WorldNorth AmericaTrade warsPrint articleBessent says entire Fed needs to be examined as an institutionAndrea Shalal and Susan HeaveyUpdated Jul 22, 2025 – 4.59pm, first published at 5.47amSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginWashington | US Treasury Secretary Scott Bessent on Monday (Tuesday AEST) said the entire Federal Reserve needed to be examined as an institution and whether it had been successful.Bessent, speaking with CNBC, declined to comment on a report that he had advised President Donald Trump not to fire Fed chairman Jerome Powell, saying it would be the president’s decision.Loading...ReutersSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreTrade warsTrump's White HouseJerome PowellFederal ReserveLatest In North AmericaFetching latest articlesMost Viewed In WorldThe Australian Financial Review MagazineThe 25 new watches you need to know nowLuke Benedictus and Bani McSpeddenWhat OpenAI’s Sam Altman suggests you do to keep your jobThis Australian watch reseller is making its move on London and NYCBOSS Financial ReviewHow a divorce at the age of 36 turbocharged this leader’s careerSally Patten and Mandy CoolenThe 3 traits that stand out among this year’s BOSS Young ExecutivesHow this elite child gymnast leapt to the top of SportsbetLife & LeisureNothing is as good as the controls on these high-end headphonesJohn DavidsonThis New Zealand restaurant is getting global attentionWhy music festivals are the key to happinessRich ListRich Lister Walker family donate millions to Sydney cancer centreYolanda RedrupChina provides reality check for Forrest’s green iron dreamThree decades of PMs, fashion icons and the odd person headed for jail