In the interview, Bessent again noted that Trump has said he is not going to fire Powell. The president reportedly openly mulled the idea of firing the Fed chair in a meeting with lawmakers last week, ...

Treasury Secretary Scott Bessent doesn't understand why tariffs would cause the Federal Reserve to delay interest rate cuts. ...

US President Donald Trump has continued his relentless pressure campaign on the Federal Reserve to cut interest rates, again calling the board to act as he says chairman Jerome Powell “just doesn't ...