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Scott Bessent, Federal Reserve

Bessent calls for internal review of Fed and 'deeper reforms' of big bank rules

Treasury Secretary Scott Bessent on Monday took aim at both the Federal Reserve and the rules the Fed enforces as a supervisor of big banks. He said on X that there should be a review of the central bank’s $2.

· 19h

Treasury Secretary Scott Bessent calls for a review of 'the entire' Federal Reserve

· 12h

Bessent Calls For Review of Fed’s Building Renovations

Bessent says there's no reason for Fed chair to resign

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· 2h · on MSN

Trump admin live updates: Bessent says there's no reason for Fed chair to resign

President Donald Trump will hold events with the president of the Philippines at the White House and then have a reception with Republican lawmakers on Tuesday.The president also continues to face backlash from his MAGA supporters over his administration's handling of files related to the investigation into Jeffrey Epstein.

· 6m

Bessent backs Fed independence on rates amid Trump criticism

· 1d · on MSN

Bessent: The Trump administration should look into the Fed’s ‘many mistakes’

· 1h

Trump says Fed's Powell will be out in 8 months

U.S. Federal Reserve Chair Jerome Powell is a "numbskull" who has kept interest rates too high, but he will be out in eight months, President Donald Trump said at a news conference on Tuesday.

· 13h

Why a $2.5bn refurbishment of the Federal Reserve could be Jay Powell’s undoing

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A Top Fed Official Is Ready to Dissent Against Jerome Powell

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Trump denies report that Bessent advised him against firing Powell

Trump trashed the report in a Truth Social post on Sunday, particularly the suggestion that Bessent had to “explain” the negative market effects such a removal would cause.

· 1d

US Treasury's Bessent says Federal Reserve needs to be examined as an institution

· 1d

Jerome Powell referred for criminal charges by GOP House member - report

Fed, Powell

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· 5m

Bessent sees no reason for Jerome Powell to step down from US Fed now

The Treasury chief on Monday called for an internal review of the Fed's non-monetary activities, including the renovation project

· 5h

US Treasury Chief: No Need for Fed's Powell to Step Down Right Now

· 11h

Fed reform may move markets more than Powell ouster

2hon MSN

Summers Says Bessent Right to Question Fed on Its ‘Overreach’

Lawrence Summers backed Treasury Secretary Scott Bessent’s questioning of the Federal Reserve’s non-monetary policy activities, saying that there were some areas that are distinct from the broader issue of central bank independence.

22mon MSN

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 Secretary Scott Bessent called Powell "good public servant" suggesting he finish his term.

4hon MSN

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 administration.

1don MSN

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 the potential for higher inflation.