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Jerome Powell, Scott Bessent

Why Bessent is now saying Powell doesn’t need to resign from Fed

“Bessent is trying to show Trump there is a path to get what he wants without unnecessary market turmoil,” said Stephen Myrow, managing partner at Beacon Policy Advisors. That path would involve allowing Powell to finish out his term as chair and stepping down from the Federal Reserve board once his chairmanship is up.

The Wall Street Journal · 5h

Bessent Says Powell Should Finish Out Term if He Wants

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,

CNBC on MSN · 16h

Bessent says Powell doesn't need to resign but should conduct internal review

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

China, Scott Bessent and Tariff

Forbes on MSN · 15h

China Tariff Deal ‘Likely’ Will Be Extended, Bessent Says—But Others Will Still Take Effect Aug. 1

The Trump administration’s trade deal with China that sharply lowered the tariff rate on Chinese imports is expected to be extended past its Aug. 12 deadline, Treasury Secretary Scott Bessent predicted Tuesday, though he maintained higher tariff rates on other countries’ imports are still slated to take effect Aug. 1 as scheduled.

Bloomberg on MSN · 4h

Bessent Sees China Tariff Truce Extended in Sweden Next Week

US Treasury Secretary Scott Bessent said he will meet his Chinese counterparts in Stockholm next week for their third round of trade talks aimed at extending a tariff truce and widening the discussions.

Reuters · 15h

US, China to discuss tariff deadline extension in Stockholm, Bessent says

U.S. Treasury Secretary Scott Bessent said on Tuesday that he will meet his Chinese counterpart next week in Stockholm and discuss what is likely to be an extension of an August 12 deadline for a deal to avert sharply higher tariffs.

13hon MSN

Market Voices: Bessent on Powell's future, China; GM on EVs

Seeking Alpha's daily roundup of statements, announcements and remarks that could impact markets, sectors or individual ...

Independent Journal Review1d

Scott Bessent Brutalizes His Biden-Era Predecessor After She Invokes China In Attempt To Get At Trump

Treasury Secretary Scott Bessent blasted former Treasury Secretary Janet Yellen in response to her criticizing the Trump ...

1don MSN

Bessent calls for deeper US bank regulatory reforms, scrapping dual capital requirements

U.S. Treasury Secretary Scott Bessent on Monday called for deeper reforms of what he called an antiquated financial ...

12hon MSN

Powell calls for 'safe, sound' U.S. bank system as Bessent shows vague support

U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury ...

16h

China Market Update: Hong Kong & Mainland China Grind Higher As Bessent Packs His Bags

Asian equities delivered mixed performance overnight, as Vietnam outperformed on a trade deal, while Taiwan, South Korea, and ...

1don MSN

US Treasury's Bessent calls for review of Fed non-monetary policy operations

U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its ...

16h

'Trade's In a Very Good Place With China,' Says Treasury Secretary Bessent

U.S. Treasury Secretary Scott Bessent said he would soon meet top Chinese officials to extend the two countries' trade truce. “China, that deal expires on Aug. 12 and I’m going to be in Stockholm on M ...

Korea Joongang Daily on MSN1d

U.S. more concerned with getting 'high-quality' trade deals than meeting Aug. 1 deadline: Bessent

U.S. President Donald Trump's administration is more concerned with getting "high-quality" deals with trading partners rather ...

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Jerome Powell, Scott Bessent

China, Scott Bessent and Tariff

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