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Bessent backs Fed independence on rates

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Bessent tries to show Trump ‘he can get what he wants’ at the Fed without causing market turmoil
“Bessent is trying to show Trump there is a path to get what he wants without unnecessary market turmoil,” said Stephen Myrow, managing partner at Beacon Policy Advisors. That path would involve allowing Powell to finish out his term as chair and stepping down from the Federal Reserve board once his chairmanship is up.

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Bessent backs Fed independence on rates amid Trump criticism
Bessent: The Trump administration should look into the Fed’s ‘many mistakes’

Fed, Scott Bessent

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Bessent calls for internal review of Fed and 'deeper reforms' of big bank rules
Treasury Secretary Scott Bessent is taking aim at the Federal Reserve and the rules the Fed enforces as a supervisor of big banks.

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Scott Bessent backs Jerome Powell: 'There's nothing that tells me he should step down right now’
US Treasury's Bessent calls for review of Fed non-monetary policy operations

Bessent disses 'leakers'

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Trump Flips Out Over WSJ Report Detailing 1 Piece Of Advice He Got From Scott Bessent
The Journal on Sunday published a report claiming that Bessent had recently made his case to Trump against Powell’s removal, citing potential effects on the economy, the legal challenges such a decision would face,

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Bessent disses ‘leakers’ after WSJ report on Powell advice
Trump denies another Journal report, this time on Powell, 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 ...
Treasury Secretary Bessent bashes Fed 'fear mongering' over tariffs and says central bank should be reviewed
US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and ...
Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance
"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told ...
CNBC Daily Open: Investors dismiss Trump administration's beef with the Fed — S&P 500 hits new high
The S&P 500's record close comes despite the Trump administration's beef with threats on the Fed and its use of tariffs as a ...
President Trump indicates he'll let Fed Chair Jerome Powell serve out his term
President Trump seemed willing to allow Jerome Powell to complete his term as chair of the Federal Reserve — at least for now ...
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 ...
Watch CNBC's full interview with Treasury Secretary Scott Bessent
Treasury Secretary Scott Bessent joins 'Squawk Box' to discuss the latest developments on U.S. trade negotiations, impact of ...
Summers Says Bessent Right to Question Fed on ‘Overreach’
Lawrence Summers backed Treasury Secretary Scott Bessent’s questioning of the Federal Reserve’s non-monetary policy activities, saying that there were some areas that are distinct from the broader ...