News

Bessent Is Not Top Fed Candidate But ‘Very Good,’ Trump Says
President Donald Trump said Scott Bessent was an option to replace Jerome Powell as head of the Federal Reserve but suggested ...
Trump eyes opportunity to oust Powell in $700 million overrun on Fed building extension
President Donald Trump may have found a way to oust Federal Reserve Chairman Jerome Powell, whom he has long criticized for ...
Trump says $2.5 billion Fed renovation 'sort of is' a fireable offense for Powell
President Trump on Tuesday told reporters that Jerome Powell’s handling of a $2.5 billion renovation of the Federal Reserve headquarters “sort of is” a fireable offense, and reportedly asked some GOP ...
Hassett Grabs Pole Position in Race to Be Trump’s New Fed Chair
Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome ...
South Africa's Kganyago asserts Africa's G20 agenda despite tariffs and Bessent absence
South African Reserve Bank Governor Lesetja Kganyago said on Wednesday that an "African agenda" including climate change and ...
Trump reportedly plans to fire Fed Chair Powell 'soon' as pressure increases on the central bank
President Trump appears to be inching closer to firing Jerome Powell as Federal Reserve chair, according to news reports and his own comments. Bloomberg reported that the president is likely to fire ...
Bessent Says Trump and Soros Have Something in Common: Impatience
Treasury Secretary Scott Bessent told a room full of billionaires in Sun Valley that President Donald Trump shares a ...
Bessent drops a key line about trade deadlines that investors should pay attention to
That looming U.S.-China trade deadline? Don’t think too much about it, Treasury Secretary Scott Bessent is counseling ...