President Trump on Wednesday told reporters that Jerome Powell’s handling of a $2.5 billion renovation of the Federal Reserve ...

Kevin Hassett, director of the National Economic Council and one of President Donald Trump's longest-serving economic aides, ...

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

National Economic Council director is one of the US President's longest-serving economic aides. Read more at straitstimes.com ...

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

Investing.com-- U.S. President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent was a potential option to ...

WASHINGTON] US Treasury Secretary Scott Bessent suggested that Federal Reserve chair Jerome Powell should step down from the ...

Donald Trump was elected president because he said he would end inflation. In exit polls, 76 percent of Trump voters reported that inflation caused them “severe hardship” over the previous year, and ...

Analysts say the latest dust-up between President Donald Trump and Fed Chair Jerome Powell may be more than meets the eye and that markets may not be concerned enough about the situation.

Economists expect inflation to have risen 2.7% over the year ending in June, which would mark a notable acceleration from 2.4% annual inflation recorded in the previous month.

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also steps down as a governor." ...