The EIA's crude oil price estimates were little changed from those of the previous report, with Brent forecast to average $74 a barrel this year and $66 a barrel the next. WTI is forecast at $71 and ...

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 ...

When President Trump demanded lower interest rates two weeks ago, it looked like a return to his 2018-vintage Fed jawboning. But his administration's stance on interest rates now looks more subtle.

The change comes shortly after Trump announced he appointed Treasury Secretary Scott Bessent to be acting director of the ...

Scott Bessent, who was confirmed as Treasury secretary last week ... It's funded outside of the congressional appropriations process, and its funding comes from the Fed. The bureau was created in 2010 ...

WASHINGTON — Bank groups in all 50 states, plus Puerto Rico, asked Treasury Secretary Scott Bessent to choose Federal Reserve Gov ... and the communities they serve." Bowman as a Fed governor has ...

Trump argued on Wednesday that Powell and the Fed "failed to stop the problem they created with inflation." ...

Pro-Bitcoin billionaire Scott Bessent confirmed as treasury secretary The U.S. Senate confirmed billionaire investor Scott Bessent as Treasury Secretary in a 68-29 vote. The Senate tasked ...

Scott Bessent will lead President Donald Trump's financial agenda as treasury secretary. Bessent, a billionaire hedge fund manager, was confirmed in a 68 to 29 U.S. Senate vote on Monday and sworn ...

Scott Bessent ’84, President Donald Trump’s nominee for Treasury secretary, was confirmed by the Senate on Monday in a 68-29 vote. A billionaire investor and former adjunct professor at Yale, Bessent ...

Billionaire hedge fund manager and Donald Trump nominee Scott Bessent won Senate approval on Monday to become US Treasury secretary.

Billionaire hedge fund manager and Donald Trump nominee Scott Bessent won Senate approval on Monday ... He previously floated the idea of Trump nominating a "shadow Fed chair" to dilute the influence ...