Bessent: Trump ‘Not Going to Fire’ Powell

Bessent: Trump ‘not going to fire’ Powell

Treasury Secretary Scott Bessent insisted Wednesday that President Trump isn’t going to fire Federal Reserve Chair Jerome Powell, but suggested the pressure on the Fed to lower interest rates will continue. Bessent was asked on MSNBC’s “Morning Joe” if the president should say he will let Powell finish his term to give certainty to the…

Trump lashes out moments after White House insider vows Jerome Powell won't be fired

President Donald Trump lashed out at Fed Chair Jerome Powell on Truth Social Wednesday moments after Treasury Secretary Scott Bessent appeared on MSNBC to claim Powell's job is safe.Morning Joe host Jonathan Lemire asked Bessent, "Should the president just simply say, 'I'm going to let the Fed Chair...

Bessent: Trump Admin Not in a Rush to Replace Powell

Treasury Secretary Scott Bessent Swats Down MSNBC Host Gotcha Questions On Fed Chair

Treasury Secretary Scott Bessent dismissed MSNBC host Jonathan Lemire’s negatively framed questions on Wednesday about President Donald Trump’s stance against Federal Reserve Chair Jerome Powell. Trump has called for Powell to resign from his role, but has also indicated that he would not fire him. Lemire asked Bessent questions on “Morning Joe,” suggesting Trump’s strong opposition to Powell is […] Treasury Secretary Scott Bessent Swats Down MS…

Bessent Says ‘No Rush’ to Choose Successor to Fed Chair Powell

Treasury Secretary Scott Bessent said that there’s “no rush” to identify a successor to Federal Reserve Chair Jerome Powell, and that a nominee could potentially come from current board members or the heads of the district banks.

'Not going to fire him': Secy. Bessent shrugs off Trump’s attacks on Fed Chair Powell

Treasury Secretary Scott Bessent joins Morning Joe to defend President Trump’s aggressive trade strategy, insisting “who pays the tariffs is a choice” and claiming inflation will remain “very benign.” Bessent says manufacturers and retailers are absorbing costs—and that Trump “won’t fire” Fed Chair Powell, despite public pressure. He also previews the next round of China trade talks.