Bessent Meets With Fed Chair Kevin Warsh for Breakfast

Treasury Secretary Scott Bessent met with Fed Chair Kevin Warsh on Thursday. He noted he never pressured former chair Jay Powell on rates during past meetings.

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United States Treasury Secretary Scott Bessent met Federal Reserve Chair Kevin Warsh for breakfast on Thursday. When asked by a reporter at a White House briefing whether he pressed Warsh to lower interest rates, Bessent declined to answer and instead referenced his history with former Fed Chair Jay Powell.

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