The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, U.S.

President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.

Treasury Secretary Scott Bessent says he "will go where the president thinks" he's "best suited" to serve, as calls grow for ...

The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views ...

Social media declaration comes after Federal Housing Finance Agency head accuses Fed chief of lying to lawmakers.

At their annual gathering in the hills of Portugal's Sintra, central bankers this week confronted rising challenges to their ...

As President Donald Trump and his advisers begin weighing replacements for Federal Reserve Chair Jerome Powell, they’re ...

The odds of a rate cut at the Federal Reserve's next meeting evaporated after a resilient jobs report for June alleviated ...

The June jobs report takes center stage as the S&P 500 and Nasdaq Composite hover at record levels in this short trading week ...

Treasury Secretary Scott Bessent questioned Federal Reserve policymakers’ judgment on interest rates, reiterating his view ...

President Donald Trump's long-standing feud with Fed Chair Jerome Powell burns on, this time with him calling on Powell to ...

If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...