Treasury Secretary Scott Bessent calls for a review of ‘the entire’ Federal Reserve
Treasury Secretary Scott Bessent on Monday suggested a review of the Federal Reserve that would go beyond the current controversy over building renovations and look at its overall function. “What we need to do is examine the entire Federal Reserve institution and whether they have been successful,” Bessent said during an interview on CNBC’s “Squawk […]
Lawmakers set to confirm Scott Bessent for US Treasury chief
The US Senate is widely expected to confirm billionaire hedge fund manager Scott Bessent for Treasury secretary Monday, putting him at the forefront of implementing Donald Trump’s economic agenda — which is already sparking global jitters. Bessent, a Wall Street veteran who was born and raised in South Carolina, has defended the Republican president’s tax […]
