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

White House correspondent Jon Decker asks President Donald Trump about the proposed ceasefire between Russia and Ukraine and ...

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

President Trump’s fight against Federal Reserve Chair Jerome Powell has taken on a new dimension, with an overhaul of the central bank’s headquarters at the center of a growing White House ...

President Trump on Tuesday suggested Federal Reserve Chairman Jerome Powell’s handling of renovations to the central bank’s headquarters could be a fireable offense, seizing on an ...

The C.E.O. of JPMorgan Chase, who has rarely taken on President Trump during his second term, wades into the argument over ...

Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome ...

Significant legal challenges would arise from an attempt to remove Fed chair Jerome Powell, but Polymarket bettors are ...

Jerome Powell has been the Federal Reserve Chair since February 2018. Trump nominated Powell in 2017, but now calls for him ...

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