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Treasury Secretary Scott Bessent doesn't understand why tariffs would cause the Federal Reserve to delay interest rate cuts. "I'm not really sure what the Federal Reserve is looking at because ...
WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Wednesday suggested without evidence that the Federal Reserve's widely followed economic forecasts are motivated by politics, as the ...
Treasury Secretary Scott Bessent dismissed MSNBC host Jonathan Lemire’s negatively framed questions on Wednesday about President Donald Trump’s stance against Federal Reserve Chair Jerome ...
WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Wednesday suggested without evidence that the Federal Reserve's widely followed economic forecasts are motivated by politics, as the ...
Treasury Secretary Scott Bessent feels disheartened after research from his alma mater claimed families will be about $2,400 worse off this year thanks to President Donald Trump’s tariffs.
Bessent said that Powell has not told him whether he plans to leave the Fed's board when his term as chair expires in May 2026. Powell could remain on the board until 2028.
U.S. Treasury Secretary Scott Bessent attends a meeting between President Donald Trump and Philippine President Ferdinand Marcos Jr., in the Oval Office at the White House in Washington, D.C., U.S ...
“Now it’s tariff derangement syndrome. The orthodox economics profession has once again embarrassed themselves,” Bessent added. “I can’t remember, I think 358 Ph.D. economists at the Fed.
U.S. Treasury Secretary Scott Bessent said on Wednesday that the Trump administration was not in a rush to nominate a new Federal Reserve Chair to replace Jerome Powell.