Treasury Secretary Bessent calls for a review of ‘the entire’ Federal Reserve

Treasury Secretary Bessent calls for a review of ‘the entire’ Federal Reserve

Treasury Secretary Scott Bessent on Monday suggested a review of the Federal Reserve that would go beyond the current controversy over building renovations and look at its overall function. “What we need to do is examine the entire Federal Reserve institution and whether they have been successful,” Bessent said during an interview on CNBC’s “Squawk…

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Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism

Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism

Chair of the US Federal Reserve Jerome Powell speaks during a press conference following the Federal Open Market Committee meeting in Washington, DC, on June 18, 2025. Saul Loeb | Afp | Getty Images Federal Reserve Chair Jerome Powell on Tuesday emphasized the central bank’s commitment to keeping inflation in check, saying he expects policymakers…

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