U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is ...

Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: ...

Two of President Donald Trump's contenders to succeed Chair Jerome Powell are increasing their alignment with the president ...

As speculation swirled Wednesday that President Trump might fire Federal Reserve Chair Jerome Powell, investors scrambled to ...

Nobel laureate Paul Krugman, a distinguished professor at the City University of New York, says President Donald Trump's call ...

The Trump administration has formally begun the search for a successor to Federal Reserve Chair Jerome Powell, whose term ...

Bitcoin's 5% correction from all-time highs comes as sticky inflation and talk of Fed Chair Jerome Powell's replacement ...

A firing of Jerome Powell by President Trump would likely open up a legal war never before seen in the US, without any ...

The OMB chief said representatives from his agency aim to visit the central bank site “in the next week.” Meanwhile, a ...

President Trump told Republican lawmakers he was leaning toward firing Fed Chair Jerome Powell, but said he wouldn't on ...

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.

U.S. President Donald Trump criticized Federal Reserve Chair Jerome Powell but stated he is not planning to fire him. The ...