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Trump, Bessent and Jerome Powell

Washington Examiner on MSN · 1d

Scott Bessent is staying on the job at a pivotal point for Trump’s agenda

It should come as no surprise that Treasury Secretary Scott Bessent declined to be the next Federal Reserve chairman. Spend any time listening to Bessent talk, and it is clear he is laser-focused on one thing,

Fortune on MSN · 4d

Bessent won’t replace Powell as Fed chair, Trump says: ‘I love Scott, but he wants to stay where he is’

The Treasury secretary has said he has “the best job in Washington,” although he has often been floated as a name for the top job at the central bank.

The New York Times · 3d

Trump Says Treasury’s Bessent Rules Out Replacing Powell at Fed

With Treasury Secretary Scott Bessent not in the running, President Trump said that he has narrowed his list of replacements to four people.

Fed, Jobs Data and Rate Cuts

Fox Business on MSN · 1d

Bessent says market expects Fed to cut rates this year: 'substantial probability'

Treasury Secretary Scott Bessent said financial markets are pricing in a high likelihood of the Federal Reserve cutting interest rates before year-end amid tariff concerns.

U.S. News & World Report · 1h

A Top Federal Reserve Official Says Dour Jobs Data Backs the Case for 3 Rate Cuts

A top official at the Federal Reserve is saying that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower

US Fed's Bowman: Latest jobs data stiffens support for three rate cuts in 2025

The Federal Reserve's vice chair of supervision, Michelle Bowman, on Saturday said recent weak job data underscores her concerns about labor market fragility and strengthens her confidence in her own forecast that three interest-rate cuts will likely be appropriate this year.

4don MSN

Trump confirms Scott Bessent won't replace Powell as Fed chair amid rising tensions with central bank

Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role ...

21hon MSN

Trump removes IRS boss, Treasury Secretary Bessent takes over for now

Billy Long, who was sworn in just under two months ago, was already the sixth person to hold the job this year. He told NBC ...

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