Scott Bessent: Federal Reserve 'of course' should be independent of the President
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Fed should stay independent, Trump's pick for US Treasury Secty says
Jan 16 (Reuters) - The Federal Reserve should stay independent, Trump's pick to be U.S. Treasury Secretary told a Senate panel on Thursday. "I think on monetary policy decisions, the FOMC should ...
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
Treasury sec. nominee Scott Bessent says Trump should not have influence on Federal Reseve
President-elect Donald Trump's pick for treasury secretary, Scott Bessent, says the Fed should stay independent from presidential influence.
Trump Treasury pick Bessent backs Fed independence, dollar, sanctions on Russian oil
President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent and that he is ready to impose tougher sanctions on Russia's oil sector.
Bessent calls for stronger Russia sanctions at treasury confirmation hearing
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
DeSantis' chosen Rubio replacement Moody wants to tackle inflation, spending, border: 'Audit the Fed!'
Florida Attorney General Ashley Moody, who is slated to join the U.S. Senate, called for auditing the Federal Reserve, pledged to oppose government spending, and indicated she will advocate for border ...
How Trump can deliver on big promises made to the crypto industry
Trump made a lot of promises to crypto enthusiasts in 2024 as he pledged to make the United States the 'crypto capital of the ...
Takeaways from Day 3 of President-elect Donald Trump’s Cabinet nominee hearings
Thursday’s trio of confirmation hearings for President-elect Donald Trump’s Cabinet nominees put the focus squarely on ...
Trump Treasury pick Bessent faces Senate grilling on taxes, trade, deficits
President-elect Donald Trump's pick for Treasury secretary, hedge fund manager Scott Bessent, vowed to maintain the dollar's ...
Why Do Some People Claim the Federal Reserve Is Unconstitutional?
Learn why some people believe it was unconstitutional for the government to establish the Federal Reserve Bank and why they believe it should be abolished.
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When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
The Federal Reserve meets for its first two-day rate-setting session of 2025 on Tuesday, January 28, and Wednesday, January 29, 2025. At the end of its Federal Open Market Committee session on ...
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Senate gears up for confirmation hearings
The U.S. Senate is gearing up for a busy week of confirmation hearings for President-elect Donald Trump's cabinet picks next ...
Playbook PM: Trump’s Cabinet picks face the Senate
— Sen. MAGGIE HASSAN (D-N.H.) asked Bessent whether he believes inflation and prices will go down under Trump. In response, Bessent noted he believes the administration “will increase real wages and ...
Senate hearings heat up: Trump’s picks Bessent, Burgum, Zeldin testify; Bondi awaits another round
The Senate intensifies confirmation hearings for Trump’s Cabinet picks, with Scott Bessent, Doug Burgum, and Lee Zeldin defending their qualifications. Meanwhile, Pam Bondi faces further scrutiny in a ...