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    • Monetary Policy

    Federal Reserve Under Scrutiny: Bessent Calls for Review

    Federal Reserve Under Scrutiny: Bessent Calls for Review

    Treasury Secretary Bessent urges renewed scrutiny of the Federal Reserve's policies and independence amid Trump administration pressure. Fed's role in setting interest rates and its insulation from political influence are questioned.

    Trump, Powell, and Fed Overhaul: Authority and Controversy

    Trump, Powell, and Fed Overhaul: Authority and Controversy

    Trump administration explores firing Fed Chair Powell over renovation costs. Allegations of extravagance & calls for "regimen change" fuel debate on presidential authority and Fed's independence. Cost overruns at the Fed headquarters are questioned.