WASHINGTON, June 24 (Reuters) - U.S. Treasury ‌Secretary Scott Bessent on Wednesday applauded Federal Reserve Chair Kevin Warsh's plan to reduce forward rate guidance, but said Fed policymakers need ...
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US stock market: Bessent applauds Fed communication reset, questions dot plot's relevanceU.S. Treasury Secretary Scott Bessent has endorsed Federal Reserve Chair Kevin Warsh's efforts to overhaul the central bank's communication strategy, arguing that policymakers should move away from ...
A senior aide to Treasury Secretary Scott Bessent is set to join the Federal Reserve as an adviser to Chairman Kevin Warsh, according to two people familiar with the matter.
Warsh wants big balance sheet reforms and the groundwork for a change is arguably under way. Some key officials—namely, Fed Vice Chair for Supervision Michelle Bowman and Treasury Secretary Scott ...
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