Bessent Archives - Our Story Insight

Trump admin has ‘lot of good candidates’ to replace Fed Chair Jerome Powell: Bessent

admin July 3, 2025 0 Comments

The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, Treasury Secretary Scott Bessent told CNBC on Thursday, adding that officials had “a lot of good candidates.” Bessent said it was up to the Fed to decide interest rates, although he added that if the central bank did not cut interest […]

Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts

admin January 11, 2025 0 Comments

Scott Bessent, the billionaire hedge fund manager whom President-elect Donald J. Trump picked to be his Treasury secretary, plans to divest from dozens of funds, trusts and investments in preparation to become the nation’s top economic policymaker. Those plans were released on Saturday along with the publication of an ethics agreement and financial disclosures that […]