Bessent Urges Federal Reserve Review Amid Trump-Powell Tensions
TL;DR
President Trump publicly disputed a Wall Street Journal article claiming his Treasury Secretary advised him against firing Fed Chair Powell, asserting he knows better what’s good for the market. This comes amid ongoing tensions and Trump’s recent lawsuit against the WSJ over a separate story involving a letter to Jeffrey Epstein. Trump also indicated he might consider firing Powell but has not made a final decision.
- Trump Slams WSJ Article About Treasury Secretary Warning Him to Not Fire Fed's Powell Variety
- Treasury Secretary Bessent calls for a review of 'the entire' Federal Reserve CNBC
- Exclusive | How Bessent Made the Case to Trump Against Firing Fed Chair Powell - WSJ The Wall Street Journal
- Scott Bessent calls for probe into ‘the entire Federal Reserve institution’ Financial Times
- Trump denies another Journal report, this time on Powell, Bessent The Hill
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