Bessent Says Powell Staying On Is ‘Violation’ of All Fed Norms

Source: Bloomberg Politics · Bias: Center

Summary

Treasury Secretary Scott Bessent criticized Jerome Powell for his decision to stay on the Federal Reserve Board after he steps down as the US central bank’s chair, saying it amounts to a break with Fed tradition.

Related Coverage

Daily Analysis

Read the full Parallax Pulse for April 29, 2026 — an AI-powered analysis of how Left and Right media covered the biggest stories this day.

More Headlines From April 29, 2026

Bessent Says Powell Staying On Is ‘Violation’ of All Fed Norms
Bloomberg Politics

Bessent Says Powell Staying On Is ‘Violation’ of All Fed Norms

Center

Treasury Secretary Scott Bessent criticized Jerome Powell for his decision to stay on the Federal Reserve Board after he steps down as the US central bank’s chair, saying it amounts to a break with Fed tradition.

Bessent Says Powell Staying On Is ‘Violation’ of All Fed Norms | ParallaxNews.io