President Trump's looming changes to the Federal Reserve are "going to change the narrative," Treasury Secretary Scott ...

I didn’t tell the Fed what to do,” Bessent said Thursday in an interview on Fox Business, referring to his comments a day ...

Treasury Secretary Scott Bessent said Wednesday that short-term interest rates should be between 1.5 percentage points and 1.75 percentage points lower than their current level, keeping up the ...

I think we could go into a series of rate cuts here, starting with a 50 basis-point rate cut in September,” Bessent said in a ...

Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role ...

Powell’s term as chairman of the US central bank expires in May 2026, and the Trump administration – already interviewing potential replacements – is casting a “very wide net” in the search for his ...

Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – ...

Scott Bessent urges the Fed to consider a Fed rate cut in September, citing soft inflation and Trump’s push for faster ...

With President Donald Trump and Treasury Secretary Scott Bessent openly pushing for large cuts, the backdrop for gold is turning even more supportive as gold coils near key resistance. Trump and ...

US Treasury Secretary Scott Bessent says there are 10 or 11 candidates under consideration to succeed Jerome Powell when his term as Federal Reserve Chair ends in May. He says both current Fed ...

Investing.com - The new chair of the Federal Reserve should be a person who can examine the "whole organization" because the central bank’s broad mission has gone beyond monetary policy and threatened ...

Speaking Thursday on Fox Business, Scott Bessent, Treasury Secretary under President Donald Trump, made it clear that the ...