The US Treasury secretary expects tariffs and growth to boost government revenue, while banks and monetary innovation keep ...

Under the law, Trump can fire Powell for what’s known as “cause.” What Trump’s inner circle is grappling with is what exactly ...

Experts weigh in on how the housing market could react if Fed Chair Jerome Powell is dismissed, and they point to economic ...

Consumers’ inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed’s 2% ...

U.S. President Donald Trump reportedly told Republican lawmakers that he will fire Federal Reserve Chair Jerome Powell, reported CNBC, citing a senior White House official. "The President asked ...

President Trump said Scott Bessent could potentially lead the Federal Reserve but the former hedge-fund manager wasn't his ...

There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair ...

Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome Powell as Federal Reserve chief next year, according to people familiar with ...

The New York Times was first to report, Trump waved a draft letter firing Powell during a meeting with House Republicans, and ...

Scott Bessent, Secretary of the Treasury, stated that the Trump administration has formally launched the process of finding a ...

President Donald Trump has said it is "highly unlikely" he will fire the chair of the US Federal Reserve, hours after asking lawmakers whether he should sack Jerome Powell. Stock markets and the ...

Scott Bessent, before assuming his role as the Treasury Secretary, spent his career in finance, working for macro investment billionaire George Soros and noted short seller Jim Chanos, as well as ...