There have been no indications from Powell that he plans to step down despite a barrage of criticism from the Trump administration.

"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told CNBC's Squawk Box.

Treasury Secretary Scott Bessent blasted former Treasury Secretary Janet Yellen in response to her criticizing the Trump administration’s economic and

Treasury Secretary Scott Bessent assured that the administration is more focused on “high-quality deals” for tariffs than reaching a deadline. President Donald Trump’s deadline for tariffs has been postponed twice.

US Treasury Secretary Scott Bessent on Monday called for deeper reforms of what he called an antiquated financial regulatory system and says regulators should consider scrapping a "flawed" Biden-era proposal for a dual capital requirement structure for banks.

US Treasury Secretary Scott Bessent stated that Federal Reserve Chair Jerome Powell need not resign. This statement comes after Bessent called for a r

Lawrence Summers backed Treasury Secretary Scott Bessent’s questioning of the Federal Reserve’s non-monetary policy activities, saying that there were some areas that are distinct from the broader issue of central bank independence.

Bessent has called upon European allies to join the U.S. in implementing secondary tariffs on Russia should they fail to reach a peace agreement with Ukraine