U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is ...

Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: ...

On July 29-30, the Federal Open Market Committee will announce its interest rate policy. Read about the rumors that Fed Chair ...

Two of President Donald Trump's contenders to succeed Chair Jerome Powell are increasing their alignment with the president ...

Nobel laureate Paul Krugman, a distinguished professor at the City University of New York, says President Donald Trump's call ...

US Treasury Secretary Scott Bessent said a "formal process" to identify a potential successor to Federal Reserve Chairman Jerome Powell is already starting. Bessent added, "I think it'd be very ...

In a CNBC interview, Treasury Secretary Scott Bessent suggested for a review of the Federal Reserve that would go beyond the ...

A firing of Jerome Powell by President Trump would likely open up a legal war never before seen in the US, without any ...

Bitcoin's 5% correction from all-time highs comes as sticky inflation and talk of Fed Chair Jerome Powell's replacement ...

The OMB chief said representatives from his agency aim to visit the central bank site “in the next week.” Meanwhile, a ...

The Republican president’s fixation on getting rid of Jerome Powell early and drastically lowering interest rates is putting the US economy at risk ...

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