Bessent says Supreme Court tariff ruling, Fed chair pick expected in January

Treasury Secretary Scott Bessent reveals the Supreme Court tariff ruling and Fed chair selection are both expected in January ...

Next Fed Chair in ‘No-Win Scenario’ as Selection Process Draws to a Close

The person picked to replace Jerome H. Powell will be thrust into a credibility problem that will be difficult to escape.

Bessent says Americans will feel relief during ‘bountiful’ 2026 as inflation falls, real wages rise

If there is another shutdown, Bessent added, Senate Republicans “should immediately forego the filibuster, keep the ...

Trump could announce a new Fed chair before Christmas: Here’s what you need to know about the leading candidates

Hassett claims he speaks with President Trump daily, and his appointment to the NEC suggests that Trump already values his ...

Bessent plans to push residency requirement for regional Fed bank presidents

U.S. Treasury Secretary Scott Bessent on Wednesday said he plans to advocate for a requirement that the 12 regional Federal ...

Bessent says White House may ‘veto’ Federal Reserve presidents

WASHINGTON (AP) — Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve’s ...

Bessent to Push New Residency Rule for Regional Fed Heads

Treasury Secretary Scott Bessent on Wednesday said he will push for a new rule that candidates for regional Federal Reserve ...

Fed chair front-runner says economy can get back to 1% inflation

A 1% inflation rate would be the lowest since the Obama administration, other than the pandemic. Most forecasters do not expect inflation to get down below 2% for years. If you could turn back the ...