US Treasury Secretary Scott Bessent has expressed a need to examine the performance of the Federal Reserve, which has maintained a cautious stance on lowering interest rates.

China is a large buyer ‘of sanctioned Iranian oil, sanctioned Russian oil. So we could start discussing that’, said Scott Bessent.

The US treasury chief says the Trump administration prioritises the quality of trade agreements over meeting specific timing.

Fed Chair Jerome Powell faces a criminal referral for perjury over renovation costs, raising questions and boosting odds of a ...

An examination of the Fed is necessary to determine why members have proved unable to “break out of a certain mindset,” Bessent said.

U.S. Treasury Secretary Scott Bessent on Monday called for deeper reforms of what he called an antiquated financial ...

What we need to do is examine the entire Federal Reserve institution and whether they have been successful,’ says Secretary ...

Treasury Secretary Scott Bessent said in a social media post Monday that there should be a review of the decision to renovate ...

U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its ...

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Monday called on the Federal Reserve to conduct an exhaustive ...

"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told ...

But, to hear Trump's Treasury Secretary, Scott Bessent, tell it, Presidents Obama and Biden were "not as economically ...