Treasury Secretary Bessent: No Grounds for Powell’s Resumption Now, Calls for Internal Review

U.S. Treasury Secretary Scott Bessent asserted there is “no reason” for Federal Reserve Chair Jerome Powell to resign at present, Bloomberg reported. Bessent reiterated his demand for an “internal review” of the central bank’s operations, emphasizing continuity in leadership amid ongoing economic evaluations. The statement comes amid heightened scrutiny of the Fed’s policy trajectory.