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

In the battle over the future of Federal Reserve Chair Jerome Powell, Treasury Secretary Scott Bessent appears to be focused on the long game.

Bessent Sees No Reason for Powell to Step Down From Fed Now

Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chair to step down.

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,

Powell to leave Fed chair in May, nominee announcement expected in December or January: Secretary Bessent

U.S. Treasury Secretary Scott Bessent breaks down President Donald Trump’s trade deals, Federal Reserve chair Jerome Powell and more on ‘The Ingraham Angle.’

Bessent tamps down Powell threats

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Bessent: Trump ‘not going to fire’ Powell

10-year Treasury yield ticks higher after Bessent reassures market over Powell's position

Treasury yields were broadly higher as traders turn their attention to the Federal Reserve’s monetary policy meeting next week.

The Trump-Powell feud has entered a strange new chapter

The Trump administration is sending mixed messages about whether Fed Chair Jerome Powell should stay with the central bank until the end of his term.
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