Scott Bessent, Trump and Powell
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Treasury Secretary Scott Bessent dismissed MSNBC host Jonathan Lemire’s negatively framed questions on Wednesday about President Donald Trump’s stance against
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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 CNBC's Squawk Box.
US Treasury Secretary Scott Bessent in an interview with MSNBC spoke about how the ongoing trade negotiations with China were going well and the two countries will now look to tackle broader economic issues.
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Cryptopolitan on MSNUS bond market surges after Scott Bessent said Powell isn’t going anywhere
The bond market shook off its panic and pushed upward on Wednesday after Scott Bessent, the U.S. Treasury Secretary, told everyone that Jerome Powell is not
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Treasury yields were broadly higher as traders turn their attention to the Federal Reserve’s monetary policy meeting next week.
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Scott Bessent backs Jerome Powell: 'There's nothing that tells me he should step down right now’
Amid tensions with the White House, Treasury Secretary Scott Bessent backed Fed Chair Jerome Powell, saying there's no need for him to step down before his term ends in May. However, Bessent suggested Powell has a chance to cement his legacy by reforming the Fed’s non-monetary functions.
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,
There have been no indications from Powell that he plans to step down despite a barrage of criticism from the Trump administration.