News

American Banker4h
What if … the Treasury secretary also ran the Fed?
Reports that the White House is considering naming Treasury Secretary Scott Bessent as the next chair of the Federal Reserve ...
Trump eyes Cabinet member to replace 'Mr Too Late' Powell at the Fed: report
Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who he has criticized over interest rates.
Bessent is rumored to head the Fed. Is the central bank's independence threatened?
At the heart of the debate over Bessent's appointment is the thorny question of the central bank's independence. Trump has ...
Elon Musk body-checked Treasury Secretary Scott Bessent ‘like a rugby player’ during fiery clash at White House: report
The verbal spat turned physical when the world’s richest man thrusted his shoulder into Bessent’s rib cage “like a rugby ...
US Treasury Secretary Scott Bessent says Trump is focused on mortgages, cars, real wage gains
While negotiations are still ongoing, U.S. Treasury Secretary Scott Bessent said that the goal is to drive strategic ...
Trump calls Fed chair a 'numbskull' as he pushes for interest rate cut
President Donald Trump cited new inflation data in continuing to pressure Federal Reserve Chair Jerome Powell to lower ...