News

Treasury's Bessent thinks Fed's view of tariffs on inflation is 'off'
Treasury Secretary Scott Bessent doesn't understand why tariffs would cause the Federal Reserve to delay interest rate cuts. ...
Trump administration eyeing a ‘long list’ of candidates to replace Powell, Bessent says
The White House is casting a wider net in its search for a replacement for Federal Reserve Chair Jerome Powell than is ...
Bessent: Trump ‘not going to fire’ Powell
Treasury Secretary Scott Bessent on Wednesday insisted that President Trump isn’t going to fire Federal Reserve Chair Jerome Powell, but suggested that the pressure on the Fed to lower interest ...