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Fed, Scott Bessent and Treasury Secretary

Treasury Secretary Scott Bessent says Trump considered re-appointing Janet Yellen as Fed chair

President Trump has a “very open mind” about who should replace Federal Reserve Chairman Jerome Powell and he’s even considered Janet Yellen for the post, Treasury Secretary Scott Bessent revealed Tuesday.

Fox Business on MSN · 3d

Treasury Secretary Scott Bessent pushes back on claims he’s pressuring the Fed to slash rates

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 basis points below current levels.

UPI · 4d

Treasury Secretary Bessent wants the Fed to lower its lending rate

The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary Scott Bessent said on Wednesday.

4don MSN

Bessent says Trump Fed appointments will 'change the narrative' on monetary policy direction

President Trump's looming changes to the Federal Reserve are "going to change the narrative," Treasury Secretary Scott ...

12don MSN

Bessent won’t replace Powell as Fed chair, Trump says: ‘I love Scott, but he wants to stay where he is’

The Treasury secretary has said he has “the best job in Washington,” although he has often been floated as a name for the top ...

4don MSN

Bessent calls for steep interest rate cuts

Treasury Secretary Scott Bessent said Wednesday that short-term interest rates should be between 1.5 percentage points and 1.75 percentage points lower than their current level, keeping up the ...

2hon MSN

Powell has used Jackson Hole to battle inflation and buoy jobs; he's now caught between both

By Howard Schneider WASHINGTON (Reuters) -Fed Chair Jerome Powell used the central bank's annual Wyoming research conference ...

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