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Bessent urges Fed to slash rates next month

Bessent urges Fed to slash rates next month, with ideal goal ‘150, 175 basis points lower’

Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – breaking from his zipped-lip stance on the Fed’s monetary agenda. Bessent said the central bank’s target rate should be at least 1.

Cryptopolitan on MSN · 2d

Bessent says next Fed chair must look beyond rates

U.S. Treasury Secretary Scott Bessent says the next leader of the Federal Reserve should be someone capable of taking a broad view of the institution beyond

The Hill on MSN · 2h

Bessent calls for steep interest rate cuts

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 Trump administration’s pressure campaign on the Federal Reserve.

Trump's search to replace Fed Chair Powell continues

Fox Business on MSN · 8d

Trump confirms Scott Bessent won't replace Powell as Fed chair amid rising tensions with central bank

Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role as Jerome Powell succession process begins.

AOL · 1h

Trump's search to replace Fed Chair Powell continues as new report says up to 11 names under consideration

The search for the next Fed chair continues to widen, with reports adding new private-industry names to the mix.

Forbes on MSN · 1d

Trump Might Greenlight ‘Major Lawsuit’ Against Fed Chair Jerome Powell

President Donald Trump said he’s looking at a “major lawsuit” against Federal Reserve Chair Jerome Powell over the agency’s over-budget remodel of its Washington headquarters, which has become a prominent attack line for Trump and his allies against Powell.

2hon MSN

Bessent says Trump Fed appointments will 'change the narrative' on monetary policy direction

President Trump's looming changes to the Federal Reserve are "going to change the narrative," Treasury Secretary Scott Bessent weighs in on the appointment process.

15hon MSN

Treasury Secretary Scott Bessent says Trump considered re-appointing Janet Yellen as Fed chair

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 ...

Crypto Briefing16h

Treasury Secretary Bessent says Fed should consider 50-basis-point rate cut as job market shows signs of weakness

Treasury Secretary Bessent urges a Fed rate cut of 50 basis points in September, citing weak jobs data and stable inflation ...

23don MSN

Treasury Secretary Bessent bashes Fed 'fear mongering' over tariffs and says central bank should be reviewed

US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and the potential for higher inflation.

12h

Trump Even Considered Re-Appointing Janet Yellen as Fed Chair in Jerome Powell's Place, Treasury Secretary Scott Bessent Says

Yellen, 79, led the Federal as chair from February 2014 to February 2018, serving under former President Barack Obama and ...

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