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Bessent Emerges

Bessent emerges as possible contender to succeed Fed's Powell, Bloomberg reports

Journalists have been among those injured during protests against immigration raids in Los Angeles in recent days, as police clashed with crowds of protesters and fired less-lethal munitions to disper...

· 2d · on MSN

Bessent Emerging as a Contender to Succeed Fed’s Powell

Crypto Briefing · 2d

Pro-Bitcoin Scott Bessent emerges as candidate for next Fed chair

· 1d

Trump says Fed should lower rates by 'one full point'

Colombian Senator Miguel Uribe remains in a critical condition after being shot in Bogota on Saturday, but has shown signs of neurological improvement, the hospital treating him said on Wednesday.

CoinDesk · 1d

Paul Tudor Jones Says Bitcoin Should Be in Every Portfolio as U.S. Debt Mounts

· 1d

Paul Tudor Jones expects Trump to pick Bessent as Fed Chair

23hon MSN

Trump eyes Cabinet member to replace 'Mr Too Late' Powell at the Fed: report

Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who he has criticized over interest rates.

Bessent is rumored to head the Fed. Is the central bank's independence threatened?

At the heart of the debate over Bessent's appointment is the thorny question of the central bank's independence. Trump has never concealed his frustration with Powell, whom he appointed in 2017, for his reluctance to lower interest rates in the face of tariff uncertainty.

16h

Trump calls Fed chair a 'numbskull' as he pushes for interest rate cut

President Donald Trump cited new inflation data in continuing to pressure Federal Reserve Chair Jerome Powell to lower interest rates, calling him a "numbskull" but adding that he won't seek to remove him.