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Trump, Bessent and Fed

· 4h · on MSN

How Bessent Made the Case to Trump Against Firing Fed Chair Powell

Treasury Secretary Scott Bessent told the president privately in recent days that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.

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· 2h · on MSN

Bessent tried to dissuade Trump from firing Powell: WSJ

· 3d · on MSN

Trump: Bessent an option to replace Fed chair, 'but I like the job he's doing'

4don MSN

Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started

Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome ...

4don MSN

Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.

4d

Treasury Secretary Scott Bessent says don't read too much into one month's inflation data

Treasury Secretary Scott Bessent, in an interview on Bloomberg Television, said he hasn't looked at the CPI number that's ...

2d

Hassett grabs pole position in race to be Trump’s new Fed chair

Kevin Hassett, one of President Trump’s longest-serving economic aides, is the early front-runner to replace Jerome Powell as ...

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