US Secretary of the Treasury Scott Bessent, left, speaks with Chinese Vice Premier He Lifeng, right, during a bilateral meeting between the United States and China, in Geneva, Switzerland, on Saturday, May 10, 2025. Keystone/eda/martial Trezzini | Via Reuters Treasury Secretary Scott Bessent on Tuesday said he is likely to hash out an extension of President Donald Trump‘s upcoming trade …
Read More »Tag Archives: Bessent
Bessent Sees No Reason for Powell to Step Down From the Fed Now – Bloomberg.com
Bessent Sees No Reason for Powell to Step Down From the Fed Now Bloomberg.com Exclusive | How Bessent Made the Case to Trump Against Firing Fed Chair Powell – WSJ The Wall Street Journal Bessent disses ‘leakers’ after Wall Street Journal report on Powell advice The Hill The Trump-Powell feud keeps heating up. Meet the betting markets’ top picks to replace the Fed …
Read More »Bessent calls for deeper US bank regulatory reforms, scrapping dual capital requirements – Reuters
Bessent calls for deeper US bank regulatory reforms, scrapping dual capital requirements Reuters Wall Street to trump Main Street with new bank rules Financial Times The new proposal to adjust GSIB leverage ratios is progress — but it may not go far enough. In his latest BankThink, Allen Puwalski, CFA – Managing Partner & CIO at Cybiont Capital, LLC explains why excluding …
Read More »Treasury Secretary Scott Bessent Remarks at the Federal Reserve Capital Conference
As prepared for delivery Good evening, it’s an honor to be with you tonight. Let me first express my appreciation to Vice Chair Bowman for arranging tomorrow’s conference. The Vice Chair has certainly hit the ground running, and we are all impressed by her early results. I share with her a strong view on the urgency of reform. And I …
Read More »US Treasury's Bessent calls for review of Fed non-monetary policy operations – Reuters
US Treasury’s Bessent calls for review of Fed non-monetary policy operations Reuters Treasury Secretary Bessent calls for a review of ‘the entire’ Federal Reserve CNBC Trump admin live updates: Bessent calls for a review of ‘entire Federal Reserve institution’ ABC News Bessent calls on Fed to do comprehensive review of its mission Politico Bessent Says Review of Fed’s Building Renovations Is Needed Bloomberg.com Source link
Read More »Bessent calls on Fed to do comprehensive review of its mission – Politico
Bessent calls on Fed to do comprehensive review of its mission Politico Treasury Secretary Bessent calls for a review of ‘the entire’ Federal Reserve CNBC Trump admin live updates: Bessent calls for a review of ‘entire Federal Reserve institution’ ABC News Bessent Says Review of Fed’s Building Renovations Is Needed Bloomberg.com Bessent: The Trump administration should look into the Fed’s ‘many mistakes’ CNN Source link
Read More »Trump’s Aug. 1 tariffs will pressure trade partners: Bessent
Scott Bessent, US treasury secretary, during a Bloomberg Television interview in New York, US, on Friday, May 23, 2025. Bloomberg | Bloomberg | Getty Images Treasury Secretary Scott Bessent said Monday that implementing high tariff rates on countries starting August 1 “will put more pressure on those countries to come with better agreements.” Bessent’s remarks suggest that he views President …
Read More »Bessent tried to dissuade Trump from firing Powell: WSJ
Scott Bessent, US treasury secretary, during a Bloomberg Television interview in New York, US, on Monday, June 30, 2025. Victor J. Blue | Bloomberg | Getty Images Treasury Secretary Scott Bessent recently urged President Donald Trump not to fire Treasury Secretary Jerome Powell, warning of the potential economic, political, and legal consequences of such a move, according to a new …
Read More »Exclusive | How Bessent Made the Case to Trump Against Firing Fed Chair Powell – The Wall Street Journal
Exclusive | How Bessent Made the Case to Trump Against Firing Fed Chair Powell The Wall Street Journal Why the Federal Reserve’s Building Renovation Costs $2.5 Billion Bloomberg.com Trump appointees pushed more marble in Fed building renovation White House now attacks AP News Unraveling the legal, economic and market ramifications if Trump tries to fire Fed Chair Powell CNBC Powell defends $2.5 billion Fed …
Read More »Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’
Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’ The search for the next leader of the world’s most influential central bank is officially under way, Treasury Secretary Scott Bessent told Bloomberg on Tuesday. “There’s a formal process that’s already starting,” he said when asked about efforts to find Jerome Powell’s …
Read More »