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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 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 ...

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 ...

Assuming the reverse whereby the Fed maintains its “wait-and-see” approach, the reverse applies. Assuming the Fed is the ...

"If he or she contradicts what Powell is saying, that will aggravate the FOMC, almost all of whose members will still be ...

Jerome H. Powell, whose term does not expire until May, has argued that the central bank can afford to be patient about ...

The U.S. dollar sank to three-year low following reports that Trump plans to announce Powell's Fed chair successor early, ...

Trump is reportedly weighing a slate of candidates to take over Jerome Powell's job and could announce a replacement long ...