Bessent says he had breakfast with Fed's Warsh on Thursday
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U.S. Treasury Secretary Scott Bessent attends a press briefing in the James S. Brady Press Briefing Room at the White House in Washington, D.C., U.S., May 28, 2026. REUTERS/Kylie Cooper
WASHINGTON, May 28 (Reuters) - U.S. Treasury Secretary Scott Bessent said he had breakfast with new Federal Reserve chair Kevin Warsh on Thursday.
Asked by a reporter at a White House briefing if he pressed Warsh to lower interest rates, Bessent instead responded about his frequent meetings with the previous Fed chair, Jay Powell.
"I had breakfast with Chair Powell 41 times, and I never did that," Bessent said, without elaborating.
President Donald Trump repeatedly urged Powell to lower interest rates.
(Reporting by Gram Slattery and Bo Erickson;Editing by David Ljunggren)
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