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

Treasury Secretary Scott Bessent on Tuesday said that the process to pick a new chairman of the Federal Reserve has started, ahead of chair Jerome Powell’s term ending in 2026 and amid growing ...

The Federal Reserve’s political independence — the sense that the world’s most powerful central bank makes decisions based on ...

The Federal Reserve left interest rates unchanged in its fourth meeting of 2025. The Fed aims to bring inflation down to 2%, ...

As former Bank of England Deputy Governor Paul Tucker said at a recent conference in London, the best way for central banks ...

As President Donald Trump and his advisers begin weighing replacements for Federal Reserve Chair Jerome Powell, they’re ...

President Trump on Friday morning threw barbs at Trump-appointed Federal Reserve Chairman Jerome Powell, against whom he’s ...

Trump has repeatedly blasted Powell over the Fed's decision not to lower interest rates as much as the president desires.

The Trump administration’s intensifying campaign against Federal Reserve Chair Jerome Powell hit a boiling point Thursday.

A recent letter from the White House is raising eyebrows in Washington — with some analysts speculating it may be part of a ...

After the widespread uncertainty caused by the tariff policy, Powell said the Fed decided the "prudent thing to do is to wait ...

The Fed chief has repeatedly declined to say whether he will step down when his four-year term as chair expires in May, or ...