Treasury Secretary Scott Bessent said he and President Trump are considering who would lead the Federal Reserve next. “We ...

Bessent said he was not concerned about Trump ousting Powell or challenging the independence of the Fed. But he said he did ...

U.S. Treasury Secretary Scott Bessent said Monday he will launch interviews sometime this fall to select the next Federal ...

The Federal Reserve has a playbook for fighting inflation, and another for boosting the economy when unemployment is rising. But what would the central bank do if both happen at the same time?

U.S. Treasury Secretary Scott Bessent on Monday said the White House expects to start interviewing candidates this fall to ...

Federal Reserve Chair Jerome Powell is expected to comment on the state of the economy at a speech scheduled for Friday, ...

The Federal Open Market Committee meeting started Tuesday and will culminate with a written policy statement and press conference Wednesday—but don't expect much clarity on where interest rates are ...

In 1933 Roosevelt tried to sack William Humphrey, one of the five commissioners of the Federal Trade Commission, over ...

ARLINGTON, Va. (AP) — The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth ...

Jerome Powell discusses economic issues one day before President Donald Trump's 10% base tariff on numerous countries takes ...

U.S. President Donald Trump nominated Federal Reserve Governor Michelle Bowman to the central bank's top regulatory post as vice chair for supervision where she is expected to oversee an agenda of ...

Federal Reserve Chair Jerome Powell speaks during a news conference after the Federal Open Market Committee meeting, Wednesday, March 19, 2025, at the Federal Reserve in Washington. (AP ...