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 part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest ...

Bank of America pointed out trade setups investors can do if US President Donald Trump fires US Federal Reserve Chair Jerome Powell. The long-simmering tensions between Trump and Powell reached a new ...

The Fed's architects said the central bank had wanted glass walls to reflect the Fed as a transparent institution, but three ...

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.

The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...

Fed Chair Jerome Powell says Trump’s tariffs are a major reason for delaying interest rate cuts, citing global uncertainty and inflation concerns.

WASHINGTON— Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trump's ...

Trump once again bombarded Federal Reserve Chair Jerome Powell with criticism, not shying away from calling him a “moron.” White House press secretary Karoline Leavitt holds a note from ...

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.

Federal Reserve Chair Jerome Powell spoke Tuesday morning from the European Central Bank’s annual retreat in Portugal as he faces heavy criticism from President Trump and the White House over… ...