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Independent Journal Review5h
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 President Donald Trump’s stance against
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US bond market surges after Scott Bessent said Powell isn’t going anywhere
The bond market shook off its panic and pushed upward on Wednesday after Scott Bessent, the U.S. Treasury Secretary, told everyone that Jerome Powell is not
10-year Treasury yield ticks higher after Bessent reassures market over Powell's position
Treasury yields were broadly higher as traders turn their attention to the Federal Reserve’s monetary policy meeting next week.
Bessent Says Powell Should Finish Out Term if He Wants
Treasury Secretary Scott Bessent said Tuesday that embattled Federal Reserve Chair Jerome Powell should finish out his term if he wants. “If he wants to see that through, I think he should. If he wants to leave early,
Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance
"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told CNBC's Squawk Box.
Bessent says Powell doesn't need to resign but should conduct internal review
There have been no indications from Powell that he plans to step down despite a barrage of criticism from the Trump administration.
Bessent calls for internal review of Fed and 'deeper reforms' of big bank rules
Treasury Secretary Scott Bessent is taking aim at the Federal Reserve and the rules the Fed enforces as a supervisor of big banks.
Powell calls for 'safe, sound' U.S. bank system as Bessent shows vague support
U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury Secretary Scott Bessent called Powell "good public servant" suggesting he finish his term.
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