Washington, July 22, 2025 (AFP) - US Treasury chief says no reason for Fed chair to step down now

NAMPA / AFP

2025-07-22

US Treasury Secretary Scott Bessent said Tuesday that he did not see a reason for Federal Reserve Chair Jerome Powell to resign immediately, a day after calling for a review of the Fed. "There's nothing that tells me he should step down right now," Bessent told Fox Business, although adding that if the central bank chief wanted to leave early, "he should." mlm-bys/mlm ...

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