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Bessent tamps down Powell threats

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Bessent: Trump ‘not going to fire’ Powell
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Scott Bessent Swats Down Jonathan Lemire’s Gotcha Questions On Fed Chair

Treasury Secretary Scott Bessent dismissed MSNBC host Jonathan Lemire’s negatively framed questions on Wednesday about President Donald Trump’s stance against

Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance

"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told CNBC's Squawk Box.

Bessent says Powell doesn't need to resign but should conduct internal review

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

Powell calls for 'safe, sound' U.S. bank system as Bessent shows vague support

U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury Secretary Scott Bessent called Powell "good public servant" suggesting he finish his term.

What Powell is telling allies as Trump pressures him to resign

Federal Reserve Chair Jerome Powell has told multiple associates and allies that there’s no chance he will bow to President Donald Trump’s calls for him to resign, vowing to withstand several more months of the president’s unprecedented,

10-year Treasury yield ticks higher after Bessent reassures market over Powell's position

Treasury yields were broadly higher as traders turn their attention to the Federal Reserve’s monetary policy meeting next week.

Powell Is Stuck in the Middle With Trump

Good morning. Jerome Powell is in the middle of one of Donald Trump’s preferred attack strategies. The administration is paving the way for crypto to enter the mainstream. And meme stock mania is spreading.
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