National Economic Council Director Kevin Hassett backed Treasury Secretary Scott Bessent’s call for a new residency ...
Markets are increasingly confident the US Fed will deliver a third consecutive 25bp interest rate cut on 10 December. Read ...
Treasury Secretary Bessent proposes requiring Fed regional bank presidents to live in their districts for three years, ...
The proposal would allow the Fed Board, and effectively the White House, to veto candidates who haven’t lived three years in their district.
Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve's regional bank ...
Dec 3 (Reuters) - U.S. Treasury Secretary Scott Bessent on Wednesday said he plans to advocate for a requirement that the 12 ...
WASHINGTON (AP) — Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve’s ...
Treasury Secretary Scott Bessent said the Federal Reserve Board should reject the renomination of any regional Federal ...
The Northeast and South reported steep job losses, while the Midwest and West reported job gains. New England employers laid ...
All 12 regional Fed presidents are up for reappointment in February 2026, their synchronized five-year terms creating an ...
The move is another effort by the Trump administration to have more control over the US Federal Reserve.
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