U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is ...

Treasury Secretary Scott Bessent said Tuesday that President Donald Trump has no plan to fire Federal Reserve Chair Jerome ...

Treasury Secretary Scott Bessent, in an interview on Bloomberg Television, said he hasn't looked at the CPI number that's ...

Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome ...

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.

The Trump administration has formally begun the search for a successor to Federal Reserve Chair Jerome Powell, whose term ...

Treasury Department Secretary Scott Bessent on Tuesday said the process to pick a new chair of the Federal Reserve has started, ahead of Chair Jerome Powell’s term ending in 2026 and amid growing ...

President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent could be a candidate to replace Federal Reserve ...

However, Powell’s term as Fed governor is till January 2028, allowing him to legally be a part of monetary policy decisions ...

Scott Bessent, before assuming his role as the Treasury Secretary, spent his career in finance, working for macro investment billionaire George Soros and noted short seller Jim Chanos, as well as ...

Powell has repeatedly declined to answer questions on whether he might stay on as a governor. That reticence has complicated ...

Jerome Powell has been the Federal Reserve Chair since February 2018. Trump nominated Powell in 2017, but now calls for him ...