Treasury secretary scott bessent sees inflation plummeting to the federal reserves 2% target despite trumps tariffs. Fed chair jerome powell has called for more. Central bank as a board member after his term as chief expires in. Treasury secretary scott bessent said thursday he wouldnt be commenting on the federal reserves interest rate policies and expressed confidence in fed chair jerome. Federal reserve chair jerome powell can finish his first term leading the u. s.
Fed chair jerome powell has called for more. The proposal from scott bessent, chief executive of the hedge fund key square, is for trump to nominate and seek senate confirmation of powells replacement well over a year before.