News

Bessent tried to dissuade Trump from firing Powell: WSJ
Jerome Powell has long been a target of President Donald Trump, who has repeatedly criticized the Fed chair for not cutting interest rates.
Trump Says Bessent Is ‘an Option’ for Fed Chair but Not His Top Choice
President Trump said Scott Bessent could potentially lead the Federal Reserve but the former hedge-fund manager wasn't his ...
Opinion
Scott Bessent debt plan has awkward historic echo
The US Treasury secretary expects tariffs and growth to boost government revenue, while banks and monetary innovation keep borrowing costs in check. The scheme evokes the 18th-century Scottish ...
CNBCTV184d
Scott Bessent is not top Fed candidate but ‘very good,’ Trump says
President Donald Trump said Scott Bessent was an option to replace Jerome Powell as head of the Federal Reserve, but ...
Treasury Secretary Scott Bessent says don't read too much into one month's inflation data
Treasury Secretary Scott Bessent, in an interview on Bloomberg Television, said he hasn't looked at the CPI number that's ...
Bessent teases new Aug. 1 deadline for tariffs, says Fed chair can’t cut rates like Trump wants
Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the ...
Hassett grabs pole position in race to be Trump’s new Fed chair
Kevin Hassett, one of President Trump’s longest-serving economic aides, is the early front-runner to replace Jerome Powell as ...
What a Trump, Powell faceoff means for your money
Amid a fresh set of attacks on Fed Chair Jerome Powell came reports that President Donald Trump might fire the central banker ...