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Bessent advised Trump against firing Powell

Barron's on MSN · 2h

Bessent Told Trump Not to Fire Powell, Report Says. Why His Reasons Could Boost Markets.

The President has repeatedly criticized Powell for not cutting interest rates, and he escalated his attacks on the Fed chair last week.

The Wall Street Journal on MSN · 17h

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

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

Washington Examiner on MSN · 13h

Trump denies report that Bessent advised him against firing Powell

The Wall Street Journal reported on Saturday that Bessent made clear his concerns about firing the Fed chairman in private talks with the president last week.

2h

Trump Flips Out Over WSJ Report Detailing 1 Piece Of Advice He Got From Scott Bessent

President Donald Trump on Sunday disputed a Wall Street Journal story alleging that Treasury Secretary Scott Bessent urged ...

Treasury Secretary Bessent Calls for Federal Reserve Review Amid Trump's Criticisms

U.S. Treasury Secretary Scott Bessent suggests an institutional review of the Federal Reserve amid President Trump's ...

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

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.

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