In a shocking turn of events, turns out Treasury Secretary Scott Bessent is the reason Jerome Powell still has a job today. While the White House was stirring chaos over the Federal Reserve chair, ...

WASHINGTON — Senate Majority Leader John Thune (R-SD) told The Post Wednesday that long-serving Democratic Party figures are ...

"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told CNBC's Squawk Box.

Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.

The US Treasury secretary expects tariffs and growth to boost government revenue, while banks and monetary innovation keep borrowing costs in check. The scheme evokes the 18th-century Scottish ...

President Donald Trump said Scott Bessent was an option to replace Jerome Powell as head of the Federal Reserve but suggested the Treasury secretary was not the leading candidate because of his ...