Scott Bessent Urges Fed to Alter Its Path as Trump Considers Jerome Powell's Successors, Treasury Secretary Advocates for 'Nonpartisan Review'
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Updated: Sep 06 2025
0mins
Source: Benzinga
Bessent's Criticism of the Fed: U.S. Treasury Secretary Scott Bessent criticized the Federal Reserve, calling for a nonpartisan review of its powers and accusing it of exacerbating inflation and inequality, particularly affecting housing affordability.
Trump's Potential Fed Chair Replacements: President Donald Trump is considering candidates to replace Fed Chair Jerome Powell, with Bessent among the names mentioned, although he has expressed disinterest in the position.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
