Fed, Trump and Lisa Cook
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Treasury Secretary Scott Bessent laughed off reports that he threatened to punch a top housing finance official by joking about the demise of Alexander Hamilton. Bessent is alleged to have squared off against Federal Housing Finance Agency Director Bill Pulte at a swanky party attended by multiple Trump administration figures,
Katz joined the Treasury Department in January 2025 and was formerly a senior fellow at the Manhattan Institute.
Bloomberg has discovered that US Treasury Secretary Scott Bessent once agreed to listed two houses as his "principal residence" in the exact same manner that President Donald Trump has accused Federal Reserve Governor Lisa Cook of doing in his quest to oust her.
U.S. Treasury Secretary Scott Bessent previously agreed to occupy two different houses at the same time as his "principal residence," Bloomberg News reported, an agreement similar to one President Donald Trump has called mortgage fraud in his unprecedented bid to fire Federal Reserve Governor Lisa Cook.
Treasury Secretary Scott Bessent and Bill Pulte, director of the Federal Housing Finance Agency, got into an explosive argument last week.
Trump’s top economic adviser squared off against Pulte after the pair crossed paths last week at a swanky private Washington D.C. club packed with MAGA A-listers, Politico reported Monday.
The dust-up, at a members-only club in Georgetown, was not the first time Scott Bessent has shown a hot temper.
Treasury Secretary Scott Bessent joins 'Squawk Box' to discuss the search for the next Fed chair, state of the economy, the Fed's inflation fight, rate path outlook, President Trump's tariff agenda, details of U.
U.S. Treasury Secretary Scott Bessent on Friday called for renewed scrutiny of the Federal Reserve, including its power to set interest rates, as the Trump administration intensifies its efforts to exert control over a central bank whose insulation from short-term political pressures is widely seen as key to effective control of inflation.
The appointment would come as the Trump administration has called for sweeping reforms at the global economic institution.
The findings come as an appeals court ruled earlier this week that Cook can remain in her role on the central bank’s governing board, as Trump has moved to fire her since late August. His administration is expected to take the case to the Supreme Court in a last-minute bid.