Sources
- Mona Salama
Treasury Sect. Bessent mentions the Federal Reserve during remarks at Cabinet meeting — the 1st from the WH administration since news of President Trump move to fire Fed Gov. Lisa Cook & Cook's defiance in refusing to step down "Topic that is on the front of everyone mind, the https://t.co/QXrhmQtWA7
- First Squawk
US Treasury Sec. Bessent: Fed’s independence stems from political arrangement; credibility comes from public trust. Says Trump is restoring trust in government.
- Heather Timmons
Video: The Fed's independence comes from a "political arrangement" that depends on public trust, @USTreasury's Bessent says in Trump cabinet meeting https://t.co/fWAAE5bLa2