President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent could be a candidate to replace Federal Reserve Chairman Jerome Powell, but suggested that might not happen. After landing at Joint Base Andrews following a trip to Pittsburgh,

President Donald Trump said Scott Bessent was an option to replace Jerome Powell as head of the Federal Reserve but suggested the Treasury secretary was not the leading candidate because of his success in his current role.

President Trump has expressed his frustration with Federal Reserve Chair Jerome Powell, particularly regarding interest rates and planned renovations. While he stated firing Powell is "highly unlikely,

Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the “Liberation Day” tariffs against countries that failed to cut

Treasury Secretary Scott Bessent told a room full of billionaires in Sun Valley that President Donald Trump shares a personality trait with his former boss, the famously liberal financier George Soros: Both are impatient when working on high-stakes deals.

T reasury Secretary Scott Bessent criticized Elon Musk 's new political party, saying the world's wealthiest man wasn't a popular part of the Trump administration. Asked about Musk's move, Bessent told CNN's Dana Bash that the ideas behind the administration's Department of Government Efficiency effort, also known as DOGE, were "very popular."

That looming U.S.-China trade deadline? Don’t think too much about it, Treasury Secretary Scott Bessent is counseling investors.

Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome Powell as Federal Reserve chief next year, according to people familiar with the process.