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Secy. Bessent shrugs off Trump’s attacks on Fed Chair Powell

'Not going to fire him': Secy. Bessent shrugs off Trump’s attacks on Fed Chair Powell

Bessent says manufacturers and retailers are absorbing costs—and that Trump “won’t fire” Fed Chair Powell, despite public pressure.

· 2h · on MSN

Trump administration not in a rush to replace Powell, Treasury chief Bessent says

· 19h · on MSN

Why Bessent is now saying Powell doesn’t need to resign from Fed

· 1h

Bessent Sees Many ‘Strong Candidates’ to Succeed Powell

US Treasury Secretary Scott Bessent says there are a lot of candidates on the Federal Reserve board and within the regional banks that could become the potential next Fed chair and talks about Jerome...

· 21h

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

· 2h

Bessent Says ‘No Rush’ to Choose Successor to Fed Chair Powell

· 19h

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.

· 22h

Trump says Fed's Powell will be out in 8 months

· 1d

Trump Ally Wants Powell Investigated by the Justice Department

China, Scott Bessent and Tariff

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CNBCTV18 · 13m

US Treasury Secretary Scott Bessent: China trade talks in ‘Good Place’ ahead of Stockholm meeting

US Treasury Secretary Scott Bessent in an interview with MSNBC spoke about how the ongoing trade negotiations with China were going well and the two countries will now look to tackle broader economic issues.

· 1d

Treasury's Bessent says Aug. 12 China tariff deadline likely to be extended; talks set for next week

· 13h · on MSN

Bessent Sees China Tariff Truce Extended in Sweden Next Week

Fed, Bessent

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· 1d

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.

· 1d · on MSN

Bessent calls on Fed to do comprehensive review of its mission

· 16h

Amid calls for Powell’s ouster, Bessent says Fed chief should serve out his term

· 1d

Bessent Sees No Reason Powell Should Step Down From Fed

Mohamed El-Erian, of all people, say that if the chair Powell's objective is to safeguard the Fed's operational autonomy, which he deems vital, he says, then he should resign.

· 2d

Treasury Secretary Scott Bessent calls for a review of 'the entire' Federal Reserve

· 1d

US Treasury Chief Says No Reason For Fed Chair To Step Down

Independent Journal Review1h

Scott Bessent Swats Down Jonathan Lemire’s Gotcha Questions On Fed Chair

Treasury Secretary Scott Bessent dismissed MSNBC host Jonathan Lemire’s negatively framed questions on Wednesday about President Donald Trump’s stance against

3hon MSN

US Treasury's Bessent says Trump has leverage with tariff rates

U.S. President Donald Trump has created a lot of leverage on trade with his letters on tariff rates, U.S. Treasury Secretary Scott Bessent told Bloomberg Television in an interview on Wednesday.

3hon MSN

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 week.

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14h

‘Trade’s in a Very Good Place With China,’ Says Treasury Secretary Bessent

Treasury Secretary Scott Bessent said he would soon meet top Chinese officials to extend the two countries' trade truce. “China, that deal expires on Aug. 12 and I’m going to be in Stockholm on Monday

Stocks Rise, Bessent on Japan Deal, Lutnick Sees a Model for EU, More

Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.

17h

Bessent wants deeper US bank reforms

US Treasury Secretary Scott Bessent on Monday called for deeper reforms of what he called an antiquated financial regulatory system and says regulators should consider scrapping a "flawed" Biden-era proposal for a dual capital requirement structure for banks.

18h

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 for him to step down before his term ends in May. However, Bessent suggested Powell has a chance to cement his legacy by reforming the Fed’s non-monetary functions.

21hon MSN

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 Secretary Scott Bessent called Powell "good public servant" suggesting he finish his term.