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Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.
As the Fed moved forward with plans to renovate its Great Depression-era headquarters in Washington during Trump’s first term ...
The Federal Reserve, under the leadership of Chairman Jerome Powell, is facing an unprecedented wave of scrutiny from Capitol ...
Fed Chair Jerome Powell responds to criticism from the White House over the costly renovation of Fed headquarters.
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from GOP senators who fear ...
Amid reports that President Trump may fire the head of the Federal Reserve, Speaker Mike Johnson (R-La.) said Wednesday that it’s unclear if the president has the power to do it.
Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering ...
Fed Chair Jerome Powell says Trump’s tariffs are a major reason for delaying interest rate cuts, citing global uncertainty and inflation concerns.
Powell repeated his view Tuesday that U.S. inflation is likely to pick up later this summer, though he acknowledged that the timing and magnitude of any price increase from the duties is uncertain.
U.S. President Donald Trump intensified his criticism of Federal Reserve Chair Jerome Powell on Friday, suggesting he would welcome Powell's resignation amid disagreements over interest rate policies.
U.S. Treasury yields were lower on Thursday amid renewed concerns that President Donald Trump is considering replacing Fed Chairman Jerome Powell.