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Bessent backs Fed independence on rates

Bessent backs Fed independence on rates amid Trump criticism

Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve o after getting caught in the crossfire between President Trump and the Wall Street Journal. Bessent said

ABC News on MSN · 2h

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

This comes as President Donald Trump has sharply criticized the building renovations of the Fed building, using the project to threaten Fed Chair Jerome Powell’s role as he continues to publicly fume over Powell not cutting interest rates.

MarketWatch on MSN · 1h

Bessent tries to show Trump ‘he can get what he wants’ at the Fed without causing market turmoil

The comments indicate Bessent is walking a tightrope by trying to be sympathetic to President Trump’s opposition to Powell, while at the same time understanding that firing the

China, Scott Bessent and Stockholm

Reuters on MSN · 5h

US, China to discuss tariff deadline extension in Stockholm, Bessent says

U.S. Treasury Secretary Scott Bessent said on Tuesday that he will meet his Chinese counterpart next week in Stockholm and discuss what is likely to be an extension of an August 12 deadline for a deal to avert sharply higher tariffs.

NBC New York · 6h

Bessent says Aug. 12 China tariff deadline likely to be extended, talks planned in Stockholm

Treasury Secretary Scott Bessent said the U.S. is likely to hash out an extension of President Donald Trump’s upcoming trade deadline with China.

Forbes on MSN · 4h

China Tariff Deal ‘Likely’ Will Be Extended, Bessent Says—But Others Will Still Take Effect Aug. 1

The Trump administration’s trade deal with China that sharply lowered the tariff rate on Chinese imports is expected to be extended past its Aug. 12 deadline, Treasury Secretary Scott Bessent predicted Tuesday,

Scott Bessent, Federal Reserve

Yahoo · 9h

Treasury Secretary Scott Bessent calls for thorough review of Federal Reserve: 'Why has this happened?'

Center for Renewing America CEO Eric Teetsel weighs in on the Trump administration's intensifying conflict with the Federal Reserve and their upcoming court battle against Harvard University.

Bloomberg on MSN · 20h

Bessent Says Review of Fed’s Building Renovations Is Needed

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

POLITICO on MSN · 21h

Bessent calls on Fed to do comprehensive review of its mission

The Trump administration has been turning up the heat on Fed Chair Jerome Powell, who has held interest rates steady this year.

6hon 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 ...

1don MSN

Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance

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

Independent Journal Review23h

Scott Bessent Brutalizes His Biden-Era Predecessor After She Invokes China In Attempt To Get At Trump

Treasury Secretary Scott Bessent blasted former Treasury Secretary Janet Yellen in response to her criticizing the Trump ...

1don MSN

Scott Bessent focused on ‘quality of the deal, not the timing’ on tariffs

Treasury Secretary Scott Bessent assured that the administration is more focused on “high-quality deals” for tariffs than ...

InvestmentNews5h

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

One of the favorites to replace the Fed chair offered tempered support amid continued attacks from President Trump and ...

1hon MSN

Trump vs Jerome Powell: Scott Bessent softens tone; suggests Fed chief 'shouldn’t step down right now’

US Treasury Secretary Scott Bessent stated that Federal Reserve Chair Jerome Powell need not resign. This statement comes ...

2hon 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 ...

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 if he wants. “If he wants to see that through, I think he should. If he ...

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