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 ...

Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure ...

The president slapped 30% tariffs on two of America’s biggest trading partners and went on TV to fume about the head of the Federal Reserve.