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What if … the Treasury secretary also ran the Fed?
Reports that the White House is considering naming Treasury Secretary Scott Bessent as the next chair of the Federal Reserve have raised eyebrows and speculation in Washington — especially in an administration with a penchant for assigning cabinet secretaries multiple jobs.
Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who he has criticized over interest rates.
Scott Bessent told lawmakers he has no knowledge of DOGE access to the tax agency’s Integrated Data Retrieval System.
Treasury Secretary Scott Bessent's toughest negotiating partner is Congress, and the contest is his race to finance the ...
Trump won't fire Fed Chair Powell, criticizes slow rate cuts, suggests supporting Fed interest rates increase if inflation ...
President Trump urged “numbskull” Federal Reserve chairman Jerome Powell to lower interest rates Thursday — while confirming ...
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