Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role as Jerome Powell succession process begins.

Recently, Bessent told Europe that it is not doing its part because it is yet to join the US in imposing secondary tariffs on ...

Donald Trump has ruled out appointing Treasury secretary Scott Bessent to the Federal Reserve, as he narrows the list of candidates to lead the US central bank. The US president on Tuesday told CNBC ...

WASHINGTON (TNND) — Treasury Secretary Scott Bessent is no longer being considered to replace Federal Reserve Chair Jerome ...

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...

Bessent’s criticism has differed from that of other Trump advisors, who have questioned Powell’s oversight of the $2.5 billion renovation project at central bank headquarters in Washington.

Mr Bessent’s remarks indicate that an easing of tensions between the two sides remains in place. Read more at ...

Former St. Louis Federal Reserve Bank President James Bullard on Tuesday said he spoke with U.S. Treasury Secretary Scott ...

Even if demand for the tokens surges, it won’t magically produce dollars to buy more Treasuries.

JPY is no longer the most attractive funding currency, and the currency's strength may not necessarily lead to broad-based risk aversion, one expert said.

U.S. Treasury Secretary Scott Bessent needs to push interest rates down to lower the cost of foreign-exchange hedging and thereby reassure international investors that returns on their dollar ...