Bessent Says Federal Reserve’s Challenges Go Beyond Chairman Powell’s Stance on Interest Rates
Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee on Capitol Hill on June 11, 2025. Madalina Vasiliu/The Epoch Times The Federal Reserve’s challenges extend beyond Chair Jerome Powell’s stance on interest rates, said Treasury Secretary Scott Bessent on CNBC’s “Squawk Box” on July 7. President Donald Trump and senior administration officials