News

Bessent Sees No Reason for Powell to Step Down From Fed Now
Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, ...
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 ...
Bessent Says Powell Should Finish Out Term if He Wants
Treasury Secretary Scott Bessent said Tuesday that embattled Federal Reserve Chair Jerome Powell should finish out his term ...
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 ...
Why Bessent is now saying Powell doesn’t need to resign from Fed
In the battle over the future of Federal Reserve Chair Jerome Powell, Treasury Secretary Scott Bessent appears to be focused ...
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.
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.
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 ...
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 ...