News

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 ...
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 ...
Bessent Says Review of Fed’s Building Renovations Is Needed
Treasury Secretary Scott Bessent said in a social media post Monday that there should be a review of the decision to renovate ...
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 ...
Janet Yellen salutes Powell being ‘completely committed to the Fed’s independence’
Former Treasury Secretary Janet Yellen supported Federal Reserve Chairman Jerome Powell finishing his term, which is up in May 2026.
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 Fed needs exhaustive review of non-monetary policy operations
U.S. Treasury Secretary Scott Bessent on Monday called on the Federal Reserve to conduct an exhaustive review of its ...
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 ...