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Bessent says he is hopeful Miran can be confirmed to Fed post by September meeting

U.S. Treasury Secretary Scott Bessent on Tuesday said he was hopeful the Senate would confirm Stephen Miran, now chair of the ...
China Daily26m

US Treasury secretary calls for Fed rates cut by 50 bps in Sept

NEW YORK - US Treasury Secretary Scott Bessent said Tuesday that the Federal Reserve should cut interest rates by 50 basis ...

Bessent says market expects Fed to cut rates this year: 'substantial probability'

Treasury Secretary Scott Bessent said financial markets are pricing in a high likelihood of the Federal Reserve cutting ...

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.

A Top Federal Reserve Official Says Dour Jobs Data Backs the Case for 3 Rate Cuts

A top official at the Federal Reserve is saying that this month’s stunning, weaker-than-expected report on the U.S. job ...

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 ...