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

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

U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury ...

There have been no indications from Powell that he plans to step down despite a barrage of criticism from the Trump ...

Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, ...

US Treasury Secretary Scott Bessent suggested that Federal Reserve Chair Jerome Powell should step down from the central bank ...

U.S. Treasury Secretary Scott Bessent said on Wednesday that the Trump administration was not in a rush to nominate a new ...

Treasury Secretary Scott Bessent said Tuesday that embattled Federal Reserve Chair Jerome Powell should finish out his term ...

In the battle over the future of Federal Reserve Chair Jerome Powell, Treasury Secretary Scott Bessent appears to be focused ...

Treasury Secretary Scott Bessent said that there’s “no rush” to identify a successor to Federal Reserve Chair Jerome Powell, ...

US Treasury Secretary Scott Bessent stated that Federal Reserve Chair Jerome Powell need not resign. This statement comes ...

Amid tensions with the White House, Treasury Secretary Scott Bessent backed Fed Chair Jerome Powell, saying there's no need ...