Treasury Secretary Scott Bessent told the president in recent days that ousting Federal Reserve Chair Jerome Powell entailed ...

Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on ...

Trump and White House allies have intensified pressure on Powell, urging the Fed to cut its key interest rate through a multi ...

The search for the next leader of the world’s most influential central bank is officially under way, Treasury Secretary Scott ...

Powell was nominated by Trump in November 2017 and was confirmed by the Senate in January 2018. The Fed chair’s term lasts ...

Donald Trump has refuted a Wall Street Journal report. The report claimed Scott Bessent tried to stop him from firing Jerome ...

President Trump responded angrily on Sunday to a Wall Street Journal story that Treasury Department Secretary Scott Bessent ...

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

The Wall Street Journal reported on Saturday that Bessent made clear his concerns about firing the Fed chairman in private talks with the president last week.

Treasury Secretary Scott Bessent advised President Trump against firing Federal Reserve Chair Jerome Powell, arguing that ...

Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next ...

Trump told reporters last week that he had talks with Congress members of removing the Central Bank Chair, during which he ...