Treasury Secretary Scott Bessent said that there’s “no rush” to identify a successor to Federal Reserve Chair Jerome Powell, and that a nominee could potentially come from current board members or the heads of the district banks.

Treasury Secretary Scott Bessent dismissed MSNBC host Jonathan Lemire’s negatively framed questions on Wednesday about President Donald Trump’s stance against

Treasury Secretary Scott Bessent said Tuesday that embattled Federal Reserve Chair Jerome Powell should finish out his term if he wants. “If he wants to see that through, I think he should. If he wants to leave early,

There have been no indications from Powell that he plans to step down despite a barrage of criticism from the Trump administration.

Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chair to step down. “There’s nothing that tells me that he should step down right now,

U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury Secretary Scott Bessent called Powell "good public servant" suggesting he finish his term.

In the battle over the future of Federal Reserve Chair Jerome Powell, Treasury Secretary Scott Bessent appears to be focused on the long game.

Amid tensions with the White House, Treasury Secretary Scott Bessent backed Fed Chair Jerome Powell, saying there's no need for him to step down before his term ends in May. However, Bessent suggested Powell has a chance to cement his legacy by reforming the Fed’s non-monetary functions.

In the Oval Office, President Trump and Treasury Sec. Scott Bessent had tough words for Fed Chair Jerome Powell.

President Trump responded angrily on Sunday to a Wall Street Journal story that Treasury Department Secretary Scott Bessent had personally sought to talk him out of trying to fire Federal Reserve Chair Jerome Powell.

U.S. Treasury Secretary Scott Bessent is calling for a review of the central bank's operations as Federal Reserve Chair Jerome Powell faces mounting pressure to resign.