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

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Treasury Secretary Scott Bessent said Tuesday that President Donald Trump has no plan to fire Federal Reserve Chair Jerome ...

WASHINGTON] US Treasury Secretary Scott Bessent suggested that Federal Reserve chair Jerome Powell should step down from the ...

President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent could be a candidate to replace Federal Reserve ...

However, Powell’s term as Fed governor is till January 2028, allowing him to legally be a part of monetary policy decisions ...

US Treasury Secretary Scott Bessent suggested that Federal Reserve Chair Jerome Powell should step down from the central bank’s board when his term as chair is up in May 2026.“Traditionally, the Fed ...

US President Donald Trump said that Treasury Secretary Scott Bessent is among the potential candidates to replace Jerome Powell as Chair of the Federa ...

Asked by a reporter whether Bessent was the top option, Trump responded, “Well, he’s not, because I like the job he’s doing.” ...

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

Mr Trump has repeatedly urged current US Federal Reserve Chairman Jerome Powell to resign. Read more at straitstimes.com.

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