Scott Bessent discussed ways to recast ties between Federal Reserve and Treasury in Bank of England’s image
Conversations come at time when Donald Trump has launched assault on US central bank
Conversations come at time when Donald Trump has launched assault on US central bank

Policymakers sparred over decision to cut interest rates earlier in December

A wave of new research suggests Donald Trump is taking significant risks with his assaults on the US Federal Reserve

Treasury secretary’s discussions with crypto groups have helped inform issuance decisions

President says US Treasury secretary took his name out of consideration

The Treasury secretary wants to use swap lines to lock in dollar supremacy

Pressure from Donald Trump and concerns over economic growth open schism among central bank’s officials