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.

Treasury Secretary Scott Bessent has criticized Moody’s Ratings for downgrading the U.S. credit rating, calling the agency a “lagging indicator.” The comments come as CBS News business contributor Javier David sheds light on the implications during “CBS Morning News.”