Treasury Secretary Scott Bessent said he and President Trump are considering who would lead the Federal Reserve next. “We think about it all the time,” Bessent said in a Bloomberg TV interview Monday ...

Bessent said he was not concerned about Trump ousting Powell or challenging the independence of the Fed. But he said he did ...

U.S. Treasury Scott Bessent is privately meeting with banking regulators as he pushes to streamline oversight and ease ...

U.S. Treasury Secretary Scott Bessent confirmed on Friday that Deputy Treasury Secretary Michael Faulkender has been ...

Treasury Secretary Scott Bessent has said that China couldn’t sell U.S. Treasuries to destabilize the financial markets, as ...

U.S. Treasury Secretary Scott Bessent signaled that discussions for the next Federal Reserve Chair could begin in the fall, ...

President Donald Trump on Thursday again made clear his disdain for Federal Reserve Chair Jerome Powell, going so far as to ...

Hedge funds typically profit handsomely from the $1 trillion “basis trade,” but the Federal Reserve could be forced to step ...

Treasury Secretary Scott Bessent announced Monday that the White House will begin interviewing applicants later this year to replace Powell when his tenure ends in May 2026.

President Trump again pressed the Federal Reserve to cut interbank lending ... according to Treasury Secretary Scott Bessent. Bessent said Tuesday that the administration will take into account ...

President Trump turned up the pressure on Federal Reserve Chair Jerome Powell again on Thursday, saying in a social media ...