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Scott Bessent calls for probe into ‘the entire Federal Reserve institution’
What we need to do is examine the entire Federal Reserve institution and whether they have been successful,” Bessent told CNBC on Monday. Bessent’s comments come as Donald Trump and his lieutenants have sharply criticised the Fed and its chair Jay Powell for refraining to cut borrowing costs this year.
Treasury Secretary Scott Bessent calls for a review of 'the entire' Federal Reserve
Treasury Secretary Scott Bessent on Monday suggested a review of the Federal Reserve that would go beyond the current controversy over building renovations and look at its overall function. “What we need to do is examine the entire Federal Reserve institution and whether they have been successful,
Center for Renewing America CEO Eric Teetsel weighs in on the Trump administration's intensifying conflict with the Federal ...
Treasury Secretary Scott Bessent blasted former Treasury Secretary Janet Yellen in response to her criticizing the Trump ...
Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve after getting caught in the ...
The Journal on Sunday published a report claiming that Bessent had recently made his case to Trump against Powell’s removal, ...
US Treasury Secretary Scott Bessent on Monday called for deeper reforms of what he called an antiquated financial regulatory ...
US Treasury Secretary Scott Bessent stated that Federal Reserve Chair Jerome Powell need not resign. This statement comes ...
U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury ...
Lawrence Summers backed Treasury Secretary Scott Bessent’s questioning of the Federal Reserve’s non-monetary policy activities, saying that there were some areas that are distinct from the broader ...
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