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Benzinga
Benzinga
Business
Ananya Gairola

Scott Bessent Says 'Fed Must Change Course' As Trump Weighs Jerome Powell Successors, Treasury Secretary Calls For 'Nonpartisan Review'

Scott Bessent Jerome Powell Donald Trump United States US Federal Reserve the Federal Reserve Inequality Inflation
shutterstock_2619583511-min

U.S. Treasury Secretary Scott Bessent escalated his criticism of the Federal Reserve on Friday, urging sweeping reforms and accusing the central bank of driving inflation and inequality while President Donald Trump weighs successors to Fed Chair Jerome Powell.

Bessent Calls For Overhaul Of Fed's Powers

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