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Deadline: Trump told Congress to get the bill passed by July 4, but with a 53-seat majority in the Senate and several ...

Treasury Secretary Scott Bessent confirmed Monday that he would be open to replacing Federal Reserve Chairman Jerome Powell, ...

Treasury Secretary Scott Bessent said Monday he’d be open to replacing Federal Reserve Chair Jerome Powell as President Trump ...

The Fed operates with what is known as instrument independence, which means that it can raise or lower interest rates or buy ...

Powell's term as chair of the Fed ends in May 2026, but Trump is reportedly considering announcing a replacement as early as ...

CNBC's Megan Cassella joins 'Squawk on the Street' to discuss comments from Secretary Bessent on the appointment of a new Fed ...

As the Senate prepares to vote on a key piece of the president’s domestic agenda, prominent critics, including Elon Musk, are ...

Possible changes to President Donald Trump’s big bill of tax breaks and spending cuts are being considered, though most of ...

Treasury Secretary Scott Bessent said that there are 'people' already at the Federal Reserve who are under consideration to ...

President Donald Trump escalated his attacks on Federal Reserve Chair Jerome H. Powell over the weekend, calling him a “stupid person” for not cutting short-term borrowing rates right away.

Powell’s term as chair ends in late May 2026. Trump has said he would not give the job to anyone who does not align with his ...