During his presidency, Trump has frequently clashed with Powell, whom he appointed as Fed chair in 2018. Trump has criticized Powell for not lowering interest rates sooner and more. The president has ...

President-elect Donald Trump's pick for Treasury Secretary, Scott Bessent, has said Federal Reserve Chair Jerome Powell will ...

U.S. Treasury yields were lower on Thursday amid renewed concerns that President Donald Trump is considering replacing Federal Reserve Chairman Jerome Powell. One basis point is equal to 0.01% and ...

President Donald Trump received a long-awaited gift from America’s central bank today: lower interest rates for the second consecutive month. The news was delivered by one of the public officials he ...

WASHINGTON (AP) — Treasury Secretary Scott Bessent on Monday confirmed the names of five candidates to replace Jerome Powell as chair of the powerful Federal Reserve next year. Cigna will end drug ...

President Donald Trump has narrowed down his list of potential next Fed chairs. Treasury Secretary Scott Bessent told reporters that there are five finalists. Prediction markets continue to favor ...

Treasury Secretary Scott Bessent on Monday confirmed the candidate pool has been cut roughly in half, with current Fed governors Christopher Waller and Michelle Bowman, former governor Kevin Warsh, ...

Donald Trump’s Asia trip has featured plenty of pomp and the kind of spectacle that this president seems to crave, but evidence of meaningful policy advances for the United States has been in short ...

Treasury Secretary Scott Bessent on Monday confirmed the names of five candidates to replace Jerome Powell as chair of the powerful Federal Reserve next year.On an Air Force One flight to Asia with ...