Jerome Powell has been the Federal Reserve Chair since February 2018. Trump nominated Powell in 2017, but now calls for him ...

The hunt for the successor of Federal Reserve Chairman Jerome Powell is offically taking place, confirms U.S. Treasury Secretary Scott Bessent.

That looming U.S.-China trade deadline? Don’t think too much about it, Treasury Secretary Scott Bessent is counseling ...

The U.S. government has recently assured chip maker Nvidia Corp. that licenses for sales of its advanced H20 GPU to Chinese ...

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also steps down as a governor." ...

Nvidia Corp. and Advanced Micro Devices Inc. plan to resume sales of some AI chips in China after securing Washington’s ...

Powell’s term as a Fed governor doesn’t end until January 2028, leaving it possible for him to remain at the central bank — ...

Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair ...

Earnings season is kicking off with banks in the spotlight, but tech is stealing some limelight with Nvidia (likely) rebooting its chip sales to China (see below). Staying on China, our call of the ...

The process to choose the next head of the Federal Reserve is getting under way, Treasury Secretary Scott Bessent said, suggesting that when current Chair Jerome Powell is replaced, he should also ...

Powell has repeatedly declined to answer questions on whether he might stay on as a governor. That reticence has complicated ...

US Treasury Secretary Scott Bessent said a "formal process" to identify a potential successor to Federal Reserve Chairman ...