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Bessent says Trump Fed appointments will 'change the narrative' on monetary policy direction

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2 hours ago

U.S. Treasury Secretary Scott Bessent didn’t shy away from talking about Federal Reserve politics and an ongoing fiscal power shift during a recent interview on FOX Business’ "Kudlow.""The important thing to remember is, we have two seats. So, there's the seat for the chair, and then there will be another appointee joining, so we actually get two appointments and President Trump will have a majority of the board in D.C.," Bessent said on Tuesday."It's going to change the composition of the Fed," he added, "it is going to change the narrative."On the same day, President Donald Trump told report...

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