News

President Trump said Scott Bessent could potentially lead the Federal Reserve but the former hedge-fund manager wasn't his ...
Republican lawmakers are split over whether President Trump should fire Federal Reserve Chair Jerome Powell, with some pushing him to nix the central bank head and others encouraging him to be ...
Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair ...
By Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Donald Trump said Wednesday he is not planning to fire Federal Reserve Chair Jerome Powell even as he unleashed a fresh round of criticism ...
Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome Powell as Federal Reserve chief next year, according to people familiar with ...
There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald ...
Ideas for how to squeeze the country’s interest bill, ideally without cutting spending or raising taxes, are thus at a ...
The New York Times was first to report, Trump waved a draft letter firing Powell during a meeting with House Republicans, and ...
When a reporter asked if the expensive renovation was a fireable offense, Trump replied, “I think it sort of is." ...
Powell was nominated by Trump in November 2017 and was confirmed by the Senate in January 2018. The Fed chair’s term lasts ...
Joe LaVorgna, counselor to Treasury Secretary Bessent, joins 'Power Lunch' to discuss President Trump's desire to fire Fed chair Powell, if a rate cut is now off the table and much more.