Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in Fed Chair Jerome Powell, breaking from ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

Before the election, Bessent floated the idea of a "shadow Fed chair" where Trump would select a replacement for Fed Chairman Jerome Powell this year. Powell's term doesn't end until May 2026.

A New York federal judge issued an order blocking DOGE's access to treasury payments after 19 Democratic state attorneys ...

Trump Treasury secretary pick Scott Bessent told Senate lawmakers ... interview that Trump could appoint a "shadow chair" to undermine the influence of Fed Chair Jerome Powell.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from ...

President Trump removed Rohit Chopra as director of the CFPB and announced that Treasury Secretary Scott Bessent will serve as ...

WASHINGTON: President-elect Donald Trump's pick for Treasury secretary, Scott Bessent ... rate decisions and his own comments about a "shadow" Fed chair. But he came down firmly on the side ...

President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar ... bank's interest rate decisions and his own comments about a "shadow" Fed chair. But he ...

WASHINGTON - President-elect Donald Trump’s pick for Treasury secretary, Mr Scott Bessent ... decisions and his own comments about a “shadow” Fed chair. But he came down firmly on the ...