News

Bessent, asked about Fed chair job, says 'I would like to stay' Treasury secretary until 2029
Treasury Secretary Scott Bessent told lawmakers he would like to remain in his seat until 2029, but he also did not dismiss ...
Bessent is rumored to head the Fed. Is the central bank's independence threatened?
At the heart of the debate over Bessent's appointment is the thorny question of the central bank's independence. Trump has ...
Bessent condemns Newsom's 'dangerous' threat to withhold $80B in federal taxes amid trans athlete controversy
Treasury Secretary Bessent warns Gov. Newsom that withholding federal tax payments over Trump's proposed transgender athlete ...
Paul Tudor Jones Says Bessent Is Likely Trump Pick for Fed Chair
Paul Tudor Jones said President Donald Trump is likely to appoint an “uber dovish” Federal Reserve chair to accommodate his ...
Scott Bessent is winning Treasury’s debt ceiling race against time
Treasury Secretary Scott Bessent's toughest negotiating partner is Congress, and the contest is his race to finance the ...
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What if … the Treasury secretary also ran the Fed?
Reports that the White House is considering naming Treasury Secretary Scott Bessent as the next chair of the Federal Reserve ...
Trump eyes Cabinet member to replace 'Mr Too Late' Powell at the Fed: report
Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who he has criticized over interest rates.