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Trump administration not in a rush to replace Powell, Treasury chief Bessent says
U.S. Treasury Secretary Scott Bessent said on Wednesday that the Trump administration was not in a rush to nominate a new ...
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 ...
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 ...
Bessent tamps down Powell threats
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Bessent: ...
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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 ...
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 ...
Bessent: Trump ‘not going to fire’ Powell
Treasury Secretary Scott Bessent on Wednesday insisted that President Trump isn’t going to fire Federal Reserve Chair Jerome Powell, but suggested that the pressure on the Fed to lower interest ...
Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’
The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.
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 ...