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

Republican lawmakers are split over if President Trump should fire Federal Reserve Chair Jerome Powell, with some pushing him to nix the central bank head and others encouraging him to be patient.

Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair ...

U.S. President Donald Trump said Wednesday he is not planning to fire Federal Reserve Chair Jerome Powell even as he unleashed a fresh round of criticism against the central bank chief for not ...

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 ...

Ideas for how to squeeze the country’s interest bill, ideally without cutting spending or raising taxes, are thus at a ...

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

When a reporter asked if the expensive renovation was a fireable offense, Trump replied, “I think it sort of is." ...

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

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

Trump says it is "highly unlikely" he will dismiss Jerome Powell, despite saying the US Fed chair is “doing a lousy job” ...

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