Outside the U.S. Department of the Treasury in Washington, D.C. stands an imperious-looking statue honouring the institution’s longest-serving secretary. Albert Gallatin was the Swiss-born founding ...

Consumers’ inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed’s 2% ...

Consumers' inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed's 2% ...

President Trump said Scott Bessent could potentially lead the Federal Reserve but the former hedge-fund manager wasn't his ...

Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome Powell as Federal Reserve chief next year, according to people familiar with ...

The New York Times was first to report, Trump waved a draft letter firing Powell during a meeting with House Republicans, and ...

Scott Bessent, Secretary of the Treasury, stated that the Trump administration has formally launched the process of finding a ...

Sign up here to receive “The US in brief” as a newsletter, each weekday, in your inbox.

Both the S&P 500 and Nasdaq - and by extension, MSCI's world equities index - retreated from record peaks after traders ...

President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent could be a candidate to replace Federal Reserve ...

Scott Bessent is not going to be the next Federal Reserve chair. This came only hours after Scott himself said he’d be “happy ...

President Donald Trump suggested Treasury Secretary Scott Bessent could potentially replace Federal Reserve Chairman Jerome Powell. Although Bessent is a candidate, Trump has expressed satisfaction ...