Australian shares are poised to advance. Equities were mixed in New York as the megacap techs lost momentum. Iluka, Woodside and Paladin to report. Follow live.

US Treasury Secretary Scott Bessent stated that Federal Reserve Chair Jerome Powell need not resign. This statement comes ...

In the battle over the future of Federal Reserve Chair Jerome Powell, Treasury Secretary Scott Bessent appears to be focused ...

Federal Reserve Chair Jerome Powell spoke of a need to unify and maintain a "safe, sound and efficient" U.S. banking system within hours of Treasury Secretary Scott Bessent calling the embattled ...

Former Treasury Secretary Janet Yellen supported Federal Reserve Chairman Jerome Powell finishing his term, which is up in May 2026.

Trump urges major Fed rate cuts, questions Powell’s motives, and backs probe into central bank spending and effectiveness.

Powell can’t be fired, but GOP senators must carefully vet his eventual successor.

A group of White House officials are set to visit the Federal Reserve on Thursday amid escalating criticism of chairman Jerome Powell over renovations to the central bank’s headquarters. James Blair, ...

Treasury Secretary Scott Bessent called for a full review of the Federal Reserve system. He said on CNBC’s Squawk Box, “I think what we need to do is examine the entire Federal Reserve institution and ...

US Treasury Secretary Scott Bessent said Tuesday that he did not see a reason for Federal Reserve Chair Jerome Powell to resign immediately, a day after calling for a sweeping ...

Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve o after getting caught in the ...

One of the favorites to replace the Fed chair offered tempered support amid continued attacks from President Trump and ...