News

Fed, Scott Bessent and Imagination

Scott Bessent Wants A Little ‘Imagination’ From The Fed, Expects No Rate Cuts Today
Treasury Secretary Scott Bessent on Wednesday predicted that the Federal Reserve will not deliver rate cuts being sought by the Trump administration, but urged the central bank to be more open in its policymaking approach.
Bessent Not Expecting a Fed Rate Cut Today, Urges ‘Imagination’
Treasury Secretary Scott Bessent said he’s not expecting the Federal Reserve to cut interest rates Wednesday, while calling on the central bank to be more open going forward in their approach toward policymaking.
Treasury Secretary Scott Bessent: Expect an announcement on the next Fed chair by end of year
Treasury Secretary Scott Bessent joins 'Squawk Box' to discuss the state of U.S. trade negotiations amid the looming August 1st tariff deadline, details of the U.S.-South Korea trade deal, takeaways from U.
Bessent backs Fed independence on rates amid Trump criticism
Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve after getting caught in the crossfire between President Trump and The Wall Street Journal. Bessent said
Fed holds interest rates steady, but cut expected soon
The Fed issued its latest interest rate decision after a months-long stretch of data has established the key conditions for a rate cut: falling inflation and slowing job gains. St
Reduced Fed Rate Cut Expectations Bolster the Dollar
The dollar index (DXY00) on Thursday rose by +0.14% and posted a fresh 2-month high. The dollar found support from Thursday’s US economic news that showed a resilient labor market with sticky price pressures and labor costs,

Bessent: The Trump administration should look into the Fed’s ‘many mistakes’

Treasury Secretary Scott Bessent said Monday he believes the Federal Reserve system should be reviewed for potentially ...

Bessent calls for internal review of Fed but doesn't think Powell needs to step down

Treasury Secretary Scott Bessent is taking aim at the Federal Reserve and the rules the Fed enforces as a supervisor of big ...

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 ...

Treasury Secretary Bessent tiptoes around Trump's plans for new Fed chair

Treasury Secretary Scott Bessent says he "will go where the president thinks" he's "best suited" to serve, as calls grow for the Fed's Jerome Powell to resign.
Independent Journal Review11d

Scott Bessent Swats Down Jonathan Lemire’s Gotcha Questions On Fed Chair

Treasury Secretary Scott Bessent dismissed MSNBC host Jonathan Lemire’s negatively framed questions on Wednesday about ...

Bessent, Warsh, Hassett are the leading contenders to get Fed chair job, CNBC survey finds

The CNBC Fed Survey found the leading contenders to succeed Jerome Powell as Fed Chair are Treasury Secretary Scott Bessent, ...

US Treasury's Bessent calls for review of Fed non-monetary policy operations

U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its ...