Senate Federal Reserve

Scott Bessent: Federal Reserve 'of course' should be independent of the President

I Asked 4 Chefs for the Best Fast Food Burger and 2 Chains Dominated

Fed should stay independent, Trump's pick for US Treasury Secty says

Jan 16 (Reuters) - The Federal Reserve should stay independent, Trump's pick to be U.S. Treasury Secretary told a Senate panel on Thursday. "I think on monetary policy decisions, the FOMC should ...

USA Today · 3d

Treasury sec. nominee Scott Bessent says Trump should not have influence on Federal Reseve

President-elect Donald Trump's pick for treasury secretary, Scott Bessent, says the Fed should stay independent from presidential influence.

CBS News on MSN · 3d

Bessent calls for stronger Russia sanctions at treasury confirmation hearing

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.

Reuters · 2d

Trump Treasury pick Bessent backs Fed independence, dollar, sanctions on Russian oil

President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent and that he is ready to impose tougher sanctions on Russia's oil sector.

2don MSN

DeSantis' chosen Rubio replacement Moody wants to tackle inflation, spending, border: 'Audit the Fed!'

Florida Attorney General Ashley Moody, who is slated to join the U.S. Senate, called for auditing the Federal Reserve, pledged to oppose government spending, and indicated she will advocate for border ...

3don MSN

Takeaways from Day 3 of President-elect Donald Trump’s Cabinet nominee hearings

Thursday’s trio of confirmation hearings for President-elect Donald Trump’s Cabinet nominees put the focus squarely on ...

The Associated Press - Business News on MSN13d

Top Federal Reserve bank regulator, under fire from GOP, to step down next month

(AP Photo/Manuel Balce Ceneta, File) WASHINGTON (AP) — The Federal Reserve’s top financial regulator said Monday that he ...

How Trump can deliver on big promises made to the crypto industry

Trump made a lot of promises to crypto enthusiasts in 2024 as he pledged to make the United States the 'crypto capital of the ...

3don MSN

Trump Treasury pick Bessent faces Senate grilling on taxes, trade, deficits

President-elect Donald Trump's pick for Treasury secretary, hedge fund manager Scott Bessent, vowed to maintain the dollar's ...

10d

Why Do Some People Claim the Federal Reserve Is Unconstitutional?

Learn why some people believe it was unconstitutional for the government to establish the Federal Reserve Bank and why they believe it should be abolished.

Newsweek13d

Top Federal Reserve Bank Regulator to Step Down to Avoid Clash With Trump

The Federal Reserve's top banking regulator, Michael Barr, announced his resignation on Monday, sidestepping what could have been a contentious standoff with the Republican-led Senate and the ...

decrypt2d

Trump's Treasury Pick Scott Bessent Pours Cold Water on US Digital Dollar Initiative

Scott Bessent told the Senate he saw 'no reason' for the U.S. to pursue a central bank digital currency, aligning with ...

1don MSN

Senate hearings heat up: Trump’s picks Bessent, Burgum, Zeldin testify; Bondi awaits another round

The Senate intensifies confirmation hearings for Trump’s Cabinet picks, with Scott Bessent, Doug Burgum, and Lee Zeldin defending their qualifications. Meanwhile, Pam Bondi faces further scrutiny in a ...

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