soon
President Trump said he's down to four potential replacement for Fed Chair Jay Powell, but ruled out Treasury Secretary Scott ...
How Bessent Made the Case to Trump Against Firing Fed Chair Powell
Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on ...
Why Bessent is now saying Powell doesn’t need to resign from Fed
In the battle over the future of Federal Reserve Chair Jerome Powell, Treasury Secretary Scott Bessent appears to be focused on the long game.
New Fed Chair should be able to examine organization, Bessent says - Nikkei
Investing.com - The new chair of the Federal Reserve should be a person who can examine the "whole organization" because the central bank’s broad mission has gone beyond monetary policy and threatened ...