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 ...

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 ...

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

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

The candidates on President Donald Trump's shortlist to succeed Chairman Jerome Powell is starting to become more apparent.

President Trump, left, has accused Fed boss Powell, right, of being too slow to cut interest rates and this week described ...