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Jerome Powell, Scott Bessent

Why Bessent is now saying Powell doesn’t need to resign from Fed

“Bessent is trying to show Trump there is a path to get what he wants without unnecessary market turmoil,” said Stephen Myrow, managing partner at Beacon Policy Advisors. That path would involve allowing Powell to finish out his term as chair and stepping down from the Federal Reserve board once his chairmanship is up.

· 5h

Bessent Says Powell Should Finish Out Term if He Wants

· 16h · on MSN

Bessent says Powell doesn't need to resign but should conduct internal review

· 17h

US Treasury Chief: No Need for Fed's Powell to Step Down Right Now

There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said on Tuesday, adding that the Fed chief's legacy should be to right-size the...

· 1d

Trump’s big fiscal dominance play

· 12h

Trump admin live updates: Bessent says there's no reason for Fed chair to resign

· 1d

Trump's Fed attacks puncture veneer of central bank independence

The index, in which 0 is no independence and 1 is total independence, shows the US scoring 0.61.

· 10h

Stock Market Today: U.S. Reaches New Trade Pacts; Bessent Sees No Reason for Powell to Leave

· 11h

Fed chair Jerome Powell resignation letter fake appears to dupe Trump-boosting Republican senator

China, Scott Bessent and Tariff

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· 14h · on MSN

China Tariff Deal ‘Likely’ Will Be Extended, Bessent Says—But Others Will Still Take Effect Aug. 1

The Trump administration’s trade deal with China that sharply lowered the tariff rate on Chinese imports is expected to be extended past its Aug. 12 deadline, Treasury Secretary Scott Bessent predicted Tuesday, though he maintained higher tariff rates on other countries’ imports are still slated to take effect Aug. 1 as scheduled.

· 4h · on MSN

Bessent Sees China Tariff Truce Extended in Sweden Next Week

· 15h

US, China to discuss tariff deadline extension in Stockholm, Bessent says

13hon MSN

Market Voices: Bessent on Powell's future, China; GM on EVs

Seeking Alpha's daily roundup of statements, announcements and remarks that could impact markets, sectors or individual stocks. Read more here.

Independent Journal Review1d

Scott Bessent Brutalizes His Biden-Era Predecessor After She Invokes China In Attempt To Get At Trump

Treasury Secretary Scott Bessent blasted former Treasury Secretary Janet Yellen in response to her criticizing the Trump administration’s economic and

1don MSN

Bessent calls for deeper US bank regulatory reforms, scrapping dual capital requirements

U.S. Treasury Secretary Scott Bessent on Monday called for deeper reforms of what he called an antiquated financial regulatory system and said regulators should consider scrapping a "flawed," Biden-era proposal for a dual capital requirement structure for banks.

12hon MSN

Powell calls for 'safe, sound' U.S. bank system as Bessent shows vague support

U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury Secretary Scott Bessent called Powell "good public servant" suggesting he finish his term.

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The Wall Street Journal

16h

China Market Update: Hong Kong & Mainland China Grind Higher As Bessent Packs His Bags

Asian equities delivered mixed performance overnight, as Vietnam outperformed on a trade deal, while Taiwan, South Korea, and Thailand all lagged amid the absence of new deals.

1don MSN

US Treasury's Bessent calls for review of Fed non-monetary policy operations

U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its "mandate creep" into non-policy areas and he called on the U.S. central bank to conduct an exhaustive review of those operations.

16h

'Trade's In a Very Good Place With China,' Says Treasury Secretary Bessent

U.S. Treasury Secretary Scott Bessent said he would soon meet top Chinese officials to extend the two countries' trade truce. “China, that deal expires on Aug. 12 and I’m going to be in Stockholm on M

Korea Joongang Daily on MSN1d

U.S. more concerned with getting 'high-quality' trade deals than meeting Aug. 1 deadline: Bessent

U.S. President Donald Trump's administration is more concerned with getting "high-quality" deals with trading partners rather than meeting the Aug. 1 negotiation deadline, the treasury secretary said Monday,