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Powell to leave Fed chair in May, nominee announcement expected in December or January: Secretary Bessent
U.S. Treasury Secretary Scott Bessent breaks down President Donald Trump’s trade deals, Federal Reserve chair Jerome Powell ...
Trump administration not in a rush to replace Powell, Treasury chief Bessent says
U.S. Treasury Secretary Scott Bessent said on Wednesday that the Trump administration was not in a rush to nominate a new ...
Bessent tamps down Powell threats
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Bessent: ...
'Not going to fire him': Secy. Bessent shrugs off Trump’s attacks on Fed Chair Powell
Treasury Secretary Scott Bessent joins Morning Joe to defend President Trump’s aggressive trade strategy, insisting “who pays ...
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 ...
10-year Treasury yield ticks higher after Bessent reassures market over Powell's position
Treasury yields were broadly higher as traders turn their attention to the Federal Reserve’s monetary policy meeting next ...
The Trump-Powell feud has entered a strange new chapter
The Trump administration is sending mixed messages about whether Fed Chair Jerome Powell should stay with the central bank ...
Bessent to visit Stockholm for China trade talks; rejects push for Powell's exit
U.S. Treasury Secretary Scott Bessent said Tuesday he will travel to Stockholm next week for a third round of trade talks ...