U.S. Treasury Secretary Scott Bessent said he isn’t calling for a series of interest-rate cuts from the Federal Reserve, just ...

Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – ...

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

The S&P 500 increased 0.9% (up 9.7% y-t-d), and the Dow rose 1.7% (up 5.6%). The Utilities declined 0.8% (up 12.9%).

Fed Chair Jerome Powell used the central bank's annual Wyoming research conference to promise inflation-fighting rigor when ...

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

I think we could go into a series of rate cuts here, starting with a 50 basis-point rate cut in September,” Bessent said in a ...

The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...

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 ...

Powell’s term as chairman of the US central bank expires in May 2026, and the Trump administration – already interviewing potential replacements – is casting a “very wide net” in the search for his ...

It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment ...

US Treasury Secretary Scott Bessent says there are 10 or 11 candidates under consideration to succeed Jerome Powell when his term as Federal Reserve Chair ends in May. He says both current Fed ...