President Trump has consistenly called out chair Powell on Truth Social, nicknaming the banking head 'Too Late.' He's taken ...

WASHINGTON] US Treasury Secretary Scott Bessent said on Tuesday (Aug 19) that interviews for Federal Reserve Chair Jerome Powell’s replacement are set to take place around Sep one – with 11 candidates ...

Jefferson, a former academic, is a member of Powell's inner circle as the Vice Chair of the Fed board. He was appointed to his post by former President Joe Biden. Logan is a former top Fed staffer who ...

The Treasury secretary has said he has “the best job in Washington,” although he has often been floated as a name for the top job at the central bank.

U.S. Treasury Secretary Scott Bessent said he isn’t calling for a series of interest-rate cuts from the Federal Reserve, just ...

I think we could go into a series of rate cuts here, starting with a 50 basis-point rate cut in September,” Bessent said in a ...

Strategists questioned the Treasury Secretary's recent comments asserting that Federal Reserve policy overshoots models by ...

Powell’s term as chairman of the US central bank expires in May 2026, and the Trump administration – already interviewing potential replacements – is casting a “very wide net” in the search for his ...

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...

Treasury Secretary Scott Bessent said Wednesday that short-term interest rates should be between 1.5 percentage points and 1.75 percentage points lower than their current level, keeping up the ...

Trump’s latest remarks come just days before Powell is scheduled to speak at the annual Jackson Hole central banking ...

Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role ...