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

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,