The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...

The likelihood of a Federal Reserve rate cut in September is now seen near 100% after new data showed U.S. inflation ...

President Trump's looming changes to the Federal Reserve are "going to change the narrative," Treasury Secretary Scott ...

I think we could go into a series of rate cuts here, starting with a 50 basis-point rate cut in September,” Bessent said in a ...

U.S. government debt was rallying on Wednesday, pushing yields lower across the board, as traders assessed Treasury Secretary ...

Politics aside, most Fed officials agree that rates will fall this year, with the median "dot plot" in the Fed's June Summary ...

Treasury Secretary Scott Bessent said Wednesday that short term interest rates should be 1.5 to 1.75 percentage points lower than their current level, keeping up the administration’s pressure ...

Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – breaking from his zipped-lip stance on the Fed’s monetary agenda. Bessent said ...

Treasury Secretary Scott Bessent defended releasing monthly jobs reports amid accuracy concerns, emphasizing the need for ...

Treasury Secretary Scott Bessent says the Federal Reserve should drastically slash rates. Wall Street isn’t so sure.

U.S. Treasury Secretary Scott Bessent calls for major Fed rate cuts and pushes for a Congressional stock trading ban.

Powell’s term as chairman of the US central bank expires in May 2026, and the Trump administration – already interviewing potential replacements – is casting a “very wide net” in the search for his ...