News

Scott Bessent is staying on the job at a pivotal point for Trump’s agenda
It should come as no surprise that Treasury Secretary Scott Bessent declined to be the next Federal Reserve chairman. Spend ...
Bessent: How Can The Fed Set Rates When Jobs Data Is This Broken? "This Was A Five Standard Deviation Mistake"
Treasury Secretary Bessent defended President Trump's decision to fire Bureau of Labor Statistics (BLS) head Erika McEntarfer after unprecedented downward revisions to May and June jobs figures ...
Who’s on Trump’s short list for Jerome Powell’s replacement at the Fed
Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...
Trump will nominate White House economic adviser to vacant Fed board seat
Stephen Miran, the short-term pick to fill the seat, may give Trump a foothold at the Federal Reserve as the president pushes for lower interest rates.
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Scott Bessent Says Fed Is Behind Curve, Trump’s Trade Reset Could Bring $300B In Tariffs
In an interview with MSNBC, the U.S. Treasury Secretary said there’s “something wrong” when the Federal Reserve doesn’t cut ...
Waller emerges as favourite for Fed chairman among Trump team
The Federal Reserve governor is emerging as the leading candidate to succeed Jerome Powell as the head of the central bank.
Trump narrows Fed chair candidates to four, excluding Treasury Secretary Bessent
President Donald Trump has narrowed down his list of potential candidates to lead the Federal Reserve to four people ...