Scott Bessent, Trump and Powell
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China, Bessent
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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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"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told CNBC's Squawk Box.
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Cryptopolitan on MSNUS bond market surges after Scott Bessent said Powell isn’t going anywhereThe 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
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Treasury yields were broadly higher as traders turn their attention to the Federal Reserve’s monetary policy meeting next week.
Treasury Secretary Scott Bessent blasted former Treasury Secretary Janet Yellen in response to her criticizing the Trump administration’s economic and
President Donald Trump on Sunday disputed a Wall Street Journal story alleging that Treasury Secretary Scott Bessent urged him to avoid firing Federal Reserve Chair Jerome Powell partly over concerns about the impact of his potential removal on the U.S. economy, declaring that he knows “better than anybody what’s good for the Market.”
Treasuries rose, reversing earlier losses, as Treasury Secretary Scott Bessent said he sees no reason for Jerome Powell to step down as Federal Reserve chair.
Treasury Secretary Scott Bessent is calling for a full review of the Federal Reserve. This comes after President Trump's criticisms of Fed Chair Jerome Powell. Semafor White House Correspondent Shelby Talcott and Financial Times columnist Gillian Tett join Katy Tur to share their reactions.