President Donald Trump said Scott Bessent was an option to replace Jerome Powell as head of the Federal Reserve, but ...

The Trump administration has formally begun the search for a successor to Federal Reserve Chair Jerome Powell, whose term ...

President Donald Trump said Scott Bessent was an option to replace Jerome Powell as head of the Federal Reserve but suggested ...

President Trump said Scott Bessent could potentially lead the Federal Reserve but the former hedge-fund manager wasn't his ...

Scott Bessent, before assuming his role as the Treasury Secretary, spent his career in finance, working for macro investment ...

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

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

The US Treasury secretary expects tariffs and growth to boost government revenue, while banks and monetary innovation keep borrowing costs in check. The scheme evokes the 18th-century Scottish ...

Experts weigh in on how the housing market could react if Fed Chair Jerome Powell is dismissed, and they point to economic ...

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

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

With the unemployment rate low and inflation above the Fed's 2% target, U.S. central bank officials have been reluctant to ...