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Bessent, Jerome Powell

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.

CNBC on MSN · 7h

Bessent says Powell doesn't need to resign but should conduct internal review

There have been no indications from Powell that he plans to step down despite a barrage of criticism from the Trump administration.

MarketWatch on MSN · 47m

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

The comments indicate Bessent is walking a tightrope by trying to be sympathetic to President Trump’s opposition to Powell, while at the same time understanding that firing the

Bessent backs Fed independence on rates

The Hill on MSN · 5h

Bessent backs Fed independence on rates amid Trump criticism

Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve o after getting caught in the crossfire between President Trump and the Wall Street Journal. Bessent said

ABC News on MSN · 2h

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

This comes as President Donald Trump has sharply criticized the building renovations of the Fed building, using the project to threaten Fed Chair Jerome Powell’s role as he continues to publicly fume over Powell not cutting interest rates.

MarketWatch on MSN · 2h

Bessent tries to show Trump ‘he can get what he wants’ at the Fed without causing market turmoil

The comments indicate Bessent is walking a tightrope by trying to be sympathetic to President Trump’s opposition to Powell, while at the same time understanding that firing the

Bessent eyes government review of Federal Reserve

Yahoo · 9h

Treasury Secretary Scott Bessent calls for thorough review of Federal Reserve: 'Why has this happened?'

Center for Renewing America CEO Eric Teetsel weighs in on the Trump administration's intensifying conflict with the Federal Reserve and their upcoming court battle against Harvard University.

Wall Street Journal · 12h

Bessent Calls for Review of Federal Reserve

The Trump administration ramped up its criticism of the central bank, with Treasury Secretary Scott Bessent calling for a review of the "entire Federal Reserve institution." "I think that what we need to do is examine the entire Federal Reserve institution and whether they have been successful,

Real Clear Politics on MSN · 1d

Bessent: We Need To Reconsider The Entire Institution Of The Federal Reserve

Treasury Secretary Scott Bessent said during a Monday interview on CNBC that we should examine whether the institution of the Federal Reserve has been a success overall.

Bessent, China

NBC New York · 7h

Bessent says Aug. 12 China tariff deadline likely to be extended, talks planned in Stockholm

Treasury Secretary Scott Bessent said the U.S. is likely to hash out an extension of President Donald Trump’s upcoming trade deadline with China.

Reuters on MSN · 8h

Bessent says he will meet Chinese officials, discuss tariff deadline extension

U.S. Treasury Secretary Scott Bessent said on Tuesday that he will meet his Chinese counterpart next week and discuss what is likely to be an extension of an August 12 deadline for higher tariffs.

Forbes on MSN · 5h

China Tariff Deal ‘Likely’ Will Be Extended, Bessent Says—But Others Will Still Take Effect Aug. 1

The Trump administration’s trade deal with China that sharply lowered the tariff rate on Chinese imports is expected to be extended past its Aug. 12 deadline, Treasury Secretary Scott Bessent predicted Tuesday,

1don MSN

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 ...

Independent Journal Review1d

Scott Bessent Brutalizes His Biden-Era Predecessor After She Invokes China In Attempt To Get At Trump

Treasury Secretary Scott Bessent blasted former Treasury Secretary Janet Yellen in response to her criticizing the Trump ...

3hon 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 ...

5hon MSN

Summers Says Bessent Right to Question Fed on ‘Overreach’

Lawrence Summers backed Treasury Secretary Scott Bessent’s questioning of the Federal Reserve’s non-monetary policy activities, saying that there were some areas that are distinct from the broader ...

Daily Express US on MSN8h

Sec. Scott Bessent urges European allies to join the US in implementing tariffs on Russia

Bessent has called upon European allies to join the U.S. in implementing secondary tariffs on Russia should they fail to ...

'Trade's In a Very Good Place With China,' Says Treasury Secretary Bessent

U.S. 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 M ...

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 ...

14h

Fed reform may move markets more than Powell ouster

Changing the way the Federal Reserve operates or assesses the economy may have a more durable impact on policy and markets ...

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Bessent, Jerome Powell

Bessent backs Fed independence on rates

Bessent eyes government review of Federal Reserve

Bessent, China

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