News

Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started
Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome ...
Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’
The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.
US Treasury Secretary Bessent says ‘formal process’ for Powell successor has started, Bloomberg News reports
U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is ...
Trump’s Fed Chair picks come into focus as tensions with Powell escalate
The candidates on President Donald Trump's shortlist to succeed Chairman Jerome Powell is starting to become more apparent.
The Business Times4d
Bessent suggests Powell should leave Federal Reserve board in May
WASHINGTON] US Treasury Secretary Scott Bessent suggested that Federal Reserve chair Jerome Powell should step down from the ...
CNBCTV184d
US Treasury Secretary Scott Bessent suggests Fed Chair Jerome Powell should leave board in May 2026
Powell has repeatedly declined to answer questions on whether he might stay on as a governor. That reticence has complicated ...
Powell Asks Fed IG To Probe Renovation Project Amid Relentless Trump Attacks
Treasury Secretary Scott Bessent claimed the president is "not looking to fire" Powell, but noted that the search for his replacement is already underway.
Trump: Bessent an Option to Replace Fed Chair, 'But I Like the Job He's Doing'
With the unemployment rate low and inflation above the Fed's 2% target, U.S. central bank officials have been reluctant to ...
Market Voices: Bessent on China, Powell; Uber-Baidu robotaxis; Zeekr
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