Treasury Secretary Scott Bessent told House lawmakers ... Tuesday he has "no intention of firing" Federal Reserve Chairman Jerome Powell, one day after Mr. Trump called Powell a "major loser." ...

On Wall Street, the White House's constant messaging shifts are beginning to drown out the messages themselves.

President Donald Trump backed off his attacks on Jerome Powell after his threats to sack the Federal Reserve chairman spooked ... SLOWING of the economy unless Mr. Too Late, a major loser, lowers ...

urged President-elect Trump’s pick for Treasury secretary, billionaire investor Scott Bessent, to not interfere with the Federal Reserve ... s independence, as Mr. Bessent has suggested.” ...

Treasury Secretary Scott Bessent on Monday said the White House will start interviewing candidates this fall to succeed Federal Reserve Chair Jerome Powell, whose term ends in May 2026.

Solomon and Jeanna Smialek Michael Barr will step down from his role as the Federal ... Scott, the South Carolina Republican who will head the powerful Senate Banking Committee, welcomed Mr ...

President Trump started the week complaining again that the Federal Reserve should be cutting interest ... “But there can be a SLOWING of the economy unless Mr. Too Late, a major loser, lowers ...

Not only would the latter forestall aggressive interest-rate cuts by the Federal Reserve ... he ought to have a voice in rate decisions. Scott Bessent, Mr Trump’s nominee for treasury secretary ...

President Donald Trump slammed Federal Reserve Chair Jerome Powell on social media, calling him a "major loser" and "Mr. Too Late" while calling for interest rate cuts.