Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential ...

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 ...

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

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

The Trump administration is toying with removing Jerome H. Powell as chair of the Federal Reserve, accusing him of ...

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

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

"I've got so many people that want that job," President Donald Trump says about potential successors to Federal Reserve Chair Jerome Powell during remarks to reporters in the Oval Office.

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

President Donald Trump mentioned Scott Bessent as a potential candidate to replace Federal Reserve Chairman Jerome Powell. While landing at Joint Base Andrews, Trump acknowledged Bessent's suitability ...

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