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Bessent tried to dissuade Trump from firing Powell

Bessent tried to dissuade Trump from firing Powell: WSJ

Jerome Powell has long been a target of President Donald Trump, who has repeatedly criticized the Fed chair for not cutting interest rates.

The Wall Street Journal on MSN · 1d

How Bessent Made the Case to Trump Against Firing Fed Chair Powell

Treasury Secretary Scott Bessent told the president privately in recent days that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.

Outlook Business · 10h

Treasury Secretary Bessent Talked Trump Out of Firing Powell For Now — But What If He Does?

Trump told reporters last week that he had talks with Congress members of removing the Central Bank Chair, during which he claimed that most of them agreed to his view. Though he added that “We’re not

10hon MSN

The Trump-Powell feud keeps heating up. Meet the betting markets' top picks to replace the Fed chief.

Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next ...

5don MSN

Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’

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

5don MSN

Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started

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

5don MSN

US Treasury Secretary Bessent says ‘formal process’ for Powell successor has started, Bloomberg News reports

U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is ...

Powell Asks Fed IG To Probe Renovation Project Amid Relentless Trump Attacks

Treasury Secretary Scott Bessent claimed the president is "not looking to fire" Powell, but noted that the search for his replacement is already underway.

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