News

Trump: Bessent an option to replace Fed chair, 'but I like the job he's doing'
President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent could be a candidate to replace Federal Reserve ...
Treasury Secretary Scott Bessent says don't read too much into one month's inflation data
Treasury Secretary Scott Bessent, in an interview on Bloomberg Television, said he hasn't looked at the CPI number that's ...
Trump Says Bessent Is ‘an Option’ for Fed Chair but Not His Top Choice
President Trump said Scott Bessent could potentially lead the Federal Reserve but the former hedge-fund manager wasn't his ...
Bessent Is Not Top Fed Candidate But ‘Very Good,’ Trump Says
President Donald Trump said Scott Bessent was an option to replace Jerome Powell as head of the Federal Reserve but suggested ...
Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’
The search for the next leader of the world’s most influential central bank is officially under way, Treasury Secretary Scott ...
Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started
Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome ...
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Scott Bessent is not top Fed candidate but ‘very good,’ Trump says
President Donald Trump said Scott Bessent was an option to replace Jerome Powell as head of the Federal Reserve, but ...
Will Bessent serve as Fed chair, Treasury secretary at the same time?
The possibility that President Trump could replace Federal Reserve Chair Jerome Powell with Treasury Department Secretary Scott Bessent is spinning heads from Washington to Wall Street and ...
Treasury Secretary Scott Bessent confirms search for Fed Chair Jerome Powell’s successor is underway
The Trump administration has formally begun the search for a successor to Federal Reserve Chair Jerome Powell, whose term ...
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US Treasury Secretary Bessent suggests Powell should leave Fed board in May, calls it ‘tradition, formal process’
However, Powell’s term as Fed governor is till January 2028, allowing him to legally be a part of monetary policy decisions ...
Bessent an option to replace Fed chair, ‘but I like the job he’s doing’, says Trump
Mr Trump has repeatedly urged current US Federal Reserve Chairman Jerome Powell to resign. Read more at straitstimes.com.
Who is Scott Bessent? US Treasury Secretary to replace Fed Chair Jerome Powell? Here's what Donald Trump said about him
Scott Bessent, before assuming his role as the Treasury Secretary, spent his career in finance, working for macro investment billionaire George Soros and noted short seller Jim Chanos, as well as ...