Treasury Secretary Scott Bessent’s call for the Federal Reserve to “change course” marks his most public stance yet on central bank policy. The remarks, made in the context of ongoing presidential pressure on the Fed, signal increasingly vocal scrutiny of U.S. monetary decisions.

Stephen Miran, President Trump’s choice for the Federal Reserve, is slated to appear before the Senate Banking Committee on September 4. The timing is critical, as the administration hopes to confirm him before the upcoming Federal Open Market Committee meeting on September 16 and 17.