Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on ...

President Donald Trump pushed back on a report from over the weekend that revealed Treasury Secretary Scott Bessent listed ...

Trump and White House allies have intensified pressure on Powell, urging the Fed to cut its key interest rate through a multi ...

Powell was nominated by Trump in November 2017 and was confirmed by the Senate in January 2018. The Fed chair’s term lasts ...

Treasury Secretary Scott Bessent advised President Trump against firing Federal Reserve Chair Jerome Powell, arguing that ...

Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome ...

President Trump responded angrily on Sunday to a Wall Street Journal story that Treasury Secretary Scott Bessent had personally sought to talk him out of trying to fire Federal Reserve Chairman ...

Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next ...

Trump told reporters last week that he had talks with Congress members of removing the Central Bank Chair, during which he ...

The search for the next leader of the world’s most influential central bank is officially under way, Treasury Secretary Scott ...

The WSJ report, quoting unnamed sources, said that Bessent had warned Trump about the possible legal, political, and market ...

As Trump allies intensify criticism of Jerome Powell, Treasury Secretary Scott Bessent urges caution, warning of legal chaos ...