Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.

Without independence, the Fed couldn’t be trusted to give priority to low inflation over the president’s other priorities.

As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest ...

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The National Capital Planning Commission has become pivotal in the administration’s campaign to discredit Jerome H. Powell, ...

As the Fed moved forward with plans to renovate its Great Depression-era headquarters in Washington during Trump’s first term ...

Federal Reserve Governor Chris Waller is open to leading the central bank if President Trump requests. Waller advocates a ...

President Trump has become more hostile to the Federal Reserve’s chair. Markets aren’t worried yet, but some on Wall Street ...

Amid reports that President Trump may fire the head of the Federal Reserve, Speaker Mike Johnson (R-La.) said Wednesday that it’s unclear if the president has the power to do it.

Fed Chair Jerome Powell says Trump’s tariffs are a major reason for delaying interest rate cuts, citing global uncertainty and inflation concerns.

Powell repeated his view Tuesday that U.S. inflation is likely to pick up later this summer, though he acknowledged that the timing and magnitude of any price increase from the duties is uncertain.

President Trump criticized Fed Chairman Powell over interest rates, seeking a replacement who would lower rates as the U.S. faces refinancing $9 trillion in debt.