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Federal Reserve, Trump and Bessent

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Trump admin live updates: Bessent says there's no reason for Fed chair to resign
Bessent expressed his support for Powell amid ongoing criticism from Trump administration officials, stating that he sees no reason for the Federal Reserve chair to resign.

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Bessent tries to show Trump ‘he can get what he wants’ at the Fed without causing market turmoil
Bessent: The Trump administration should look into the Fed’s ‘many mistakes’

China, Scott Bessent and Tariff

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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.

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China Tariff Deal ‘Likely’ Will Be Extended, Bessent Says—But Others Will Still Take Effect Aug. 1
Bessent Sees China Tariff Truce Extended in Sweden Next Week

Bessent disses 'leakers'

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Trump Flips Out Over WSJ Report Detailing 1 Piece Of Advice He Got From Scott Bessent
The Journal on Sunday published a report claiming that Bessent had recently made his case to Trump against Powell’s removal, citing potential effects on the economy, the legal challenges such a decision would face,

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Bessent disses ‘leakers’ after WSJ report on Powell advice
Trump denies another Journal report, this time on Powell, Bessent

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 ...

Market Voices: Bessent on Powell's future, China; GM on EVs

Seeking Alpha's daily roundup of statements, announcements and remarks that could impact markets, sectors or individual ...

Bessent calls for deeper US bank regulatory reforms, scrapping dual capital requirements

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

Stock Market Today: U.S. Reaches New Trade Pacts; Bessent Sees No Reason for Powell to Leave

Trump’s tariffs and the trade war continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
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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 ...

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 ...
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China Market Update: Hong Kong & Mainland China Grind Higher As Bessent Packs His Bags

Asian equities delivered mixed performance overnight, as Vietnam outperformed on a trade deal, while Taiwan, South Korea, and ...

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 ...