Treasury Secretary Scott Bessent said it’s time for Federal Reserve Chairman Jerome Powell to “move on” from the central bank after his term expires in mid-May, deriding Powell’s decision to stay aboard as a governor. “It’s Chair Powell’s decision to stay as a governor if he wants. I think it violates all norms. They would […]
Powell staying on as Fed board governor ‘violates all norms,’ Bessent says
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Powell staying on as Fed board governor ‘violates all norms,’ Bessent says