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The Wall Street Journal reported on Saturday that Bessent made clear his concerns about firing the Fed chairman in private talks with the president last week.
Treasury Secretary Scott Bessent advised President Trump against firing Federal Reserve Chair Jerome Powell, arguing that ...
Trump is ramping up his attacks on the WSJ days after suing them over an article in which they reported that Trump wrote a ...
Jerome Powell has long been a target of President Donald Trump, who has repeatedly criticized the Fed chair for not cutting interest rates.
Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next ...
In a shocking turn of events, turns out Treasury Secretary Scott Bessent is the reason Jerome Powell still has a job today. While the White House was stirring ...
Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on ...
The US Treasury secretary expects tariffs and growth to boost government revenue, while banks and monetary innovation keep borrowing costs in check. The scheme evokes the 18th-century Scottish ...
Experts weigh in on how the housing market could react if Fed Chair Jerome Powell is dismissed, and they point to economic ...
Kevin Hassett, one of President Trump’s longest-serving economic aides, is the early front-runner to replace Jerome Powell as ...
President Trump said Scott Bessent could potentially lead the Federal Reserve but the former hedge-fund manager wasn't his ...
President Trump appears to be inching closer to firing Jerome Powell as Federal Reserve chair, according to news reports and ...