Federal Reserve, Scott Bessent
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Bessent says there's no reason for Fed chair to resign
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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,
The Treasury secretary is breaking with tradition in publicly assailing the central bank’s policies as President Trump looks for its next leader.
9hon MSN
Trump targets Fed Chair Jerome Powell again, calls him ‘numbskull’, says he’ll be out in 8 months
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”.