Federal Reserve, Scott Bessent
Digest more
Bessent says there's no reason for Fed chair to resign
Digest more
Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chair to step down. “There’s nothing that tells me that he should step down right now,
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.
Treasury Secretary Scott Bessent said Tuesday that embattled Federal Reserve Chair Jerome Powell should finish out his term if he wants. “If he wants to see that through, I think he should. If he wants to leave early,
8hon MSN
US President Donald Trump intensified his criticism of Fed Chair Jerome Powell, calling him a “numbskull” and blaming him for high interest rates. Trump suggested Powell will be “out in eight months”.