bessent jerome powell

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Jerome Powell, Scott Bessent

Bessent says Powell doesn't need to resign but should conduct internal review

There have been no indications from Powell that he plans to step down despite a barrage of criticism from the Trump administration.

The Wall Street Journal · 2d

Bessent Says Powell Should Finish Out Term if He Wants

Treasury Secretary Scott Bessent said Tuesday that embattled Federal Reserve Chair Jerome Powell should finish out his term if he wants. “If he wants to see that through, I think he should. If he wants to leave early,

The Boston Globe · 2d

Amid calls for Powell’s ouster, Bessent says Fed chief should serve out his term

Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chair to step down. “There’s nothing that tells me that he should step down right now,

Trump and Powell bicker over Fed building renovations

Bloomberg · 1d

Bessent Says ‘No Rush’ to Choose Successor to Fed’s Powell

Treasury Secretary Scott Bessent said that there’s “no rush” to identify a successor to Federal Reserve Chair Jerome Powell, and that a nominee could potentially come from current board members or the heads of the district banks.

The Washington Post · 3h

How Trump could use a building renovation to oust Fed Chair Powell

President Donald Trump says he’s found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation project

CBS News · 1h

Trump and Powell clash during tour of Federal Reserve renovations

President Trump and Federal Reserve Chair Jerome Powell had a disagreement almost immediately as the two men set foot in the Fed's headquarters in Washington on Thursday to survey an extensive renovation project on two of the reserve's buildings.

Trump ‘not going to fire’ Powell

Reuters on MSN · 1d

Trump administration not in a rush to replace Powell, Treasury chief Bessent says

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.

MarketWatch · 1d

Trump says he had only a few people in mind to replace Powell, but Bessent now says it’s a ‘long list’

Bessent said in an interview with Bloomberg on Wednesday that there is a “long list” of candidates for the job and that the process is just getting under way. “We’re not in a rush,” he added. Back To

The Hill on MSN · 1d

Bessent: Trump ‘not going to fire’ Powell

Treasury Secretary Scott Bessent insisted Wednesday that President Trump isn’t going to fire Federal Reserve Chair Jerome Powell, but suggested the pressure on the Fed to lower interest rates will continue.

Fed Chair Powell pushes back on Trump criticism during extraordinary visit at central bank

President Donald Trump is scheduled to visit the Federal Reserve in person Thursday — an unusual move that’s also a major ...

Bessent tamps down Powell threats

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Bessent: ...

Trump clashes with Powell over Fed renovations during unusual visit, says he'd 'love' lower interest rates

President Donald Trump made an unusual visit to the Federal Reserve Thursday, donning a hardhat and being led on a tour of ...

2don MSN

Powell calls for 'safe, sound' U.S. bank system as Bessent shows vague support

U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury ...

Powell to leave Fed chair in May, nominee announcement expected in December or January: Secretary Bessent

U.S. Treasury Secretary Scott Bessent breaks down President Donald Trump’s trade deals, Federal Reserve chair Jerome Powell ...

2don MSN

Scott Bessent backs Jerome Powell: 'There's nothing that tells me he should step down right now’

Amid tensions with the White House, Treasury Secretary Scott Bessent backed Fed Chair Jerome Powell, saying there's no need ...

Trump declines to say Powell should quit. 'He's going to be out pretty soon anyway.'

President Donald Trump kept up his criticism of Federal Reserve Chair Jerome Powell Tuesday but stopped short of saying he should resign. Asked during an Oval Office appearance with Philippine ...

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