Jerome Powell has long been a target of President Donald Trump, who has repeatedly criticized the Fed chair for not cutting ...

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

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

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

Treasury Secretary Scott Bessent, in an interview on Bloomberg Television, said he hasn't looked at the CPI number that's ...

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

US Treasury Secretary Scott Bessent suggested that Federal Reserve Chair Jerome Powell should step down from the central bank ...

Treasury Department Secretary Scott Bessent on Tuesday said the process to pick a new chair of the Federal Reserve has started, ahead of Chair Jerome Powell’s term ending in 2026 and amid growing ...

The Trump administration has formally begun the search for a successor to Federal Reserve Chair Jerome Powell, whose term ...

Treasury Secretary Scott Bessent claimed the president is "not looking to fire" Powell, but noted that the search for his replacement is already underway.

However, Powell’s term as Fed governor is till January 2028, allowing him to legally be a part of monetary policy decisions ...

Powell has repeatedly declined to answer questions on whether he might stay on as a governor. That reticence has complicated ...