‘Tabloid Trash’: Scott Bessent Issues Scathing Response To Media Story On Plans For The Fed
6 Articles
6 Articles
Trump Treasury Secretary Slams Financial Times for Fake News on Central Bank Takeover.
U.S. Treasury Secretary Scott Bessent is emphatically denying a report by The Financial Times, which suggests he is pushing for the Treasury Department to exert a level of control over the Federal Reserve more akin to the British Treasury's oversight of the Bank of England.
‘Tabloid Trash’: Scott Bessent Issues Scathing Response To Media Story On Plans For The Fed
Treasury Secretary Scott Bessent delivered a scathing response to The Financial Times after the outlet published a story — which he labeled “explicitly false” — about his plans for the future of the Federal Reserve.The Financial Times headline read, “Scott Bessent praised Bank of England as model for tighter oversight of Federal Reserve.” An X post promoting the piece followed the same general theme: “U.S. treasury secretary Scott Bessent discus…
US treasury department demands retraction of story on increased oversight of Federal Reserve
Treasury department said Financial Times article about Scott Bessent’s views on Fed oversight was ‘manufactured’ The US treasury department demanded on Friday that the Financial Times (FT) retract a report on treasury secretary Scott Bessent’s views on the Federal Reserve, accusing the newspaper of publishing “false claims” in a formal complaint that was escalated to the news outlet’s parent company, Nikkei Inc. The email from treasury officials…
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