Bessent Calls for Curb on Fed Authority, Accuses It of ‘Gain-of-Function’ Monetary Experiments That Distort Economy

Treasury Secretary Scott Bessent speaks to reporters during a briefing at the White House in Washington, on April 29, 2025. Travis Gillmore/The Epoch Times Treasury Secretary Scott Bessent ramped up his criticism of the Federal Reserve on Sept. 5, accusing it of running risky “gain-of-function” monetary experiments that warped financial markets, rewarded asset holders, and

Bessent Calls for Curb on Fed Authority, Accuses It of Distorting Economy

Treasury Secretary Scott Bessent speaks to reporters during a briefing at the White House in Washington, on April 29, 2025. Travis Gillmore/The Epoch Times Treasury Secretary Scott Bessent ramped up his criticism of the Federal Reserve on Sept. 5, accusing it of running risky “gain-of-function” monetary experiments that warped financial markets, rewarded asset holders, and

Trump Runs out of Patience With China, Sharpens His Words

President Donald Trump speaks to the media while signing executive orders in the Oval Office of the White House on Sept. 5, 2025. Kevin Dietsch/Getty Images WASHINGTON—President Donald Trump’s recent remarks targeting China and its allies mark a noticeable shift in tone. After months of avoiding direct criticism of Chinese Communist Party leader Xi Jinping,

CBS Changes Policy for ‘Face the Nation’ Interviews After Kristi Noem Interview

Homeland Security Secretary Kristi Noem testifies before the Senate Committee on Homeland Security and Governmental Affairs on Capitol Hill on May 20, 2025. Madalina Vasiliu/The Epoch Times CBS News has announced it will no longer edit guest interviews on its flagship Sunday program “Face the Nation,” moving to a live or live-to-tape format following days

Trump Short-Lists Hassett, Warsh, and Waller as Top Picks for Fed Chair

National Economic Council Director Kevin Hassett speaks to reporters at the White House on April 14, 2025. Kevin Lamarque/Reuters President Donald Trump confirmed on Sept. 5 his top three candidates to succeed Federal Reserve Chairman Jerome Powell when his term ends in May 2026. Speaking to reporters, Trump said he is considering former member of

Trump Shortlists Hassett, Warsh, and Waller as Top Picks for Fed Chair

National Economic Council Director Kevin Hassett speaks to reporters at the White House on April 14, 2025. Kevin Lamarque/Reuters President Donald Trump confirmed on Sept. 5 his top three candidates to succeed Federal Reserve Chair Jerome Powell when his term ends in May next year. Speaking to reporters, Trump said he is considering former Fed

Schumer Threatens to ‘Force’ a Senate Vote on Repealing Trump’s Tariffs

Senate Minority Leader Chuck Schumer (D-N.Y.) speaks to reporters at a press conference on Capitol Hill in Washington on Sept. 3, 2025. Madalina Kilroy/The Epoch Times WASHINGTON—Senate Democrats are threatening to force a vote on repealing import tariffs imposed by President Donald Trump. The announcement was made on social media by Senate Minority Leader Chuck