News

Bessent calls for internal review of Fed but doesn't think Powell needs to step down
Treasury Secretary Scott Bessent is taking aim at both the Federal Reserve and the rules the Fed enforces as a supervisor of ...
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 ...
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 ...
Cryptopolitan on MSN35m
The real market risk isn’t Powell, it’s how the Fed might change
Forget the drama about whether Trump fires Powell. That’s the sideshow. The real risk to markets is what happens if the ...
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 ...
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 ...
US Treasury Secretary Scott Bessent says no reason for Fed chair Jerome Powell to resign immediately
Bessent noted that Powell's term as Fed chair ends in May 2026, and that he should see out his full term if he wants to.
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 ...