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Bessent Sees No Reason for Powell to Step Down From Fed Now
Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, ...
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 ...
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 ...
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 ...
Jerome Powell must quit to save the Fed, one prominent economist says
The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege.
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 ...
US Treasury's Bessent calls for review of Fed non-monetary policy operations
U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its ...
Scott Bessent calls for probe into ‘the entire Federal Reserve institution’
What we need to do is examine the entire Federal Reserve institution and whether they have been successful,” Bessent told ...