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Market Voices: Bessent on Powell's future, China; GM on EVs
Seeking Alpha's daily roundup of statements, announcements and remarks that could impact markets, sectors or individual stocks. Read more here.
Janet Yellen salutes Powell being ‘completely committed to the Fed’s independence’
Former Treasury Secretary Janet Yellen supported Federal Reserve Chairman Jerome Powell finishing his term, which is up in May 2026.
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CNA938 Rewind - Stock Take Today: Bessent's assurance on Powell, Japan markets post elections
On the daily markets analysis on Open For Business, Andrea Heng and Hairianto Diman speak with David Chao, Global Market Strategist from Invesco Asia Pacific.
Bessent to visit Stockholm for China trade talks; rejects push for Powell's exit
U.S. Treasury Secretary Scott Bessent said Tuesday he will travel to Stockholm next week for a third round of trade talks with his Chinese counterparts. The latest agreement between the U.S. and China expires on April 12,
Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance
"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told CNBC's Squawk Box.
US Treasury's Bessent calls for review of Fed non-monetary policy operations
U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its "mandate creep" into non-policy areas and he called on the U.S. central bank to conduct an exhaustive review of those operations.
Bessent Told Trump Not to Fire Powell, Report Says. Why His Reasons Could Boost Markets.
The President has repeatedly criticized Powell for not cutting interest rates, and he escalated his attacks on the Fed chair last week.
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