Trump and Bessent Criticize Jerome Powell's Decision to Remain at the Fed
President Donald Trump and Treasury Secretary Scott Bessent criticized Jerome Powell's decision to stay at the Federal Reserve beyond his current term. Trump mocked Powell's choice, suggesting it was due to a lack of other job opportunities, while Bessent called it a violation of Fed tradition. The comments highlight growing political tensions around the central bank.
Topics: Federal Reserve Jerome Powell President Trump Regulatory Criticism Scott Bessent