Scott Bessent, before assuming his role as the Treasury Secretary, spent his career in finance, working for macro investment billionaire George Soros and noted short seller Jim Chanos, as well as ...

A Fed chief warmer to cutting rates could have a mixed effect on equities but could weaken the U.S. dollar, increase ...

President Trump on Tuesday suggested Federal Reserve Chair Jerome Powell’s handling of renovations to the central bank’s ...

However, Powell’s term as Fed governor is till January 2028, allowing him to legally be a part of monetary policy decisions ...

U.S. President Donald Trump said on Tuesday (July 15) that Treasury Secretary Scott Bessent is an option to replace Federal ...

President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent could be a candidate to replace Federal Reserve Chairman Jerome Powell, but suggested that might not happen. After landing ...

White House correspondent Jon Decker asks President Donald Trump about the proposed ceasefire between Russia and Ukraine and ...

This comes amid Trump's repeated displeasure with Powell, which stems from the POTUS repeatedly urging the Fed to cut its key rate.

Asked by a reporter whether Bessent was the top option, Trump responded, “Well, he’s not, because I like the job he’s doing.” ...

JPMorgan Chase CEO Jamie Dimon noted that the U.S. economy remains resilient but warned of potential risks from tariffs, ...