Bessent defends Powell probe: "Independence does not mean no accountability"
Treasury Secretary Scott Bessent tells CBS News that Federal Reserve officials must be "beyond reproach" in communicating with the public.
Last updated: 2026-01-29 00:28:24 ET
Treasury Secretary Scott Bessent tells CBS News that Federal Reserve officials must be "beyond reproach" in communicating with the public.
Succession drama, legal intrigue and political independence: These are top issues that DealBook would ask of the Federal Reserve chairman.
The Trump administration has unleashed a barrage of attacks on the Federal Reserve, including a criminal investigation into its chair, Jerome H. Powel...
He also met his counterpart from Israel which has recognised the independence of the breakaway region.
The Pentagon criticized the military newspaper as “woke.” Now its leaders — and some members of Congress — are trying to assert Stars and Stripes’ independence from the Defense Department.