Trump told reporters last week that he had talks with Congress members of removing the Central Bank Chair, during which he ...

Jerome Powell Resignation before May could rattle markets, Bessent warns Trump, urging patience to avoid legal and political fallout risks.

Without independence, the Fed couldn’t be trusted to give priority to low inflation over the president’s other priorities.

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.

Trump Allies Push for Accountability as Renovation Controversy Unfolds In a striking turn of events, the integrity of Federal Reserve Chair Jerome Powell is c ...

A federal judge has restored a Democrat to the Federal Trade Commission, ruling that President Donald Trump illegally fired her earlier this year in his efforts to exert control over independent ...

President Donald Trump threatened on Wednesday to fire Federal Reserve Chair Jerome Powell, citing cost overruns in Fed building renovations as a potential cause. While Trump has since played down the ...

Rep. French Hill (R-Ark.), the chairman of the House Financial Services Committee, said on Thursday that he does not “believe ...

WASHINGTON -- WASHINGTON (AP) — Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from GOP ...

President Trump denied he plans to fire Federal Reserve chairman Jerome Powell after telling Republican lawmakers he would likely make the move.

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.