News

Bessent: The Trump administration should look into the Fed’s ‘many mistakes’
Treasury Secretary Scott Bessent said Monday he believes the Federal Reserve system should be reviewed for potentially holding back the US economy, which is “on the cusp” of growth that could equal ...
Treasury Secretary Scott Bessent on U.S. trade talks: Quality of deals more important than timing
Treasury Secretary Scott Bessent joins 'Squawk Box' to discuss the latest developments on U.S. trade negotiations, impact of ...
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 ...
Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started
Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome ...
Cryptopolitan on MSN1d
Treasury Secretary Scott Bessent was the one who stopped Trump from firing Powell
In a shocking turn of events, turns out Treasury Secretary Scott Bessent is the reason Jerome Powell still has a job today. While the White House was stirring ...
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 ...
Trump: Bessent an option to replace Fed chair, 'but I like the job he's doing'
President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent could be a candidate to replace Federal Reserve ...
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 “Liberation Day” tariffs against countries that failed to cut ...