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Treasury Secretary Scott Bessent said he and President Trump are considering who would lead the Federal Reserve next. “We ...
The White House is set to begin interviewing candidates for the next Federal Reserve Chair this autumn, as Jerome Powell's ...
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 ...
U.S. Treasury Secretary Scott Bessent on Monday said the White House expects to start interviewing candidates this fall to ...
In 1933 Roosevelt tried to sack William Humphrey, one of the five commissioners of the Federal Trade Commission, over ...
Lastly, the rise in longer-term yields could have something to do with the country's debt situation. According to the U.S. Treasury Department's monthly statement of public debt, the government has ...
Jerome Powell’s impressive soft landing only leads to more hard choices. The Federal Reserve chairman’s feat leading an ...
Policymakers and economists say the latest data is only a temporary reprieve as tariffs could stoke higher inflation.
Amid the recent market bloodbath, traders are now anticipating five interest rate cuts in 2025, estimating that these cuts ...
The White House is arguing that revenue from President Trump’s tariffs on U.S. importers is going to help pay for domestic tax cuts. “This time around, tariffs will help pay for both tax ...
A trade war ties the Fed’s hands by pushing up inflation at the same time that uncertainty is sapping growth.