News

Bessent says Powell doesn't need to resign but should conduct internal review
There have been no indications from Powell that he plans to step down despite a barrage of criticism from the Trump ...
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 ...
Bessent tamps down Powell threats
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Bessent: ...
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 ...
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 ...
Powell to leave Fed chair in May, nominee announcement expected in December or January: Secretary Bessent
U.S. Treasury Secretary Scott Bessent breaks down President Donald Trump’s trade deals, Federal Reserve chair Jerome Powell ...
What Powell is telling allies as Trump pressures him to resign
Federal Reserve Chair Jerome Powell has told multiple associates and allies that there’s no chance he will bow to President ...