Jerome Powell, Scott Bessent
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Bessent's trade talks with Korea being 'rescheduled'
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Treasury yields were broadly higher as traders turn their attention to the Federal Reserve’s monetary policy meeting next week.
This comes as President Donald Trump has sharply criticized the building renovations of the Fed building, using the project to threaten Fed Chair Jerome Powell’s role as he continues to publicly fume over Powell not cutting interest rates.
U.S. Treasury Secretary Scott Bessent said on Wednesday that the Trump administration was not in a rush to nominate a new Federal Reserve Chair to replace Jerome Powell.
Treasury Secretary Scott Bessent dismissed MSNBC host Jonathan Lemire’s negatively framed questions on Wednesday about President Donald Trump’s stance against
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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 Monday
Treasury Secretary Scott Bessent joins Morning Joe to defend President Trump’s aggressive trade strategy, insisting “who pays the tariffs is a choice” and claiming inflation will remain “very benign.” Bessent says manufacturers and retailers are absorbing costs—and that Trump “won’t fire” Fed Chair Powell,
Seeking Alpha's daily roundup of statements, announcements and remarks that could impact the broader market and individual stocks. Read more here.
3hon MSN
China trade has reached a "good place" with reduced tariffs, but said China's 30% share of global manufacturing is unsustainably imbalanced.