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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 ...

Bessent Says ‘No Rush’ to Choose Successor to Fed’s Powell

Treasury Secretary Scott Bessent said that there’s “no rush” to identify a successor to Federal Reserve Chair Jerome Powell, ...

Trump administration not in a rush to replace Powell, Treasury chief Bessent says

U.S. Treasury Secretary Scott Bessent said on Wednesday that the Trump administration was not in a rush to nominate a new ...

Bessent tamps down Powell threats

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Bessent: ...
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Treasury Secretary Scott Bessent Calls for ‘Internal Review’ of Federal Reserve As Pressure on Jerome Powell Mounts

U.S. Treasury Secretary Scott Bessent is calling for a review of the central bank's operations as Federal Reserve Chair ...

Trump And Scott Bessent Take Turns Hammering Jerome Powell As Against Fed Chair Heats Up

In the Oval Office, President Trump and Treasury Sec. Scott Bessent had tough words for Fed Chair Jerome Powell.

Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.

Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started

Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome ...