News

Treasury secretary says work has begun on finding Fed Chair Powell’s successor
Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: ...
Trump raises pressure on Powell while calling firing ‘unlikely’
President Trump said he’s not planning to fire Jerome Powell, and still managed to make it sound like a threat.
Trump eyes Cabinet member to replace 'Mr Too Late' Powell at the Fed: report
Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who he has criticized over interest rates.
Bessent says entire Fed needs to be examined as an institution
The Fed should be reviewed, citing what the Treasury secretary called “fearmongering over tariffs” despite the emergence of ...
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Powell’s Successor May Struggle To Deliver The Rate Cuts Trump Wants
It’s a trade that takes a chance on Trump getting his way, shrugging off how the central bank goes about setting rates.
Trump blasts Powell, says any replacement would be better for refinancing $9T debt
Trump discusses plans to replace Federal Reserve Chairman Powell in a FOX Business interview, criticizing high interest rates ...
JPMorgan’s Dimon: Fed independence ‘absolutely critical’
The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.” ...