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U.S. Treasury Secretary Scott Bessent on Monday called for deeper reforms of what he called an antiquated financial ...
Secretary says regulators should consider scrapping a dual capital requirement structure for banks proposed during the Biden ...
US Treasury Secretary Scott Bessent said on Monday that deeper reforms of an antiquated financial regulatory system are ...
U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its ...
President Donald Trump, some days back, reportedly wanted to fire Fed chair Jerome Powell, but did not go through with it.
Bessent is the founder and CEO of hedge fund Key Square Group, and he served as an economic adviser to Trump’s campaign. Powell was appointed to the Federal Reserve in 2017 by Trump.
U.S. Federal Reserve Chair Jerome Powell is a "numbskull" who has kept interest rates too high, but he will be out in eight ...