United States Economy – Page 14

Bessent Accuses IMF and World Bank of ”Mission Creep”

Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their missions.

By Alan Rappeport

Banking and Financial Institutions Customs (Tariff) Inflation (Economics) Interest Rates United States Economy

Trump Says He Won’t Fire Powell. His Fed Battle May Not Be Over Yet.

The president said he has “no intention” of ousting Jerome H. Powell, the Fed chair, but the administration’s willingness to challenge norms regarding the central bank’s political independence is causing concern.

By Colby Smith

Banking and Financial Institutions Customs (Tariff) Inflation (Economics) Interest Rates United States Economy

Trump Says He Won’t Fire Powell. His Fed Battle May Not Be Over Yet.

The president said he has “no intention” of ousting Jerome H. Powell, the Fed chair, but the administration’s willingness to challenge norms regarding the central bank’s political independence is causing concern.

By Colby Smith

Bessent, Scott China Customs (Tariff) Taxation Treasury Department Trump, Donald J United States Economy United States Politics and Government

Treasury Secretary Bessent Talks China Trade War De-Escalation and Tax Cuts

Scott Bessent told a group of investors that he expected trade tensions with China to de-escalate.

By Alan Rappeport