News

U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury ...
Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve after getting caught in the ...
U.S. Treasury Secretary Scott Bessent on Monday called for deeper reforms of what he called an antiquated financial ...
This comes as President Donald Trump has sharply criticized the building renovations of the Fed building, using the project ...
Treasury Secretary Scott Bessent called for a full review of the Federal Reserve system. He said on CNBC’s Squawk Box, “I think what we need to do is examine the entire Federal Reserve institution and ...
Lawrence Summers backed Treasury Secretary Scott Bessent’s questioning of the Federal Reserve’s non-monetary policy activities, saying that there were some areas that are distinct from the broader ...
US Treasury Secretary Scott Bessent on Monday called for deeper reforms of what he called an antiquated financial regulatory ...
“Bessent is trying to show Trump there is a path to get what he wants without unnecessary market turmoil,” said Stephen Myrow ...
Corporate loan demand across the Eurozone increased in the second quarter according to the European Central Bank’s latest quarterly survey of 155 major lenders. “Loan demand was supported by declining ...
El-Erian says Fed chair could expose central bank to greater threats if he stays on amid increasing pressure from White House ...
US Treasury Secretary Scott Bessent stated that Federal Reserve Chair Jerome Powell need not resign. This statement comes ...
Treasury Secretary Scott Bessent is taking aim at the Federal Reserve and the rules the Fed enforces as a supervisor of big ...