Scott Bessent, before assuming his role as the Treasury Secretary, spent his career in finance, working for macro investment billionaire George Soros and noted short seller Jim Chanos, as well as running his own hedge fund.

U.S. President Donald Trump said on Tuesday (July 15) that Treasury Secretary Scott Bessent is an option to replace Federal Reserve Chairman Jerome Powell.

President Trump on Tuesday suggested Federal Reserve Chairman Jerome Powell’s handling of renovations to the central bank’s headquarters could be a fireable offense, seizing on an

The C.E.O. of JPMorgan Chase, who has rarely taken on President Trump during his second term, wades into the argument over the Federal Reserve chair.

The White House is exploring every avenue of executive power to get what President Trump wants from the Federal Reserve: lower interest rates.

President Trump, left, has accused Fed boss Powell, right, of being too slow to cut interest rates and this week described him as a 'knucklehead'.

President Donald Trump on Wednesday reignited his attacks against Federal Reserve Chair Jerome Powell and called for significant rate cuts yet again to trim the federal deficit. In two posts on his social media platform Truth Social,

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