Senate Finance Committee member Sen. John Cornyn (R-Texas) joins 'Squawk Box' to discuss the confirmation hearing of President-elect Trump's Treasury pick Scott Bessent, Trumps' tariff proposals, the Fed's independence, fate of TikTok, and more.

CNBC

United States

Sen. John Cornyn on Scott Bessent's confirmation hearing, Fed independence and fate of TikTok

Ad Fontes Media

All Sides

Media Bias/Fact Check

Roberts family

The Senate Committee on Finance holds a hearing at 10:30 a.m. ET on Jan. 16 to consider the anticipated nomination of Scott Bessent to be secretary of the Treasury.
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The Epoch Times

Epoch Media Group

New York

LIVE NOW: Senate Holds Confirmation Hearing on Scott Bessent as Secretary of the Treasury

Chair Jerome Powell is battling to keep control of the Federal Reserve. He and Trump agree on weak regulation. On cheap money policy, Trump is winning.

Real Clear Politics

Chicago

Cook County

Illinois

Keeping the Fed Independent--To Serve Wall Street

Economists are very interested in Bessent's views on Federal Reserve independence.
Before the election, Bessent floated the idea of a "shadow Fed chair" where Trump would select a replacement for Fed Chairman Jerome Powell this year. Powell's term doesn't end until May 2026.
The idea has been push

MarketWatch

Murdoch family

Economists keen to hear Bessent's views on Fed independence

Scott Bessent also backs tax cuts to avoid ‘economic calamity’

Business Live

Johannesburg

City of Johannesburg Metropolitan Municipality

Gauteng

South Africa

Trump treasury pick supports Fed independence, tariffs and Russian sanctions

Scott Bessent, President-elect Donald Trump’s choice for Treasury secretary, said Thursday that he supports the US central bank’s independence when it comes to monetary policy. Speaking at his confirmation hearing, Bessent told US lawmakers that the Federal Reserve’s policymaking committee “should be independent” of the president.   The post Bessent says US Fed should be independent on monetary policy appeared first on Insider Paper.

Insider Paper

Bessent says US Fed should be independent on monetary policy

(Reuters) – The Federal Reserve should stay independent, Trump’s pick to be U.S. Treasury Secretary told a Senate panel on Thursday. “I think on monetary policy decisions, the FOMC should be independent,” Scott Bessent told the U.S. Senate Finance Committee, referring to the Fed’s monetary policysetting panel, the Federal Open Market Committee. “President Trump is going to make his views known,” Bessent said, just as senators do when they disagr…

regionalmedianews.com

Fed should stay independent, Trump’s pick for US Treasury Secty says  - Regional Media News

Sen. John Cornyn on Scott Bessent's confirmation hearing, Fed independence and fate of TikTok

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